Word: profitable
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Dates: during 1940-1949
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...great surprise, steel, the basic industry that supported this tremendous production, turned in some boxcar profit figures. U.S. Steel Corp., which shipped more steel (4,902,742 tons) in the last quarter of 1946 than in any peacetime year, ended up with a whopping net of $88,683,530 for the year, more than 50% better than in 1945. In the last quarter alone, net profit was $31,215,636 v. $13,267,300 in the same period of 1945. Strikes hurt Big Steel less than expected because it charged off the cost-some $29,000,000-against reserves piled...
Most of the other big steel companies also did well, with profit boosts ranging as high as 68% over last year. Poorest performer on the books was Bethlehem. Its net profit for the year was only 19% better than in 1945. But it was still Bethhem's best showing in six years...
...Johnny Torrio, a First Ward vice and bootleg racketeer, running a saloon and brothel (at $75 a week) on South Wabash Avenue. He did his work well. Soon he became Torrio's field general and drill sergeant, and was cut in on a $100,000-a-year profit. Chicago began to hear the newcomer's name. It was Al Capone...
...mother instinct. In 1939 she had enough of both left over, after amply providing for her own three children, to adopt the undernourished little New York Post (1938 loss: about $1,000,000). In five years she had fed it (mainly with columnists) into a fat, sassy brat (1944 profit: $300,000). "And now," she announced last week, "I have another sick baby...
...Brooklyn's 1,000-watt, daytime station WLIB, which she had picked up "to supplement the Post," and had ignored until last year, when the station lost over $100,000. Last week she dropped everything and rushed to her baby's side; until WLIB was showing a profit, she would be general manager, full time...