Word: profit
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Dates: during 1930-1939
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...able to capitalize to the full on his shrewdness and his talents. His interest in Muscle Shoals led him to aid the late Senator Thaddeus Caraway when that stoop-shouldered, sharp-witted little oldster was probing lobbies in 1929-30. And he was quick to detect the political profit for little Senators with big ears...
...public works program, set up Government agencies for combatting unemployment (chiefly by limiting workers of alien nationality) and to enforce reduction of meat prices, lower bread prices already having been decreed. Fiscal measures, newly decreed, reduce the inheritance tax on farms, stiffen bankruptcy laws to protect creditors, reduce the profit permitted on contracts with the State, increase the profit tax paid by directors of large concerns, reduce the interest rates on commercial loans and generally contribute in involved fashion to the budget-balancing, despite the two added billions expenditure for public works, M. Laval has set as his goal...
...into such diversified businesses as prune ranching in California and the Hotel New Yorker in Manhattan. These he acquired in his prime pursuit of shaky investment companies at less than their asset value. Then by careful merging and liquidating he would ride them through to recovery at a profit. But though Atlas' profits have been good, up to last week its 36,700 common stockholders had never received a cent in dividends. Therefore it was news indeed when Mr. Odium and his four directors, with a surplus of $36,000,000 and six months' earnings...
...rarely entertains, almost never allows himself a vacation. He started his first credit house in 1907, organized Commercial Credit in Baltimore in 1912 with a capital of $300,000. More than half Commercial Credit's total financing comes from the automobile business and the company estimates a profit of from $5 to $7 on each automobile transaction. It has official contracts with Chrysler and Packard. Last December Walter P. Chrysler arranged to add a slice of Commercial Credit's profits to his own by acquiring a substantial block of stock in that company...
...supply of crude oil for the Texas refineries of another subsidiary, Pan American Petroleum & Transport. So Lawyer Morrow sold the physical assets of Yount-Lee Oil to Stanolind for $42,000,000, keeping real estate, notes and accounts receivable of approximately $4,000,000. He expects to make his profit on the largest cash deal in Texas history by liquidating these assets...