Word: million
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Dates: during 1940-1949
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...chances for profit looked good. In three years, air freight has grown from virtually nothing to more than 115 million ton-miles last year. The potential amount of U.S. air freight, said CAB last week, is more than one billion ton-miles per year, or more than eight times as much as all airlines are now hauling. The cargo lines had promised they would develop the business if given the chance. Now it was up to them to make good...
...year from Aramco in 1941, on the threat of tearing up its multi-billion-dollar concession in his country. Moffett claimed that he had persuaded Franklin D. Roosevelt to propose that Ibn Saud's sagging treasury be propped up with money from a $425 million U.S. loan to Britain...
...corporations turned in more first-quarter earnings reports last week, their performance so far this year looked better & better. General Motors Corp. reported sales of $1.2 billion, the greatest in history. So were its profits: at $136.7 million (v. $96.4 million in 1948-3 first quarter), they were running at $1.5 million...
...steel industry was not far behind-U.S. Steel turned in a net of $49.9 million, UP 79% from the 1948 quarter. It also showed the best profit since 1929. Bethlehem Steel's $33.1 million represented a whopping 114% gain, and other companies did nearly as well, thanks to maximum production and a drop in the cost of some raw materials...
...neighboring airports one night last week rolled 59 trailer trucks hauling the largest single consignment of air freight in the history of commercial aviation. It took the entire cargo facilities of American Airlines and six other lines to carry the 112 tons. The shipment consisted of razor blades-25 million of them. They were flown to 381 U.S. cities, to appear simultaneously on 150,000 retail counters...