Word: profit
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Dates: during 1930-1939
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...taught him his trade was that he usually played an independent hand in his speculations. More than that, he had a philosophical as well as a speculative cast of mind. After his killing in Amalgamated Copper, when he was only 32, he seriously considered retiring with his profits to study law and enter public life as a reform politician. For gambling for gambling's own peculiar thrill he had no love. His speculations were for profit only. More than that he was a speculator on moral principle. His credo: "I am a speculator and make no apologies...
...friendship to make his killing in Steel. Congressional questioning showed a new side of him. Reading between the lines of utterances by Germany's von Bethmann-Hollweg and Britain's Lloyd George - reading matter for the whole world -he had almost alone foreseen developments, made his huge profit without inside information from the White House. The dates of his operations confirmed his claim...
...took office they could get barely 5?; the January before copper touched an all-time low of 4.7?. The 1933 average was 7.15?. At that price Kennecott Copper, whose operating costs are one of the lowest of any big domestic unit, was able to show a $2,307,000 profit for the year against a $7,102,000 deficit for 1932. Fortnight ago it declared a 15? common dividend, its first since January 1932. Phelps-Dodge announced a 25? extra dividend in February and May. American Smelting & Refining Co. began paying arrears on its 7% preferred last December. This wavelet...
...sugar, many another commodity, actually continued to decline until almost the end of last year, hardly moved off bottom until this spring. But by last week the Annalist index "in U. S. dollars" was pushing into the highest ground in more than three years. Despite a sudden rush of profit-taking which once again tumbled wheat below $1 per bushel and unsettled all cereals, corn soared to 58? (last year: 45?). Three successive winters favorable to chinch bugs had raised Corn Belt infestation to menacing proportions. Officials had counted as high as 5,000 pests to the square foot. Furthermore...
...Irish Hospital tickets, leaving his associates to handle the domestic business which this year gave ''Duggie" an interest of approximately $2.500.000 in the Derby. By the time the horses lined up at Epsom Downs last week, Sidney Freeman in his Ritz Carlton suite was busy computing what profit the firm stood to make out of his U. S. commitments-over $100,000 for tickets or shares in tickets of timid ticketholders...