Word: profit
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Dates: during 1930-1939
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...consumers and they benefit either way. If it's organized boycott that doesn't hurt either, because the members of the co-operatives are loyal and their companies are so founded that they exist primarily for the benefit of the members and make no real attempt to profit from sales to non-members. Any direction the battle runs the co-operative managers are a jump ahead of the cartels and thir gain is the consumer's gain. Albin Johansson, president and manager of the Co-operative Union, or "K. F." receives a salary roughly equivalent to 5000 dollars in United...
Young Mr. Hirschmann banded together a non-profit organization of music lovers called the New Friends of Music, Inc., announced that they would run this winter a series of 16 concerts devoted to the more erudite chamber music and songs of Brahms and Beethoven. To attract sincere music lovers and discourage the carriage trade, they held their prices down to $1.10 top, promised to get not the most noted performers but the most competent. Old hands predicted ruefully that they would run aground. Last week when the New Friends opened the doors of New York's big Town Hall...
...highly logical choice. More than two-thirds of its $35,000,000 worth of assets are in banks or Government bonds. Its name is potent. But Nash lost money from 1933 through 1935, is not making much money now. Its sales organization, the key to modern motor profit, needs strengthening, and sales organization is one of Mr. Mason's long suits. Kelvinator has 10,000 dealers, Nash only...
Bound morally if not legally to ponder the new Federal tax on undistributed earnings are the directors of all profitable U. S. corporations except banks and insurance companies. Before the year end they must decide on how much of this year's profit they will pass on to stockholders to avoid the levy, running as high as 27% on earnings retained in the business. Last week in Chicago the directors of Sears, Roebuck & Co. made their decision. After marking the company's 50th anniversary by voting a special $1,500,000 "Jubilee" wage bonus, the Sears board declared...
...late Marcus Goldman started to buy from Manhattan tobacco and diamond dealers the promissory notes given them by their customers. Clapping the notes in his high black hat, Founder Goldman would then make the rounds of the banks, selling the notes as short-term investments at a slight profit...