Word: profitable
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Dates: during 1940-1949
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...have heard morons say that our export is only 10% of our total output of goods and that consequently there is no need to get hot and bothered about that 10%. It is just like saying that the net profit of a firm is only 6% of the gross business done and that there is no use to worry about that. Year in and year out we manage to show a favorable trade balance with the countries with which we do business. That 10% just about represents what...
...time that the dissolution would not really block monopolistic practices. That suspicion has kept trustbusters sniffing at the tobacco companies ever since. Meanwhile the ex-members of the trust, competing boisterously on every front (notably advertising) save price, have multiplied the old trust's market and profit possibilities many times...
...Stouffer's had solved the mystery of how to make money in the risky, $1,666,000,000-a-year U. S. restaurant business. Whereas a third of the 153,000 U. S. restaurants make no profit at all, the Stouffer chain (in Detroit, Cleveland, Pittsburgh, Philadelphia) netted $83,000 on yearly sales of $2,037,000. By end of 1936 Father Stouffer was dead, the boys were running the show. They invaded Manhattan; their technique worked like a charm. Last week Vernon, president & treasurer, 37, and Gordon, personnel head, 34, rolled out an income statement to turn...
...they do it is less a mystery than a knack. Typical of Stouffer's is its five-story restaurant on Manhattan's Fifth Avenue - dignified grey colonial brick front, tasteful Williamsburg interior decorations. Average lunch check is 60?, dinner 91?. Profit works out to 4.2? a meal. Food (all portions carefully measured) not only is good but looks good. The chain also goes in for comely waitresses - referred to only as "Stouffer girls." Stouffer's prefers them not too beautiful, with a touch of Bryn Mawr. Some of them have made as much as $75 a week...
...keep the profit motive working around his Philadelphia plant, Philco's former president, James Mortimer Skinner, always insisted that the company buy back its stock when holders retired or died, then redistribute it as a bonus to younger men. For this purpose Philco paid life-insurance premiums on its big stockholders amounting to upwards of $100,000 a year. This was a steady drain on company cash. Meantime stockholders, however loyal, sometimes wanted cash, a market. Last week 26 of the largest put up 175,000 shares (20% of their holdings), Philco put up 150,000, the public...