Word: profitability
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Dates: during 1930-1939
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Publisher Roy McDonald of the Chattanooga Free Press does not like TVA nor any other Government power project. He considers them a head start toward State socialism and "the complete destruction of the profit incentive that has made America great." This message the Free Press has repeated with loud and monotonous regularity ever since it was started as a throwaway weekly to advertise Mr. McDonald's chain of Home Stores (groceries...
Samples: Far from being forced out of business, independent food stores in creased from 234,000 to 304,000 between 1929 and 1935 while the number of chain stores decreased 8.3%. In A. & P.'s case there is a profit of between one and three per cent which it takes away from communities; however, it sells its foods at from eight to ten per cent under independent competitors, hence gives the community a net saving of from five to nine per cent...
...YORK--Profit taking dried up on the stock market late today and the the list made a sharp comeback to close irregular...
...cheap land (near the Negro quarter), with union labor, standard materials and a satisfactory profit to the contractor, he put up a one-story structure bounding three sides of a rectangle with a sunken grass court (Powell & Morgan, architects). Ten living units of four rooms & bath each have individual front doors opening in this court. Each unit has its own heating plant. There are no garages. Rent: $25 per month per unit, or $6.25 per room...
...break into this market, all speculative profit must be eliminated, also excessive mortgage overhead and only the most economical maintenance charges...