Word: profit
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Dates: during 1930-1939
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Meanwhile, Poultryman Cannaday's 1,700 Leghorns were producing their pre-rebellion quota of 80 doz. eggs daily, only production drop noted being just after an air raid when the hens were frightened. Anarchist collectivizers eyed the farm jealously once, but Cannaday remained unintimidated. Believer in the profit system, respecter of the law of supply & demand, he continued to sell his wares to hungry Madrileños, paying little heed to Leftist Spain's campaign to outlaw profiteering, fix prices...
...discovered Madrilenos were paying him 75? (12 pesetas) a dozen for his eggs, told him the most he could lawfully receive was the official price of 20?. Farmer Cannaday complained eggs cost 60? a dozen to produce because of scarcity of grain, that he considered 15$ a dozen reasonable profit. The Leftist Government's inspectors remained adamant and at latest dispatches U. S. Embassy residents quivered with anxiety as Sutler Cannaday threatened, "I'm going to liquidate this poultry farm! I'm going to sell my hens for a measly $1.50 in inflated pesetas each...
...dealers and distributors, 60,000 repair shops. Ford and Chevrolet each have 10,000 dealers; Chrysler, Plymouth, De Soto and Dodge together have 8,000 distributors & dealers; Buick 3,000. Ninety-seven percent of U. S. towns cannot be worked by a dealer with profit, and 3,627 towns produce 85% of total sales. Cities, ranked by size, are the richest territoric:, A dealer usually sells two used cars for every new me, for more than half of U. S. motorists have never owned a new car. U. S. sales last year equaled 4,016,000 new cars and trucks...
...faced Sales Manager William F. Hufstader, Buick dealers buy their cars direct from the factory at 25% below retail prices, a practice standard in the industry. Thus a $1,000 car costs a dealer $750. Out of the $250 difference a dealer must pay his overhead and clear a profit. So far this year Buick dealers, according to Bill Hufstader, have netted twice as much money as last. Makers are cagey about mentioning dealer profits, but Buick dealers probably average about $78 net for every $1,000 in sales, not counting a 20% reserve for used car losses. With...
...collapse in 1926. Standing penniless on a Miami street corner, he saw a man trying to sell a Nash for $300. Evans asked if he could try driving it. En route, he stopped at a garage, sold the car for $500, set himself up selling cars on his $200 profit. In 1927 he sold over 2,000 cars in Tampa. By 1929 he was selling 5,000 a year. Intrigued by Austin in 1932, he soon placed Austin third of all cars in Florida sales. Expanding nationally and into other lines, he soon had branches and warehouses all over...