Word: profit
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Dates: during 1930-1939
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...principles evolved by the French Revolution of 1789 have spread over the entire world," polished and rational Orator Blum cried. "Those who condemn them often unknowingly profit from them. Without the civil liberty that the French Revolution proclaimed, the authoritarian States of Europe would not today have at their heads men risen from the depths of the people and drawing from that origin their titles and their pride...
...country's homes were electrified, that many electric companies were owned partly by private investors and partly by local governments and the question of public ownership did not worry anyone. Viscount Falmouth, nicely neutral on the surface, explained 1 Britain's system of allowing utilities a 7% profit and of requiring five-sixths of all profits over 7% to be used for reducing rates...
...exchange had a turnover of 7,451,127 shares-most of them priced at only a few cents, but 100% profit is just as good on a cheap stock as on an expensive one. The exchange was a bedlam. With only 20 members, its facilities were swamped. Tickers were ordered from the U. S. so that customers might go to brokers' offices instead of to the exchange to do business. Brokerage became tremendously profitable. Seats on the exchange which sold for $500 when it was organized three years ago were worth $4,000 last December, are now valued around...
Because the anti-trust laws prevent manufacturers from fixing the retail price of their product, competition has forced the retail margin of profit down to a hairline on the popular brands of cigarets. At two-for-a-quarter the Big Three retail for $6.25 a 1,000. Retailer's profit, allowing discount, is less than i^ per package. Philip Morris, which sold 3,800 million cigarets last year, has generally been able to maintain a retail price of 15? straight, or $7.50 per 1,000. Wholesaling at $6.85 per 1,000, Philip Morrises make the retailer well over...
...restore retailers' lost profit margin Philip Morris last year tried an experiment in four States-Connecticut, Pennsylvania, Ohio, Georgia-each of which has its own cigaret tax. With every carton of 200 Philip Morrises the retailer was given an extra package of 20 free. The same result might have been accomplished by reducing the wholesale price from $6.85 to $6.23 a 1,000. but the psychological effect was different. Retailers loved the free package -15^ clear profit when sold-and they pushed Philip Morris sales...