Word: profit
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Dates: during 1930-1939
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...National Sculpture Society, an association whose purpose is to encourage U. S. carvers and chiselers, the Baltimore money will not all be clear gain for Sculptor Fraser. Out of the $100,000 she must furnish materials, studio rent, wages of assistants and workmen, possibly will show only a small profit when the bronze generals are finally cast and unveiled in Baltimore's Wyman Park. Some other U. S. sculptors reported busy last week were...
Only banks, wholesalers and manufacturers belong to the Association, retail credit being a wide field unto itself. NACM facilitates the pooling of credit information. Every bank, every company that extends credit is constantly prying into the private affairs of its customers. They study balance sheets, earnings statements, profit & loss accounts, weigh character, reputation, personal habits. But the final element in credit is "ledger experience," the record of how bills were paid in the past. Local credit associations collect ledger experience from their members, pass it on to a national clearing house in the National Association. Between...
...central credit exchange. But records of no less than 60,000,000 U. S. chargers are on file with local credit bureaus in more than 1,000 cities. The Credit Bureau of Greater New York has 3,000,000 alone. These local credit bureaus are, in the main, non-profit-making organizations owned by their members, mostly stores, and any charge account not paid in 120 days must be reported. Delinquencies are entered on a permanent record available to all other members and, through a system of standardized fees, to all other credit bureaus in the land...
...James Henry Rand Jr., bulky president of Remington-Rand Inc., world's biggest maker of office equipment. He became Samuel Insull's first big radio customer, putting on a news program over the new Affiliated Broadcast Co. network (TIME, Feb. 24). He reported a $3,000,000 profit for his fiscal year through March, a whopping increase over the $1,750,000 earned the year before. And he settled to his satisfaction one of the most curious strikes in the history of U. S. Labor...
...Atwater Kent is the personal property of its ingenious founder. During its peak year, 1929, it turned out nearly 1,000,000 sets, and its total sales were supposed to have been $60,000,000. At that time Mr. Kent was certainly not dubious about the profit possibilities of radio. He rushed a tremendous addition to the plant on Philadelphia's Wissahickon Avenue, starting production in it before the cornerstone was officially dedicated. Visitors were awed by Atwater Kent's luxurious general offices, dumfounded when they peeked through a special window to watch solid gold bars dissolving...