Word: profitable
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Dates: during 1940-1949
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Puff, Puff. The big surprise was the railroads which, thanks to rate increases, were by & large chuffing along from slim profits into fat ones. For example, Baltimore & Ohio, with a half-year net of about $9,000,000, was up 73%. The Denver, Rio Grande & Western, with a net of $3,583,395, was up 260%. A major exception was Robert R. Young's Chesapeake & Ohio (see below), whose profits were nipped a third by the mine stoppage. Even the small, potato-hauling Bangor & Aroostook, which had not made money in any June since 1935, showed a profit...
Hunky. Over a magnum of champagne, M-G-Magnate Louis B. Mayer signed up Dore Schary, thus became Hollywood's first to profit from Howard Hughes's shake-up at RKO (TIME, July 19). As executive producer and Mayer's No. 1 man, Schary will direct production of all M-G-M pictures, draw a salary of about $5,000 a week. Punned an M-G-Mster: "Now everything will be hunky Dore...
...doing so, he has made a name for him self as a flyer, author and textileman -pursuing his careers for fun as much as for profit...
Nowadays, their 175-man construction gang does the entire job, from foundations to shell, but installations (plumbing, lighting, etc.) are farmed out to subcontractors. Since the Liberty partnership began operation, it has sold $6,500,000 worth of houses-at an average price of $14,000, an average profit of about 10%-and borrowed more than $5,000,000 to keep on building. Such narrow margins permit no dillydallying: before last week's 105-house sale, Liberty had already begun to lay the foundations for 47 houses in an adjoining area; they would be ready in about four months...
...making it as a silent picture; before he had finished the "talkies" arrived. Hughes got a new heroine (the first one had a Swedish accent), reshot the talking sequences, poured in another million. The new heroine was Jean Harlow, prototypal "platinum blonde." Angels has made a profit of $4,000,000 so far, and is still showing in outlying theaters...