Word: profitable
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Dates: during 1940-1949
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Macao rumor had it that he was sought by both the Chinese Central Government and the Communists as a collaborationist and profiteer. Despite the ransom note, many wondered whether the snatch at Kuan Yin Temple was for profit or politics-or both. At week's end the kidnappers upped the price to six piculs...
Typical was the biggest U.S. road, the Pennsylvania. Its net profit dropped to $49,000,000, some $15,000,000 less than in 1944 (and half of 1942's). One reason: Pennsy paid off $41,000,000 on war building improvements. But few roads went as far as little Lehigh Valley. It paid off so much that it chugged far into the red, lost $7,562,000 v. a 1944 profit...
Investors scrambled to buy Graham stock, boosted it as high as $16 a share. Last week, Joe Frazer reported to the Securities & Exchange Commission that he had sold 15,000 shares (or one-third of his holdings) of G-P stock on Jan. 16. His profit: $215,575, less 25% capital-gains...
...what caused Wall Streeters to raise their brows in the whole affair was the manner in which Andy Higgins was cashing in by going out of business. Never a big moneymaker in prewar years (Higgins Industries made a net profit of only $31,748 in 1939), Higgins Industries had grown fat on war orders for ships. The stock plan would render this fat into cash...
When allowances for sales and distribution, etc. were added, but with no allowance for profit, the manufacturing price reached $1041.26. Yet, he said, OPA set a wholesale price on the car of $728, a net loss to Ford...