Word: profitable
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Dates: during 1940-1949
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...study groups started by the University of Chicago. Then in 1947 Chancellor Robert M. Hutchins invited Businessman Lynn A. Williams Jr. to try selling culture to the public as he had sold radios and auto parts (TIME, June 16, 1947). Last week President Williams reported that his non-profit Great Books Foundation had signed up 50,000 customers in 300 cities...
...with 705 radio and cathode-ray tubes, but it worked. Gilfillan got a contract to make 112; the Navy ordered another 80 units from a competitor. Gilfillan says he hustled out his 100th unit while his competitor was on his fifth. Yet he charged the Government only a 1.1% profit (virtually a West Coast record in self-denial) and turned back $1,000,000 he had saved it in costs. Now that his wartime competitors have dropped out, Gilfillan finally has the G.C.A. field to itself...
...document guaranteed to jolt even jaded upperclassmen is old stuff to every Radcliffe girl. It's a small, red, non-profit booklet issued once a year to every Annex student, and the title page keynotes the book. From top to bottom, it reads: "The Red Book, Student's Handbook of Radcliffe College," and "Each student is held responsible for all information contained herein...
...Broadway. Last week's musicals lifted the total to three; 13. more are scheduled before the end of December. The angels willing to finance these song & dance entertainments appear to ignore the fact that only three of last season's dozen musicals turned any kind of profit...
Despite booming meat sales, the packers' profits have been less than those of other food processors. After paying its first common dividend in ten years in the first quarter of the year, Armour decided not to pay a dividend this summer. Said Armour's Board Chairman George A. Eastwood: "Our earnings on meat last year were at the rate of about one-fifth of a cent a pound. Obviously a profit of one-fifth cent cannot be responsible for the increase which has taken place in meat prices since before the war." Nevertheless, the suit helped drive packing...