Word: grossness
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Dates: during 1940-1949
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Black Ink. Last year Blum's grossed some $3,500,000, and made an estimated net profit of $164,000. Most of it went to Levy, who controls three-fourths of the closely held stock. This year Levy expects to boost Blum's gross to $5,000,000. Next year Blum's will move into a new, block-long, $1,360,000 store and factory cut up into small, friendly little salesrooms. Levy doesn't want to lose that corner-store atmosphere. "We want to keep it the kind of place," he says, "where nobody will...
When he finally took aim at Moscow, he drew the fire of Russian propagandists, who yelped that some of his remarks were "gross and rude slander." He helped fashion the so-called Truman Doctrine and warned Congressmen: "This is a dangerous life and a dangerous world." He planted a seed in a speech at Cleveland, Miss., which, somewhat to his astonishment, blossomed into the Marshall Plan...
...maze of negotiations, investments, loans and leases between these trusts and Textron presents a fantastic picture of fiscal manipulation," which gave Textron an unfair advantage over taxpaying corporations. Tobey's remedy: Congress should pass a law forcing all such trusts to pay out 85% of their annual gross income to beneficiaries, to get tax exemption...
...plane cut its take-off run. The double-decked Constitution broke no speed records (it made the trip in 9 hrs. 35 min.), but it carried 90 people, the largest number ever flown in a nonstop transcontinental flight. Though Lockheed has no commercial orders for the plane, President Robert Gross thinks it would be a moneymaker. It could carry 180 passengers nonstop between New York and London at far less than present rates...
...from-office-boy railroad veteran of 44 years, who had been vice president of three other roads before joining the Nickel Plate six months ago. In 1948, the Nickel Plate's first independent year after separation from the Chesapeake & Ohio, he helped President Davin pile up a gross of $109 million and net of $15 million, greatest in the Nickel Plate's history...