Word: profitability
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...offset by higher-priced labor and materials if they postponed construction. Said Arthur Longini, chief economist for the Chicago & Eastern Illinois Railroad: "We're going right ahead borrowing for capital improvement. We feel that this economy has a built-in inflation. There's too much opportunity for profit right now; the cost of waiting is prohibitive...
Chibougamau* was a long time coming into its own. For more than half a century. Canadian mining men knew of its copper-ore outcroppings, but because of lack of transportation saw no way to mine them at a profit. As late as 1950, when a road finally reached Chibougamau, the town consisted of little more than a rundown general store and a couple of bootleggers who sold illicit liquor to passing trappers. Then, with little fanfare, Campbell Chibougamau Mines Ltd. in 1952 sewed up a U.S. Government contract for its output, the next year started to sink a shaft. Last...
...Methodist, Baptist and Presbyterian churches, he also founded the nation's processed fruit juice industry. This week his Welch Grape Juice Co. will again make industrial history. The company (1955 net: $37 million) will be turned over to the National Grape Cooperative Association under a unique profit-sharing plan in which the company has virtually financed its own sale (for $28 million) to the 4,265 farmers who supply it with grapes...
...juice as a Christian endeavor, demand from churches and teetotalers soon forced the company into bigger quarters at Westfield, N.Y., the self-anointed "grape-juice capital of the world." Founder Welch's son, square-jawed "Dr. Charles," ran the company "as much as a temperance agency as a profit-making concern," capitalized on anti-liquor sentiment with the slogan: "Get the Welch habit-it's one that won't get you." One of his most successful ads showed a ripe-lipped lass raising a bumper glass of grape juice with the invitation: "The lips that touch Welch...
AMERICAN MOTORS, strongest Detroit independent, suffered a $7,000,000 second-quarter loss despite a nonrecurring $3,500,000 profit from sale of investments. President George Romney ascribed the loss (compared to a $1,500,000 profit for the same period a year ago) to lower car sales and heavy cost of restyling the Rambler a year earlier than originally planned...