Word: profitability
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Dates: during 1930-1939
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...Boston schools. It was not long before Neville had Miss Bainton lending her name to The Bainton Associates, Inc., which purported to be an investment trust paying 25% returns monthly. Hypnotic, honest-looking Neville convinced his clients that as a Wall Street wizard he could make this profit possible by trading their money in stocks. Mr. Neville further convinced everyone of his good faith by marrying Miss Bainton's niece...
...England's horse race, the doings of Sweepstakes winners were recorded by the press with diligence and gusto, as were the doings of British Sidney Freeman of the London bookmakers firm of Douglas Stuart, Ltd. ("Duggie"), who visits the U. S. three times a year, achieves a neat profit for his firm by buying an interest in potentially valuable sweepstakes tickets before the race...
...rubber company standing to profit most by bigger quotas is U. S. Rubber Co., which gets one quarter of its annual needs from its own plantations. Since its acres are in Sumatra (Dutch) and Malaya (British), U. S. Rubber has to submit with good grace to all of the I. R. R. C.'s schemes. No. 1 manufacturer in the industry-Goodyear-gets only 10% of its supply from Goodyear-owned plantations. Firestone's Liberian acres furnish only 5% of the company's requirements and Goodrich owns no plantations...
...Rubber's stockholders early this month President Francis Breese Davis Jr. reported that their 76,563 acres of cultivated Sumatran and Malayan rubber trees last year yielded 42,185,000 Ib. of caoutchouc, earned $1,943,790 profit, twice the 1935 figure. More interesting to preferred stockholders, who have had no dividends for nine years* was the parent company's report. Net income for 1936 was $10,172,000, compared with 36,532,000 the year before. But the stockholders can hope for no dividends until U. S. Rubber Co.'s accumulated deficit is wiped out. Even...
Wisecrackly tale, told in a peculiar adaptation of the football chalktalk, presenting an Ohio manufacturing family as the profit-and-lost generation...