Word: nettings
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Dates: during 1950-1959
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...loan from the Metropolitan Life Insurance Co. to pay for the tankers and renovate them. The American Overseas Tanker Corp. turned the tankers over to a Panamanian corporation it controlled, which received the rental on them. After three years, the American and Panamanian firms were sold for a net profit to stockholders of $2,700,000. Net profit to Casey alone: $250,000. Said Casey of the deal: "It was all carefully synchronized...
...rate streetcar and bus tickets. But the Katz specialty is selling nationally advertised merchandise "at the right price"-which in Missouri is usually lower than the established price.* In 1950, reported Ike and Mike last week, this policy paid off with record sales of $32 million, a net of $824,233 (v. $618,182 in 1949). It was, the brothers proudly claimed, "the greatest per store volume of any drugstore chain in the world...
...week, Pioneer topped all competitors in passenger miles flown (37 million), was outranked only by Washington, D.C.'s All American in revenue passengers flown. Even after a $400,000 slash in Government mail pay, Long managed to boost Pioneer's profits by 7%, turn in a tidy net...
...Does it advantage me, or does it not, when I get into a war? Now, if I felt that the material destruction that I was going to accomplish was not equal to some moral or great reaction otherwise to this act, then I would abstain. If I thought the net was on my side I would use it instantly . . . The United States is not going to declare war or conduct an aggressive campaign. It is merely going to defend itself, and if someone, in spite of its peaceful purposes, jumps on it, I believe in using what we have...
...were paid bonuses of $2,050,000, an average of about $2,000 apiece above their salaries. Reason: a liberal incentive plan, which makes it pay to work harder. The plan paid off in another way. In 1950 General Controls' sales nearly doubled (to $13.2 million), and its net jumped from $579,186 to $1,152,366, a new record...