Word: profitability
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Dates: during 1930-1939
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...Harry Woodring (TIME, Aug. 17, 1936). This time eccentric Hockaday's idea had been to shine the President's shoes for 10?, raise $1.40 more through 14 other shines, buy a bushel of wheat, make 60 loaves of bread, sell them for 10? each and a profit of $4.50-which he would then distribute to baker, miller and middleman...
...short, the Brookings thesis holds that industrial management has not progressed as fast or as far in its price policies as it has in its technological skill. Cynics claim that this was because Big Business designed its price policies primarily for monopolistic and profit-hogging reasons. The new Brookings book, Industrial Price Policies and Economic Progress, therefore took as its theme the factors that entered into an executive's choice of certain prices for his company's products. Lion's share of the credit for the first four volumes went to the Institution's president, bald...
Eleven years ago an enterprising University of Florida student named Douglas Leigh bought all the advertising space in the college yearbook for $2,000, promptly resold the space for $7,000. In 1930, when he was down to the last $9 of this fat profit, he arrived in Manhattan to hunt a job. Though modest, soft-spoken Douglas Leigh hoped to work for Batten, Barton, Durstine & Osborn. he was unsuccessful, instead landed a job with General Outdoor Advertising Co., Inc., for which in three years' time he became a top-notch salesman. But dis gruntled by a long string...
...major Los Angeles banks, pleading hard times, cut their maximum interest rates on time and savings deposits from 2% to 1½%, but Mr. Giannini swore up & down he would not cut his. "A. P." did not need to, he boasted, for Bank of America was making its greatest profit in years, might make more money in 1938's first six months than any other U. S. bank...
Finances. About 20 summer theatres, among them notably those at Westport, Skowhegan, Ogunquit, Dennis, Schenectady and Stockbridge turn in a regular profit. Most of the rest survive on subsidies from rich patrons, tuition fees from amateurs (who pay up to $600 apiece), or both. Summer theatres employed about 500 actors a week in 1934, 800 last year, expect to employ about 1,500 this season. Top salary for stars is about $750 a week, but most willingly take much less. Less celebrated Equity members average $40 a week. Authors whose plays are performed in summer theatres get minute fees, because...