Word: profitable
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Dates: during 1940-1949
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...their products as they received in a favorable period 30 years ago. Now they wanted a 12% bonus above this; and wanted 90% parity prices guaranteed them by Government loans. If there were a loss, the Government, meaning the U.S. people, would take it; if there were a profit, the top-drawer farmers would absorb...
...ready. Just as in 1000 A.D., when out of the waste and decline of two empires, the Roman and Carlovingian, the magnificence of Chivalry arose, a new kind of men may appear in his beloved France and throughout Europe. Bernanos puts his faith in the insurgence of these men. Profit and money have already become ridiculous to them; as for Freedom, "We are seeing liberty gradually disassociated from juridical definitions and becoming human again." In one of the exalted passages of his book he speaks to the anti-Fascist martyrs of Europe and affirms that the Christian Church is their...
Condè Nast publications made a net profit of $1,345,653 in 1929; last year their net was $225,688.62. A deficit showed up in the first six months of this year-$28,588 as compared with a profit of $137,389 for the same period a year ago. Chief reason: a slump in luxury advertising-15% and 20% for Vogue and House & Garden respectively. House & Garden is still in the red; so is Glamour. French Vogue had to be written off the books...
Until the tax laws are changed there is little reason for a company to buy its own bonds below par. Reason: the Government siphons off most of the paper profits in hard cash taxes. But a quirk in the law leaves profits on preferred stock retirement untouched (unless the company buys to resell at higher prices). Thus A.G.W.I. earmarked $414,000 for Federal income taxes in the first half, but will not pay one penny on its $925,000 paper profit in buying back its own preferred stock...
...Profit. Only nice thing about the whole situation is that the trolley and busmen are making money-and making it fast. Despite higher taxes and wages, Philadelphia Transportation earned $1,133,000 in the year ended June 30 v. $713,000 last year; New York City Omnibus cleared $738,000 in the first six months against $630,000 a year ago. And the Midwest's Twin City Rapid Transit Co. is making money so fast (six months' profit: $373,000 v. $126,000) that its preferred stock last week soared 24 points to 73, more than three times...