Word: profitable
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Dates: during 1940-1949
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...most of the difference representing Coster's fictitious "crude drug" inventories. After subtracting $15,725,000 of debentures and some $17,400,000 in creditors' claims, preference and common stockholders are left with around $43,800,000 equity. Last year's indicated net profit...
Since railroad overhead costs are both large and inflexible, an abrupt rise in car-loadings means an even sharper rise in railroad profits. Once the break-even point is passed, "leverage" carries much of the increase in gross directly to net. Thus February carloadings of all Class 1 roads were 23% over 1940, but net operating income (profit before interest and taxes) rose 75%. Two other bullish points are labor and taxes. Shielded by intricate Federal machinery, the railroads have not had a big strike since 1922. By taking the 8%-on-capital option of the excess-profits tax, most...
Last week it looked as though Adam and NBC would profit no more from fighting. Shouldering into their sporting alley came MBS and Gillette Safety Razor Co., brandishing a contract with Promoter Mike Jacobs, by which all his Twentieth Century Sporting Club bouts would be theirs for the airing. Stunned were Adam and NBC, whose contract with Jacobs ends in June. Since Jacobs looms in boxing like a Mellon in aluminum, they would probably waste their time broadcasting any matches outside his jurisdiction. But NBC was not willing to be counted out, claimed at week's end it still...
After the longest trial in Pennsylvania history (60 days of testimony), the jury last week awarded Marcus $315,100.91, double the amount of the Government losses which it found that he had proved. Unless a higher court reverses the decision, Mr. Marcus and his unenthusiastic Government will profit by $157,550.45 each...
...plantation-A Social-Economic Analysis of a Mississippi Delta Plantation-and young Jonathan Daniels had dashed over to Trail Lake when he was discovering the South. Despite individual abuses, Planter Percy believes that "sharecropping is one of the best systems ever devised to give security and a chance for profit to the simple and the unskilled." So he was surprised when the President attacked "the infamous sharecropper system." He was more surprised when he asked a Washington friend where this kind of farming prevailed. The answer: "On Trail Lake...