Word: profitable
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Dates: during 1940-1949
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Saskatchewan's CCF bookkeeping has been questioned before. But according to the official figures, in the first half of the current fiscal year (from April 1 to Sept. 30, 1946), the province's socialized businesses made a capitalistic net profit (after deduction of depreciation reserves) of $329,500. The figure did not include an estimated $750,000 net surplus made last year on government automobile-accident insurance policies. The socialist government seemed to be well in the black...
...industry had its best year in over a decade. As first reports came in, Wall Streeters guessed that the industry would net 25% more in 1946 than in 1945-and 1947 earnings are expected to be another 15% better. Outstanding example: the Atlantic Refining Co. reported a net profit of $9,634,000 for 1946 ($3.26 a share) compared to only $1,507,148 in 1945 (34? a share). Returns from the motor industry were not yet in. But most of the big automakers, Wall Street guessed, were at last making tidy profits...
...with the seller's market turning into a buyer's market, manufacturers were afraid to boost prices higher. But even some of the laggards were suddenly doing well. Western Union, which had cried recently that it could not help but go into receivership, turned in a profit of $500,000 in the last quarter...
...maximum, of $52 million last fall to finance building of veterans' houses (TIME, Nov. 11, et seq.). Then, RFC had turned Lustron down flat on the grounds that Lustron was putting up too little of its own capital ($36,000), stood to make a 14,000% profit. Lustron also tried and failed to get the Government-owned Chrysler-Dodge plant in Chicago...
...suggest that students who want to sell books ask about 60 percent of the price they paid for them," Lofchie stated, "and, since there is no profit for us to deduct, we sell them for that price, which often turns out to be almost a third loss than the same book would cost at one of the local stores. In that way, both buyer and seller get an unusually good deal...