Word: profitable
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Dates: during 1940-1949
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...Government acted to force the pepper dealers to release their stocks. The dealers balked: the OPA ceiling price is 6½ a Ib., which they claimed would by no means repay them for the high costs of their foresight-insurance, interest, storage charges in warehouses. To make a small profit they need a ceiling price of at least 10? a Ib. (In London the ceiling price is about...
Lasker and Luckman. For 25 years, the mastermind of this profitable anonymity has been Chicago's famed advertising millionaire, Albert Lasker, the man who retired the industry's haughtiest name, Lord & Thomas, when he himself retired from the advertising business last year (TIME, Jan. 4, 1943). In 1919 Pepsodent was a peewee four-year-old formula (gross sales: around $2,000 a week), manufactured by a Scottish Chicagoan, the late Douglas Smith. Lasker agreed to risk $300,000 to advertise the new product, asked only a minority interest in the company in return. Before long, thanks to Lord...
Practically all of the research is done by contract, with about 205 industrial organizations and 124 academic institutions throughout the country participating. About 1100 such contracts are now in force, on "no profit-no loss" basis, under the assumption that a firm should make money from production, not from research preceding production...
...decision still went to OPA Boss Chester W. Bowles. His OPA had fought the vitamin barons last November, threatening them with an order that would cut retail vitamin prices 15%. Producers argued that there was no inflationary element in their prices; OPA's order was illegal; it was profit control rather than price control. OPA never formally issued the order, but the industry nevertheless sought a court injunction against the possibility. When the injunction was denied, the industry filed an appeal. The problem was still in the courts when the voluntary price reductions began last week. No one could...
...permission to withdraw 35,000,000 gal. of good U.S. grain alcohol at 90? a gal. and to turn it into good U.S. prewar-style potables. This was supposed 1) to add at least 10% to the nation's liquor supplies, 2) to give the Government a smart profit and, 3) to increase the U.S. alcohol supply without drawing on scarce U.S. grain. Besides, as one enthusiastic liquorman put it, it might "head off hoarding, strike at the heart of the black market, curb . . . gorillas and gangsters on the fringes of the industry...