Word: fivefold
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CAMPBELL SOUP, preparing to make a 1,300,000-share public stock issue, served up some piping-hot figures never before released. Campbell reported assets of $223 million, sales of $339 million in fiscal 1954, up more than fivefold since 1939, and net income last year of $23.6 million. Dividends have been paid every year since 1902 (current rate: $1.20 a share...
...newspaper." With borrowed money he purchased tiny (circ. 40,000), struggling Yomiuri, which means "reading for sale." cashed in on his police experience by getting the most sensational crime coverage in Tokyo. He added a pioneering radio section and the comics. In four years Yomiuri's circulation increased fivefold. Then Shoriki dis covered "base bolu...
...when its income was close to $4,000,000, it lost heavily. The circulation growth proved, insists Cowles, "that the magazine filled a real niche." He had started it with an editorial staff of five people, and to keep it going he had to increase the staff more than fivefold. Paper and printing costs rose about 25%. His original idea had been to take no ads, make money on circulation. But he soon discovered that to produce Quick cost more than the 10? that readers paid for it. To make up the difference, Quick went after advertising, ran head...
Allyn expanded his exports, spent heavily on research to develop new accounting and bookkeeping machines, including one that figures payrolls and writes checks while automatically allowing for withholding taxes, social security and other deductions. Result: National's sales have risen fivefold to $212 million in 1951, its net has jumped 470% to $11 million...
...Peron still runs a tightly controlled police state backed up by a controlled press. His 5,000,000-man General Confederation of Labor (C.G.T.) is now organized on the lines of a civilian militia, ready to fight any anti-Peron uprising. Since 1946, Peron has increased his police fivefold; Buenos Aires alone now has more than 35,000 cops. Since last September's abortive army revolt, Peron has purged the army of more than 1,000 suspected officers...