Word: profit
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Dates: during 1930-1939
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Sued. Elsie French and Anne Colby* ("X-Ray Twins") Vanderbilt, month-old daughters of William Henry Vanderbilt and Mrs. (Anne Gordon Colby) Vanderbilt; along with 24 of their kin, all heirs of the late Cornelius Vanderbilt (died : by the U. S. Government; for $800,000 in profits, back taxes and interest from the sale in 1927 of the Vanderbilt mansion on Fifth Avenue, Manhattan. Valued at $3,000,000, it was sold for $7,100,000 which reverts to the heirs at the death of 86-year-old Mrs. Alice Gwynne ("The Dowager Mrs.") Vanderbilt. The Government regards the sale...
...Noranda's new gold discovery. Low commodity prices, cheaper Labor, have in effect in creased the price of gold, always salable to Government mints at $20.67183462 per fine ounce. Thus gold mines which a few years ago were just able to break even are now operating at a profit, ones which were just profitable are now turning in tremendous profits. The effect of this has been that Gold Fever, always smoldering in the mind of man, has flamed fiercer than ever. One evidence of this is seen on the stock exchanges. Alaska Juneau (the big Treadwell Mine), Dome Mines...
When the public hears that a pool is at work in a stock, they are very likely to rush in and attempt to make a few quick points of profit. This is a hazardous practice because usually the public does not hear of the pool until the pool is ready to sell to the public. And it is also hazardous because pools are by no means always successful. Last week came to light the story of a tremendous pool and its unhappy ending...
Less definite in statement was Mr. Kurihara's very sage observation that: ". . . The market to be worth while on the opposite side of the deep valley will make the crest market, the sharp-witted traders will benefit for and the good-sized profit as from the basement to the roof will multiply for the small seed money and an occasion to pour a water over the sleeping ears...
However, a similar project is unnecessary. The results of a Yale inquiry would unquestionably be in such close harmony with those at Princeton that we should be foolish to fail to profit by her fingers. The Yale atmosphere in American business is very impressive. It should breed confidence here that the success of Yale alumni is at least as high as any in the nation...