Word: profitable
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Dates: during 1940-1949
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Cropper for Frazer. The jeep helped tug Willys into the profit column in '41 for the first time in four years. With 70% of its dollar volume in jeeps in '42, Willys totted up $1,265,399 in net profits, boosted its net to $1,347,949 for the fiscal six months ending last March...
...squeeze too many people out of business. But when selling prices are rigid, while costs rise, businessmen are squeezed hard. Then, argue the subsidizers, the only way to prevent price inflation, without interfering with production, is for the Government to pay the difference between cost (plus a reasonable profit) and selling price...
...Down Profits. WPB's piano ban was mainly laid down to force the highly skilled piano craftsmen into war work. The shift has been unprofitable, from the management view. Payrolls have risen sharply, but earnings are down. Recently Rudolph Wurlitzer Co., biggest U.S. maker of pianos, reported a net profit of $1.63 per share for the last fiscal year, way under the $2.48 of 1941. Only cheer for manufacturers: the thousands of new piano players should make for the greatest market in their history...
...allow unemployment or threat of unemployment to panic him into raising old tariffs or adding new ones. He should not insist on exhausting the last high-cost mine before letting in a ton of foreign ore. Often he may find ways in which tariffs can be lowered for the profit of the very groups they are supposed to protect. But most of all he must be conscious of his consumer interest in low prices and variety of choice and must seek advocates -perhaps the storekeepers-to argue his political case...
...some cases that still await a critical examination. Some bankers have presumably become wiser for their bitter experiences, but they lack the opportunity to prove their wisdom and to attract new, able personnel. The public can well afford to insist that in the world economy bankers and the profit motive be given a chance to perform as they performed in the most thriving period of the world's history...