Word: profitable
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Dates: during 1940-1949
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...Williams had previously cased Tetiaroa and found it covered with thousands of coconut palms, from which he could realize a tidy profit in copra . . . and in a short time he had the island producing . . . But he quickly found that rats on Tetiaroa were determined to thwart this commercial enterprise . . . He advertised in Papeete for cats . . . and soon streams of Tahitian lads were trotting to his office and home with yowling cats in bags, crates and nets...
...gross profits of the slots, calculated at $600 per machine a year, brought in an annual profit of $3,000,000. But in 1934. Mayor Fiorello La Guardia ordered the machines seized, personally banged up dozens of them with a sledge hammer while photographers recorded his prowess. He also called fellow Italian and longtime admirer Frank Costello a bum, a tinhorn gambler, and a punk. That was the end of Tru-Mint and of Costello's regard for the Little Flower...
T.W.A., which has sputtered into one deficit after another since 1946, last week gave its stockholders a pleasant surprise. President Ralph S. Damon reported a profit of $3,931,910 before taxes for the first nine months of 1949, partly owing to the success of T.W.A.'s low-fare coach flights from New York to Chicago, and Kansas City to Los Angeles. With an average load of 80.5% of capacity, the coaches made up much of the revenue lost last winter when short-haul DC-35 sometimes carried only two or three passengers a trip. Explained Damon...
...eager speculators grabbing for Olin's stock. But Olin's 56-year-old President John M. Olin, and Vice President Spencer T. Olin, 48, his brother, have prudently kept most of the 2,000,000 shares of unlisted common stock to themselves, their gross and profit a secret...
Vaudeville & Rodeo. Setting the touring pace is Bob Hope, whose travels combine good will with handsome personal profit. In the last year, carrying along a band and a bill of vaudeville acts, Comedian Hope has covered 50,000 air miles, 65 cities, collected $1,000,000 from more than 750,000 wide-eyed fans. Cowboy Star Gene Autry spends almost six months a year on money-making one-night stands and rodeo appearances. Recently Jane Russell proved in a 30,000-mile trip that Britain and the Continent will also pay well for a close look at the real thing...