Word: profitability
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Dates: during 1930-1939
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...industry was able to stand an annual salary increase of $7,200,000 on four points: 1) "The curve of prices of petroleum products in the past months is rising, indicating that prospects for the industry are good for the coming years." 2) With one exception the percentage of profits in relation to capitalization of the Mexican companies was an average of 34.28% during the years 1934 to 1936, while the U. S. oil companies' percentage of profit was 6.13%. 3) The cost of producing a barrel of oil in Mexico during 1935 was 8.6 pesos, while...
...hitherto undefeated Joe Louis a terrible beating, it did not jar Mike Jacobs. Although the logical sequel would have been a match between Schmeling and World Champion Jim Braddock, who was under contract to the Garden, that sequence of events was not considered by Jacobs to offer the maximum profit. There was a rapid flurry of decisions by the New York State Athletic Commission, lawsuits, injunctions, statements, challenges and denials-and presto! the Garden's champion was set to defend his title against Joe Louis in Chicago. The Garden's long control over the heavyweight fight industry...
...Sloan went on to say that higher automobile prices seemed inevitable, though GM's profit margin is not yet distressingly slim (13% for the June quarter).* Gloomed Mr. Sloan: "Much might be said as to the effect of increased selling prices on the course of the recovery movement........ . The hope might be expressed, however, that sooner or later the fact will be recognized that sound and desirable progress, reflecting a higher standard of living, never can be made possible by the policy of arbitrarily increasing wages, shortening hours and reducing efficiency, without regard to the effect on real prices...
...came to terms with John L. Lewis late last winter, and if it had any complaints on the subsequent behavior of the steel union, it kept them strictly to itself. While "Little Steel" was fighting Labor on a dozen bloody fronts, Big Steel piled up the biggest first-half profit in seven years-$64,000,000, quadruple the figure for the same period of 1936. With part of these profits the U. S. Steel directors paid up the last arrears on their 7% preferred stock, making dividends on the common a possibility for the first time in five years...
...against a net loss of $479,551 for the first half of 1936. In a year of booming automobile sales this reduction by itself might appear small comfort to an old and long stagnant motor-maker. But the true state of Hupp was discernible last week not in its profit & loss account but in the balance sheet and in its big plant off Detroit's East Grand Boulevard. In both of these stagnation lurked no longer...