Word: profitability
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Dates: during 1950-1959
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...veritable sluice gate of correspondence . . . Many of those who wrote appear to think that I was denouncing television . . . This would put me in the unhappy position of the man who was allergic to his own liver . . . There are many programs on television today from which any man can draw profit and delight . . . My plea was for selective viewing and for that sort of balanced intellectual diet that would not forget the essential proteins and vitamins that can be found on the printed page and nowhere else...
...result of a damaging frost in the southern potato fields, hit a peak of $5.15 per 100 lbs. CEA suspects that speculators then sold short heavily in Maine futures, counting on a sharp price drop later on, which would enable them to deliver their contracts at a heavy profit. Furthermore, the traders had counted on delivering minimum-size 2-in. potatoes in the standard 100-1b. bags used by the exchange. But this year Maine's farmers got the Agriculture Department to allow only 2¼-in. potatoes in 100-lb. bags, thus setting a higher standard, which...
...that reason, authorities suspect that Manhattan's potato traders had frantically flooded the exchange with sell orders, hoping to scare prices down to the point where they could buy at a low enough figure to meet their original contract commitments at a profit. But the city slickers' trick did not work; Maine's farmers had aIready sent the bulk of their crop to market...
...progress, said Bob Young, it "borders upon miracle." In the face of a revenue drop of $34 million in the past ten months, the Central cut costs by $68 million, and turned in a $27.6 million profit, v. only $4.6 million in the preceding ten months...
...board of the family firm, finally quit in 1951, convinced that W. & J. Sloane (which operates nine stores, from Beverly Hills, Calif, to Manhattan) was "throwing money away." Said Coates: "There's something wrong with a company that had sales [in 1954] of $23 million, a gross profit of $8,000,000, and netted only $205,000." (Sloane's stock has slumped from $54 a share in 1946 to $6 a share in January 1955.) Coates and a syndicate bought up 70% of the stock to win control...