Word: profitability
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Dates: during 1930-1939
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Belair. One of the few large U. S. racing establishments that annually show a profit at the end of the year, William Woodward's Belair Stud is conducted with the same efficiency that developed the Hanover National Bank into the huge Central Hanover Bank & Trust. Belair is itself a fairly big business. It represents an investment of perhaps $1,000,000 and spreads over four plants. The horses are born in Kentucky, raised in Maryland, groomed for their racing careers on Long Island (or Newmarket), retired to stud in Kentucky...
...headache. In twelve weeks attendance totaled some 14,700,000 (including almost 3,500,000 free admissions), about half what he had hoped for. He had forecast a $4,000,000 loss if only 40,000,000 people came to the Fair the first year, a $1,000,000 profit on 50,000,000. With three months to go, it appeared that he would be lucky to get 30,000,000. Tip-off on his Big Show's fiscal status was the market for its $27,829,500 of outstanding 4% debentures (5% paid off): the closing...
...system sold 4,147,339,000 kilowatt hours in 1933. In the twelve months which ended last May 31 it sold 8,238,016,338; net for the holding company's common went from a deficit of $808,000 in 1933 to a profit...
...billion dollars in assets). But he did something else. He took the case of the utilities to the public. He articulated the argument against public ownership, generating power regardless of cost, and the argument for private ownership, under regulation, selling power at low rates and making a decent profit on its capital invested...
Sportsmen and municipal officials set up such a howl that papermaking States have threatened to crack down on the dumping. Some foresighted paper-mill operators had hired chemists to see whether the waste liquor could be turned to profit. One of the leaders in that move was cagey Marathon Paper Mills Co. (food containers, waxed-paper wrappers). To its plant at Rothschild, Wis. twelve years ago it summoned lanky, sensitive Guy Howard, free-lance consulting chemist, and gave him a staff of researchers. Since then it has put $1,500,000 into its chemical division...