Word: profitable
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Dates: during 1940-1949
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...without the doodads of passenger craft, thus capable of carrying a bigger payload on the same horsepower. Airline men gasped when he first said that 345 8-ton airplanes could carry all the express now handled by the railroads, gulped when he figured out for them that a fat profit could be made at rates 1½% times rail rates. Urged by Loening was a corporation capitalized at $2,000,000 to $5,000,000 (and 51% owned by the lines), to start out with 50 ships at $100,000 each (financed by equipment loans), a collection system that included...
...last week by the same Federal grand jury of another anti-trust law violation. With its fellow defendants, the Government claimed, B. & L. had conspired successfully for the last ten years to keep the cost of eyeglass frames and lenses unnecessarily high. Government example: spectacles which would bring a profit at $7.50 are sold at a fixed price...
...neutrons (electrically neutral subatomic particles), yielding some 200,000,000 electron-volts of energy per cracked atom (TIME, Feb. 6, 1939). These uranium explosions or "fissions" were most effectively touched off by slow moving neutrons of only one-thirtieth of one electron-volt energy, so that the energy profit was 6,000,000,000 to 1. Prospect of using atomic power-the old dream of sending a ship around the world on the energy in a pint of atoms-seemed much closer than before. Question: how close...
Hopson, according to the indictment, then made a series of lateral passes with A. G. & E. Co. debentures, taking a profit from practically every pass. One method was simply to sell the debentures back to an A. G. & E. Co. affiliate at 100, which meant a $40 profit on every $1,000. Another arose from the fact that the debentures carried warrants to purchase A. G. & E. Co. stock. While the debentures were in ASECO's (or PUI's) hands, these warrants would be detached and exercised below the then market price. By such sleight of hand, Hopson...
...seizure of their properties in exchange for $9,000,000 cash (payable over three years) plus 20,000,000 to 30,000,000 barrels of oil to be supplied by the Mexican Government over a six-year period at a price reputed to net Sinclair a $7,000,000 profit. Jesus Silva Herzog went on to claim that he had sold or was in course of selling $54,000,000 worth of petroleum "for cash" to various U. S. firms. He said Manhattan's Petroleum Heat & Power Co. was "negotiating" for $12,000,000 worth of fuel oil. This...