Word: profitability
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Dates: during 1930-1939
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...dull, amateurish, or technically obsolete. Of the two biggest professional producers. Eastman Kodak Co. has manufactured since 1926 some 200 silent films on historical and scientific subjects, Electrical Research Products Inc. a scanty 40 sound films. Most Hollywood producers think that the effective market is too small for profit. Of the 300,000 schoolhouses in the land, only 10,000 have 16 mm. projectors and of these less than 700 are equipped for sound. With too few films to encourage new projectors and too few projectors to encourage new films, education by movie has never gotten off the ground...
This defeat was nothing new for Tammany. Fusion mayors were elected before, about once in a generation, and on the whole their election was all to Tammany's advantage. After the city had been run to the verge of bankruptcy where there was little profit left in running it and scandal was getting knee deep, it paid to let a Fusion mayor clean house and undertake the unpopular duty of raising taxes and cutting expenses until the city was once more a profitable institution for Tammany to run. And no Fusion mayor was ever reelected...
...half billions in new taxes ($388,500,000), and last week he slapped "on the hook" a new contract with the Bank of France. Under this the Bank's gold stocks were revalued more nearly to correspond with the depreciated value of the franc, thus effecting a "profit" of six billions earmarked by M. Bonnet as a fund for defense of the franc and Government bonds...
...certain industries like automobiles there was no doubt that the margin of profit was narrowing. Chrysler Corp., in spite of its five-week strike last spring. sold 629,706 cars and trucks in the first six months of 1937. a record; It took in $409,000,000 compared with $358,000.000 in the same period last year. Yet profits were down from $29.000.000 to $27,000,000. Even in the June quarter when Chrysler had little to charge off to strikes, the company's profit margin showed a sharp drop, from 19.8% in 1930 to 14.7% in 1937. Labor...
...largest and most elaborate belongs to the big U. S. jute twine maker, Ludlow Manufacturing Associates, whose main plant is at Ludlow, Mass. This company, which has been making jute products since the Civil War, now has assets of $25,700,000 and last year made a profit of $1,918,000. In the U. S. jute is one of the big four cordage fibres. Others: hemp, sisal, cotton...