Word: profitable
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Dates: during 1940-1949
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...performance of Bethlehem Steel was a different kind of surprise. Thanks largely to its shipbuilding operations, which pushed gross sales almost up to Big Steel's, Bethlehem totted up a profit of $32,124,592, up 25% from 1942. Inland Steel held its own for the year, with profit steady...
...have been a rosy year for U.S. business, perhaps better than 1942. And even on longer second glance, much of the rosy tint held up under a grey-colored fact. The fact: many a corporation, slashed by renegotiation, squeezed by taxes, soaring costs and OPA ceilings, has reached its profit peak or is already over the hump and on the way down. But the rosy color held up generally because, in spite of everything, most companies were still making big money even with the hump behind them...
High Plateau. The rails, whose spectacular traffic rise has helped them outfoot rising costs, were leveling-off. On their up-&-down profit line, the downs to date were slightly more numerous than the ups. Prime example on the down side: Atchison, Topeka & Santa Fe. With a whacking $65,000,000 rise in its tax bill, profits dropped...
...People talk about 'a fair profit on sales.' Well, what is a fair profit? Before the war Emerson made 5%. Now it makes just over 1%; and on its $30,000,000 more business in 1943 as against 1942 it made $200,000 net, considerably less than 1%. Is that proper? Of course it is proper." His explanation: war business involves only one sure-pay customer, the U.S. taxpayer, who in the end pays not only for the goods but for most of the plants and machinery that produce them...
...many a decision, the board has made plain that for profit computation it considers as capital only such money as is actually in use or available to a company. The board may turn a cold eye on capital in a trust fund. But Bill Jack is going ahead. He proudly announced that his associates have already offered to pledge $17,000,000, invest another $13,000,000 through weekly pay deductions...