Word: profitable
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Dates: during 1940-1949
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Even in the lush twenties, when the Whitneys, Woodwards, Wideners and Sinclairs spent millions on the sport of kings, no stable had ever corralled such a fancy crop of horseflesh. Calumet's clear profit this year will top $600,000 (before taxes). The only other fancy U.S. stable likely even to finish in the black is Cornelius Vanderbilt Whitney's (which has Phalanx, winner of $236,400, on its team...
...Broadway shows. So Sophie designed for 29 shows one year and 32 the next: among them were Dodsworth, The Women, Reunion in Vienna. As customers began to find their way to the salon, she dropped all theatrical designing except as an occasional favor for one of her friends. The profit was not worth the worry. "They always beat down your price and then wanted another 10% off for the publicity," Sophie says...
...Profit or Loss? As to whether the salon makes a profit, there is some disagreement. Together with the new Los Angeles salon, it will gross about $1,000,000 this year, said Sophie, and "make plenty of money." But in the incredibly expensive business of custom-made women's clothes, a profit is an elusive thing. Adam Gimbel won't say whether the salon will make one. However, Saks will net some $900,000 on Sophie Originals. Though Adam occasionally winces at Sophie's extravagant way of using $40-a-yard material (she keeps nearly...
Mending Hinges. Biggest trouble of all were the exorbitant SCAP-set prices. But traders thought that many of them were caused by the bungling of inexperienced SCAP supervisors. According to some traders, SCAP officials thumbed through Montgomery Ward and Sears, Roebuck catalogues, knocked off perhaps 10% for profit, announced the result as the world market price-giving not a thought to charges for freight, handling, duty, etc. that the foreign buyer would have to pay. A story making the rounds told of one SCAP official who handed a pair of gloves to his secretary, asked her, "What would...
...four other members of the board held that it would be "strange indeed if the board were now to declare a policy of hostility to any commercial profit" in such transactions. To do so, they thought, would in effect freeze the nation's air pattern and kill most hopes for its improvement. Commercial airmen generally applauded the board's new policy. For Terry Drinkwater it meant that Western, which operated in the black during the second quarter of 1947, might soon be on a steadily profitable basis...