Word: profitable
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Dates: during 1940-1949
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...have been enough for the future peace of our consciences that we only formed a safely protected cheering section? And one not quite loud enough to drown out the boos of our Communazis. Will it have been enough that we supplied England with war materials-at a nice profit and at no risk? Will it have been enough that we armed ourselves to the teeth but would not join our fighting might to the mighty fighters of Britain...
...failed to match the record of its rival. Over 19,000,000 paying customers clicked through the shiny turnstiles this year, one-quarter less than in 1939, less than half original astronomic hopes. Fair Chairman Harvey Dow Gibson estimated that his 1940 gross was $10,450,000, his operating profit $5,020,000. When the final figures have been added, bondholders (who put $26,862,800 in Flushing Flats) will get back in aggregate, including past interest payments, about $11.225,000, or 38% of their investment...
...groups, biggest profit-gainers were the steelmakers. No. 1 feast or famine industry, steelmen are now gorged, at practical capacity. No. 3 producer, bald, tough Tom Girdler's Republic cleared a record $6,184,000 in the third quarter, up from $2,815,000 in the same quarter of 1939. With preferred dividends being earned 32 times over, his conservative directors last week paid all back dividends, planned to buy the shares for cancellation, thus clearing the way for common dividends. Like many a defense industry's preferred stocks, the price of Republic's has tripled since...
...France. Reason: her vote was needed on a plan to erase $40.75 back dividends on the 7% preferred by issuing 1.4 shares of new $5 preferred for one old 7%. It went through. Last fortnight directors declared their first dividend since 1938: $1.25 on the new preferred. Third-quarter profits were $1,989,000, over 70% of total 1939 profit...
...Telegraph securities. He kept his own legal fees at rock bottom, watched those of his underwriters. To cut printing bills, he ordered only 47,500 copies of the 70-page prospectus, an almost skimpy number for selling 108,000 $1,000 bonds. It is rumored he even asked staid, profit-conscious American Bank Note Co. to run off his bonds at cut prices...