Word: profitable
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Dates: during 1940-1949
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Industry argued that it had to make a profit when it could; fat years make up for the lean. But Secretary of Commerce W. Averell Harriman and his advisers pointed out the situation in which industry now found itself. They earnestly suggested that industry cut prices before it was too late. Too late would be that moment when buyers had been priced out of the market and prices broke and collapsed. It was a question of easing the pressure now or spinning head on into another depression...
...steelworkers' union, withdraw his wage demands if Fairless announced a price cut? Murray, afraid of weakening his bargaining position, would not commit himself. He has simply made it clear that he thinks Steel can raise wages, an argument given substance by U.S. Steel's 1946 net profit: $88.7 million. Murray and Fairless were like two men, who, distrusting each other, frantically held onto the same gun. Neither dared to be the first...
...sales. Harvester is not worried about a drop in sales-yet. But, said McCormick: "We decided to give the benefit [of high earnings] to customers rather than stockholders or employees because the time is here to recognize customers as an integral part of a business. Our present wage-price-profit mechanism is out of date. All industry finds itself in the same situation. . . . We have done something for our stockholders . . . and we have done plenty for our employees. Now we must try to be equitable in our treatment of the third group-our customers...
...amount of money on this picture (reported to be $6 million, plus $2 million for promotion). By giving moviegoers a sort of super-sumptuous scrapbook of all the titillating, sure-fire elements that experience has convinced him they want, he figured to earn his millions back-plus a sizable profit. Box-office returns in Los Angeles, where Duel has been showing simultaneously in two theaters for the last couple of months (and is reportedly outgrossing Gone With the Wind by some 34%) indicate that Mr. Selznick may well be Hollywood's smartest businessman...
...picture adds nothing to his reputation as a producer of quality entertainment, it will be because Mr. Selznick's profit motive is showing. All costly films, to be sure, are manufactured for profit, but the successful works generally keep pointing winningly to their warm hearts and remain sentimental about their subjects (The Razor's Edge) or their characters (The Yearling) or their audiences (It's a Wonderful Life). With no pretense at all to having a heart, big, beautiful, humorless Duel remains shrewdly cynical about both itself and its sensation-hungry public...