Word: profitability
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Dates: during 1950-1959
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...Kohler fixtures. Under union pressure, governing bodies in Boston, Los Angeles County and a scattering of small towns have passed resolutions against installing Kohler products in municipal building projects. U.A.WT. insists that all this is hurting Kohler badly. The family-owned Kohler Co. claims to be operating at a profit, but refuses to give out any figures...
...which often add $1,000 to the cost of a car. As customers have learned to bargain harder, the percentage off the delivered price has risen; the average discount on new 1958 cars is 15%, and many dealers give better than 20% to sew up a sale. The unit profit is slim, but they make just as much money selling 25 cars at 5% profit as five cars at 25% profit. Moreover, the owners of those 25 cars come back for service...
Twelve months ago, a modern, 10,000-ton collier bound for Europe could be counted on to earn $3,570 profit each day at sea. Last week the same coal-laden vessel on the same run was losing up to $280 a day. After steaming along the crest of postwar prosperity, shipping is down in the trough of a deepening recession...
...ships-and more. But to stay afloat until then, Greek tramp-ship owners in New York and London last week were anxiously searching for a plan to cut costs and increase revenues. One idea is to set up a series of unbreakable dry-cargo rates to ensure an operating profit on each voyage. Failing in that, the Greeks may be forced to reduce their surplus tramp tonnage by laying up still another 20% of the fleet, assessing each owner with a vessel still in service a fixed fee to help maintain the idle ships...
...rich, not from his plays and histories but because he was a shrewd investor who "would rise from a sick-bed and travel across France, if he saw a good profit to be made." Château Cirey in Champagne was tumbledown; to restore it, Voltaire put his credit at the disposal of Emilie's husband-who, in turn, put his wife and Château at the disposal of Voltaire. History does not show a more foursquare example of the eternal triangle...