Word: earned
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Dates: during 1950-1959
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Neiman's salesgirls (a top one can earn as much as $25,000 a year), teaches them the fine points of low-pressure selling. They also learn to treat all customers alike, never knowing which unlikely looking shopper may prove to be the biggest spender. Once a girl in a sunbonnet and cotton dress came into Neiman's for a complete outfitting on her first visit to Dallas. In a few hours, she spent $10,000 of her father's new oil wealth. The last thing Neiman's sold her was a pair of shoes...
...that differentiated the libérés from the prisoners was the fact that the freed men had to scratch and beg for their living, while the prisoners at least got fed. Money or influence might buy a man special privileges, but there was no honest way to earn them. One of the most ironically successful prisoners in the colony was a onetime mutinous soldier who managed to buy himself the job of prison executioner, only to grow absentminded, kill another convict in a tiff and end up on his own guillotine -after being good enough...
...began its decline. But the outlook for profits and dividends gave little solid reason for a major shakeout. By all indications, 1953's profits will be at least 10% higher than 1952's. Next year, with the Excess Profits Tax removed, many companies will be able to earn more on lower sales. And the fact that there are so many bears might be an argument that they are wrong-as the old Wall Street axiom has it: "Go the way the crowd came from...
...year to 25% of that nation's quota. It bought $20 million worth of Turkish lire, 46.5% of Turkey's quota, in exchange for $10 million in U.S. dollars, two million British pounds and 18 million West German marks, currencies that Turkey has not been able to earn in trade...
...done, investors will look twice before buying into the company. Its streamlined plant requires a steady high rate of production in order to show a profit. It would be hit first and hardest by even a small business slump, while older plants might cut back operations and still earn money. Thus, investors are apt to be chary of risking money on Margam...