Search Details

Word: profitable (lookup in dictionary) (lookup stats)
Dates: during 1940-1949
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Usage:

Presto! Back in London, the resident agent shelled out ?160 in exchange for the French francs, at the conservative black rate of 700 French francs per pound (the official rate is 480 to i). On an initial investment of ?75, the satisfied customer wound up with an ?85 profit...

Author: /time Magazine | Title: EUROPE: Black Magic | 6/3/1946 | See Source »

Like every other commodity in Europe, money is bought & sold on the black market. Through a series of "black" transactions, a man with flexible scruples can pile up a handsome profit. Required for the trick are 1) the false bottoms of inflation and 2) a well-organized international set of stooges. Last week, TIME's London bureau found a traveler who had just returned from a cheap weekend tour of the continent...

Author: /time Magazine | Title: EUROPE: Black Magic | 6/3/1946 | See Source »

...Chicago, used them to learn the business. In 1937 he took the plunge, paid $500,000 for a lease on Chicago's bankrupt Drake. He liked the water fine. In rapid succession he bought Chicago's Blackstone, Los Angeles' Town House (later sold for $100,000 profit), Manhattan's Gotham...

Author: /time Magazine | Title: HOTELS: Better than Bonds | 6/3/1946 | See Source »

...company's first novel, September Remember, had a good sale (14,000 copies). But, contrasted with Prentice-Hall's 1945 total net profit of $556,761, this was peanuts. Then Pres. Ettinger met Ros Marshall in Hollywood, liked her, quickly signed her up to write three books for Prentice-Hall. Since then he has signed up other authors, plans to put out ten more novels this year. Said President Ettinger, dazzled by the dollar-decked Duchess: "It will have a $1,000,000 sale before the year is up. And there'll be more like...

Author: /time Magazine | Title: PUBLISHING: The Professors Step Out | 5/20/1946 | See Source »

...which bring in the most money, but involve the most risk. A cold wave during the six-week period, when tomato plants must be shipped, can ruin an entire crop. Three successive bad seasons in the early '203 almost bankrupted Fulwood. But one good season gave him enough profit to take his whole family to Europe for the summer. This year the Fulwoods are assured of their biggest season ever, expect to make their crop. For the uncertainty of his high-risk business, Fulwood has a nerve sedative. Said he, "I just go fishing...

Author: /time Magazine | Title: AGRICULTURE: King Tomato | 5/20/1946 | See Source »

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