Word: profit
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Dates: during 1930-1939
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...Interstate Commerce Commission last week moved again to enforce a section of U. S. law which it considers unenforceable. Section 15a of the Transportation Act of 1920 instructs the I. C. C. to "recapture" from all railroads, on the basis of their final valuations, one-half of all annual profits in excess of 6% of the road's investment. Funds thus assessed are to be pooled to help less prosperous carriers. In its last annual report the I. C. C., after a decade's experience with recapture, condemned Section 15a as "open to serious practical objections," difficult to administrate, productive...
...baseball pool has recently made its appearance in the vicinity of the Freshman dormitories. Two students are running the business on a presumably non-profit basis. It is rumored that the base of operations is in Smith Hall...
...banker-president of Lambert Pharmacal Co., makers of Listerine, told how advertising had made his company successful. In 1920 the Lambert Company spent practically nothing for advertising. Its year's earnings were $115.000. Last year the concern spent approximately $5,000,000 for advertising. Its year's profit...
...When Great Atlantic & Pacific Tea Co. of America closed its books on Feb. 28, it had 15,737 stores in operation, a gain of 319 during the year. Last year stores turned in a volume of $1,065,806,000 despite lower commodity prices. Sales up, the margin of profit also increased, jumping from 2.49¢ per $1 of sales to 2.88¢. The result was a net profit in 1930 of $30,000,000 against $26,000,000 in 1929. Assets are now listed...
...last week in Big Bill Thompson's "The Tribune Shadow" (see p. 15). Annenberg once promised a 250,000 circulation growth at no increased page-rate and got thereby many an advertiser. Forthwith he cut Liberty's page-size, lost in goodwill what he had made in profit. James O'Shaughnessy, expert on advertising, was called in (TIME, July 29, 1929), but could not revive the invalid. Advertising makes a magazine pay; Liberty did not pay. It ailed, grew thinner, was printed on cheaper paper...