Cities Service. When a U. S. Business shows net earnings of more than 25 million dollars a year, it becomes emphatically a Big Business. And well in the Big Business class did unique Henry Doherty's Cities Service Company last week show itself.
With an extraordinary 31 to 1 ratio of gross earnings ($36,902,526) to expenses ($1,193,614) Cities Service reported net earnings (year ending April 30, 1929) of $35,708,912, compared to $31,916,734 for the previous twelve months.
Alleghany Corp. Formed last January by Cleveland's Van Sweringens, Alleghany Corp.an investment company which thus far has functioned chiefly as a holding company for Van Sweringen rail...
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