Word: profit
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Dates: during 1930-1939
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...estate is not a gentleman farmer's operation run at a loss which he can deduct on his income tax return (as suggested by his district's Republican Congressman Hamilton Fish), but a timber operation (cordwood, fence posts, Christmas trees) on which he should realize a small profit. With him on this weekend was Author Emil Ludwig, biographer of the great, whose next subject is Franklin Roosevelt...
...golf club has a swatfest, father & son tournament or other unique contest with a handsome goblet as prize, the chances are that it has been instigated by the Professional Golfers' Association of America, commonly called the PGA. Founded in 1916 by several eastern professionals, PGA is a non-profit organization whose purpose is to promote golf and thereby professional golfers, who are one of the most underpaid groups of crack athletes in the world. PGA conducts tournaments, offers free teaching in colleges, free advice to clubs, free architects to the Government or anyone else who wants to build...
...prospect in the U. S., the Department of Agriculture predicted last week that total farm income this year would top $10,000,000,000 for the first time since 1929. Industrially the picture was still more pleasing. Second-quarter earnings reports would be closely scanned for signs of shrinking profit margins but actual profits were expected to compare favorably with a year ago. Operations in the steel industry were above a year ago although strikes cut the rate from above 90% capacity in May to around 75% currently. The price of steel scrap, a good barometer of steel opinion, advanced...
Built for $750,000, run on a non-profit basis with proceeds split between the State and the Delaware Steeplechase & Racing Association, Delaware Park (near Wilmington) aims to fill the gap in fashionable Eastern racing between the closing of Belmont Park in June, the opening of Saratoga in August. Noteworthy feature of the plant is a lawn that slopes sharply down from the grandstand to the track to permit spectators to see races without going back to their seats...
...figures on comparative sales of different types of furniture showed that U. S. citizens were inclined to spend their first furniture money on upholstered chairs, studio couches, etc., putting makers of upholstered furniture in the black ink a year ahead of the industry as a whole. Their aggregate operating profit of 3.07% on sales in 1935 was more than doubled last year. Second best showing was made by manufacturers of novelty and specialty goods, who also made an operating profit, 2.15% in 1935, increased it to 4.86% in 1936. Laggards were the manufacturers of "case goods," or dining room...