Word: profitability
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Dates: during 1950-1959
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...know already, at the name of the man responsible for building the mill (jointly with Minneapolis' Pillsbury Co.). He is Eugenio Mendoza Goiticoa, 52, a ranking example of the new, still small and largely unsung breed of Latin American industrialists who believe not only in good profit, but in productive private industry, well-treated, self-respecting labor, and-even more notable-in philanthropy...
...Profit on Property. Chances are only fifty-fifty, Stevens admits, that Property will get the code's approval. It is the story of two switchblade hoodlums and their step-by-step seduction of a sex-starved housewife. Murder (at the bottom of the Stevens swimming pool), sadism, and an uncommonly forgiving husband are all crammed into the script...
Stevens confidently expects to turn a profit on Property. "There's been a firm connection between writing and money in my head," says he, "ever since I was ten and my father* paid me a penny a line for learning Shakespeare...
...Profit & Pride. More and more white builders, sensing the demand for decent, moderate-priced Negro housing, have taken the plunge into the suburban market. It has its special hazards; in some areas, white building inspectors and utility companies drag their feet when Negro tracts open. Negro mortgage money is often a stiff 1% or 2% more than for whites (it is easier to get loans for prospering Negroes in the Deep South than it is in Northern states). But mortgage companies are beginning to realize that steadily employed Negroes are a good risk. Chicago's Park Terrace even...
...TIME, Sept. 14), the interest spread rose to 1½%. Moreover, for several weeks the old discount rate was actually below the going market rate on U.S. Treasury bills, creating an opportunity for banks to borrow from the Fed and make a neat and riskless profit by investing in Government securities...