Earnings, sometimes called the “bottom line” or “net income,” are the single most important item in financial statements. They indicate the extent to which a company has engaged in value-added activities. They are a signal that helps direct resource allocation in capital markets. In fact, the theoretical value of a company’s stock is the present value of its future earnings. Increased earnings ...

In 1931 there was admitted to Dr. Robert Hutchison's ward at The Hospital for Sick Children, Great Ormond Street, a dwarfed child of 2 years and 3 months. The colour of her skin was yellow like a faded leaf. The urine was albuminous and the blood pressure high. The peripheral arteries were hard and tortuous. Roentgenograms showed irregular, transverse bands of osteosclerosis and osteoporosis in...

Young camels were inoculated intradermally with either camelpox or smallpox virus and the courses of infection, including serological response, were compared. Camelpox virus was highly infectious; generalized disease resulted which was transmitted naturally to contact animals. Smallpox virus produced only transient lesions at the inoculation site and a less marked serological response. Neverthe...

Ulcerative colitis is a disease of unknown aetiology, uncertain prognosis and unsatisfactory treatment. In these respects -it is, of course, not unique. Its claim to recognition as a clinical entity rests on the existence of a number of cases showing inflammatory changes in the colon and rectum which cannot be attributable to any specific cause. It may be, however, that the cases now grouped to...

We have read with very great interest this little book published bj7 Mr. W. H. S. Jones, with added chapters by Major R. Ross, F.R.S., C.B., and Dr. C. G. Ellett * The chief author, Mr. Jones, is a classical scholar of distinction, and his views are, therefore, entitled to respect. We may agree with much of what Major Ross says in the introductory chapter that widespread disease is an important...