Word: profitable
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Dates: during 1940-1949
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...fantastic, atomic era, miraculous pen" of Reynolds International Pen Co. last week wrote some fantastic financial news. In the first six months of the company's existence, up to Jan. 31, 1946, Founder Milton Reynolds ran a $26,000 investment into a profit of $1,558,608, after taxes, on sales of $5,674,329. But the ball-point pen, which Reynolds bragged would write for two years without refilling -and would also write under water-had squiggled some blots on this shiny record. Sample blot: of the 100,000 Reynolds pens sold by Manhattan's Gimbel Brothers...
...created, Congressional sibyls prophesied that the Government would lose at least $1 billion. Last week HOLC's spry old board chairman, John Henry Fahey, produced figures to show how wrong they had been. When HOLC is finally liquidated in 1948, he said it will show a net profit of some...
...deeds with truth; and we shall look for the humanity in man. We will laugh, and let him protest whom the jester's sock pinches. We shall ask questions and they shall be blunt. Come with us, Veritas; we want your company, and we hope that you may profit from ours. We will have an answer ready when you ask, "Quo vadimus...
Paradoxically, the Douglas profit picture looked dim because the future of aviation was so bright. Aviation is making such tremendous strides that new planes often become obsolete before they get into mass production. Thus the tremendous costs of experimentation and development of new models can no longer be charged off over a long period of production and sales. Starting this year, Douglas will charge all such expenses off as current costs...
Only ten years out of Dartmouth but carefully trained in the business, young Spiegel proved himself a hardworking, fertile-brained therapist. He trimmed the catalogue mailing list, concentrated on selling fewer people more items with big profit margins. Most important, he put sales on a send-no-money basis. Result: Spiegel's started turning profits...