Word: profitable
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Dates: during 1940-1949
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...Energy Profit. Fission was revolutionary, sensational-not only because the heaviest of all elements had been cracked wide open, but because of the tremendous energy profit. Up to then, scientists had always had to put more energy into their projectiles than was released in the breakup. Now, an explosion of about 200,000,000 electron-volts was touched off by idling neutrons of less than one electron-volt. Matter equal to about one-fifth of a neutron's mass was converted into energy according to the Einstein formula...
...company got a new president, stocky, pink-jowled Edwin Dagobert Bransome. No engineer, Bransome pulled the company out of a financial hole. It promptly earned a profit of $152,000, Vanadium's first in six years. By 1944 Bransome was able to report to his stock holders that Vanadium had cleared $459,00 on gross sales of $16 million...
Steel. The steel companies, after months of public worry about their dreary prospects, did remarkably well. Bethlehem Steel Corp. sales were down to $399 million v. $471 a year ago. But taxes were down $4 million; $3 million less was charged to depreciation and depletion. Thus net profit was $8 million, a gain of $1.3 million over 1944's second quarter...
...said he has discovered that the Army permitted corporations to make "exorbitant profits" out of Government contracts (he cited as examples Manufacturers Jack & Heintz of Cleveland who, in one year, showed earnings of 1.740% on capital stock; High Standards Manufacturing Co., which, "with a capital and surplus of $65,660 showed a net profit after taxes and after depreciation in 1942 of $1,888,918," plus $1,500,000 for a "management...
...Dark-haired ex-boxer James Vincent Portell, 32, was in business as the Colony Beauty Shoppe, on Washington's Georgia Avenue N.W. His profit was running $100 weekly; he and his wife planned to pay off both a $2,000 G.I. loan and a $1,000 bank loan this year. Beautician Portell, who taught Army rookies how to square off, learned his trade before...