Profit hinges on volume exceeding overhead costs
The statement explains that profit occurs only when net earnings from volume surpass overhead expenses, implying that higher volume yields higher profit. It emphasizes the direct relationship between volume and profit in cost management.
Coolidge Becomes 48th Governor of State Today
Northampton man and lieutenant governor will be inaugurated as Massachusetts governor today. Calvin Coolidge Jr., son of the governor-elect, will attend as an invited guest. The event marks the transition from wartime service to civilian life for the governor and his administration.
MENTIONED IN THIS ARTICLE
Coolidge
Northampton
Massachusetts
Calvin Coolidge, JR
Calvin Coolidge
McKnight as President and Warner Speaker in Massachusetts Legislature
The Massachusetts Senate organized with Edwin T. McKnight of Medford elected president and Joseph E. Warner of Taunton chosen as speaker. Governor-elect Calvin Coolidge and Lt. Governor-elect Cox prepared for inauguration as the Assembly set to convene. Governor McCall delivered a valedictory noting wartime recovery and calls for thrift and restoration.
MENTIONED IN THIS ARTICLE
Massachusetts Senate
House of Representatives
Edwin T. McKnight
Medford
Joseph E. Warner
Taunton
Commonwealth
Calvin Coolidge
Northampton
Channing TI. Cox
Boston
William F. Dusseault
Lynn
Massachusetts Regiment
Porto Rico
Framingham
Westfield
Daniel W. Waldron
Senate
H. D. Coolidge
Thomas F. Pedrick
Edward A. Horton
House
Joseph F. Warner
Peaker
James W. Kim
Thomas I
Pedrick
William J. Dusseault
William H. McDonald
Warner
Bliss and
Smith
James W. Kimball
Frank E. Bridgeman
Channing H. Cox
Massachusetts Inauguration Ushers Coolidge Era In State
The public will hear of the governor and lieutenant governor’s inauguration in joint session of the Legislature. Channing H. Cox is set for Lt Governor while Edwin T. Mee Knight presides as Senate president to administer the oath. A new Committee on Reconstruction signals a push to reorganize state government and restore postwar industry and services.
MENTIONED IN THIS ARTICLE
Boston Common
Channing Hf. Cox
House of Representatives
Edwin T. MeeKnight
Senate
House
Coolidge
Massachusetts
Legislature reorganizes with new reconstruction and waterways committees
Senate President Edwin T. McKnight and Speaker Joseph E. Warner announce creation of reconstruction and waterways and terminals committees. Lists designate members from Beverly to Wellesley and various cities, with chairmen named for judiciary, ways and means, engrossed bills, and others across both chambers.
MENTIONED IN THIS ARTICLE
Edwin T. McKnight
Senate
Joseph E. Warner
House of Representatives
Loring
Beverly
Gifford
Barnstable
Hastings
North Adams
Spinney
Weymouth
Barry
Lynn
Putnam
Lowell
Emery
Newburyport
Baldwin
Brookline
Webster
Boxford
Worrall
Attleboro
Englert
Boston
Beck
Chelsea
Mchane
Fall River
Cavanagh
Everett
Monk
Watertown
Smith
Bliss
Malden
Jewett
Bray
Buckland
Hargis
Montague
Winn
Worcester
Flanagan
Lawrence
Finkel
Prescott
Grafton
Hobbs
Colburn
Dracut
Curtin
Jackson
Dahlberg
Brockton
Weston
Newton
McIntosh
Quincy
Churchill
Amherst
Halliwell
New Bedford
Eames
Reading
Jules
State House
Perrin
Wellesley
Nichols
Tarbell
Brookfield
Nason
Haverhill
Young
Abbott
Meyers
Cambridge
Powers
Gould
Milford
Cox
Granger
Agawam
Freeling
Woodill
Melrose
Kelley
Fairhaven
Bagshaw
Hall of
Leominster
Maloney
Achin
Provincetown
Haynes of Scituate
French
Somerville
Torrey of
Groton
Bibles of
Waltham
Brown of
Woburn
Bitter
Arlington
Pierce
Greenfield
Hudson of
Johnson
Uxbridge
Bliss of
Hays
Whitman
Greenwood
Odlin
Bowser
Wakefield
Kneeland
Winchester
Osborne
Marblehead
Bessette
New Bedaford
Newhall
Stoneham
Messrs
Boothman
Adams
Convoy
Durgin
Wenham
Cashman
Mellen
Hearn
Berlin Plans Large 1919 War Levy And Property Tax
A Berlin despatch says the people's commissioners and the secretary of finance approve an extraordinary war levy for 1919 on war profits. It also provides for an extraordinary levy on the increased value of property and taxes on remaining property after profits are collected.
MENTIONED IN THIS ARTICLE
Amsterdam
Berlin
Railroads Loss to U S Tops 150 Million in 1918
Government officials estimate the railroads produced a net loss of about 150 million dollars in 1918 as revenue from increased freight rates lagged behind guaranteed returns. Officials project total compensation around 950 million with net income just over 300 million, pending final ICC figures.
MENTIONED IN THIS ARTICLE
Washington
Railroad Administration
Congress
Wilson
Interstate Commerce Commission
Lovett Opposes Government Ownership of Railroads
Robert S. Lovett announced his resignation as director of the division of capital expenditures of the railroad administration today. He argued that competition should exist in service and facilities but not in rates, and urged a definite governmental railroad policy for financial stability and national welfare.
MENTIONED IN THIS ARTICLE
Lovett
Mr. Lovett
Robert S. Lovett
Railroad Administration
Open House at Boston Y M C A Draws Thousands
Several thousand visited the Boston Y M C A for open house with four receptions for Lieutenant-Governor elect Channing Cox Brigadier General John W Buckman and Colonel W P Wilson. The building was open for inspection from 2 to 6 p m with demonstrations in the physical.
MENTIONED IN THIS ARTICLE
Boston Y. M. C. A
Channing Cox
John W. Buckman
North Atlantic Coast Artillery
W. P. Wilson
Fort Revere
Also Mentioned on This Page
Commercial Credit Company Cash Capital
Surplus
Baltimore
Congress St
New York
Philadelphia
Cincinnati
Commercial Acceptance Trust
Cash Capital
S. la Salle St
Chicago
William Minot
Milwaukee
Pittsburgh
Congress Street
Waldo S. Kendall
Resident Partners
Australia
New Zealand
Bank OF New South Wales
Hell French
Ecrhge Street
Sydney
Fiji
Papua
New Guinea
London
Threadneedle Street
Chas. S. Cheston
Harrison & CO. Bankers Lafayette Building
Sir
Associated Press
Senator Reed
League of Nations
Senator Watson
Sherman
Professor Giddings
Senator Reid
Paris
Reed
Watson
Penrose
Folette
Lodge
Williams
Charles Zueblin
McKnight
McDonnell
Gov. McCall
The
William H. McDonnell
South
House Committee On Rules
William F. Wasseault
Chaptain
Leck
R. Perry Bush
First Universalist Church
Nichols and Curran
Suffolk
Fobbi
McCall
Senators
Executive Department
Henry D. Coolidge
William H. Sanger
Timothy F. Quinn
Sharon
John T Obrien
McCail
United States of America
America
Jefferson
Lincoln
Voa
Massachusetts Gas and Electric Light Companies
C. D. Parker & Co., Inc
Devonshire St
Fort Hill
United States
Wall St
U. S
Ane
Andover Savings Bank
Andover
Brighton Five Cents Savings Bank
Brookline Savings Bank
Cambridgeport Savings Bank
Melrose Savings Bank
Boston Five Cents Savings Bank
Columbus Savings Bank
Home Savings Bank
North End Savings Bank
Hyde Perk Savings Bank
Salem Five Cents Savings Bank
Waltham Savings Bank
Trust Companies
Charlestown Trust Co
Charles
Blackstone Savings Bank
Commonwealth Trust Co
Cosmopolitan Trust Co
Federal Trust Co
Fidelity Trust Co
Metropolitan Trust Co
Old South Trust Co
Boston Trust Co
United States Trust Co
Fitchburg Bank and Trust Co
Melrose Trust Co
Highland Trust Co
Somerville Trust Co
National Banks
Boylston National Bank
Union Market Nat’ Bank
Water
Babson’s Mercantile Bulletin
Babson’s Statistical Organization
Wellesley Hills
Mass
B. P.” Francis &Co
Investment Securities Cor
Broadway & Wal-St
Apex Refining & Drilling
Clark & Curtiss
Whittier Bldg
Iimely Investment
Holland & Company
Broadway
A. F. Dow & CO
State St
Mexico
Makeever Bros
Washington Street
Bay
S. Winslow
Portland
Maine
United States Smelting, Refining & Mining Co
United States Smelting, Refining & Mining Company
F. W. Batchelder
United Gas & Electric Co
Board of Directors
A. McKenna
Bates Hall
Arthurs. Johnson
Albert L. Curtis
C. L. Higgins
F. C. Gerow
B. Snell
A. B. Burnell
Helen Gerow
Boston Post
Hearty
Earl Brown
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