Word: profited
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Dates: during 1940-1949
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...I.D.S. from a group of associates headed by Bert C. Gamble, chairman of Minneapolis' Gamble-Skogmo retail chain (519 stores). Gamble had bought his own holdings in I.D.S. as a personal investment for less than $500,000 in 1945 and, in the resale to Young, made a tidy profit of more than $800,000 (less the 25% capital-gains tax). Even so, he thought Young had bought control "very cheap...
Student entertainment seekers will' have their last chance today to order tickets for Boston amusements through Phillips Brooks House's Ticket Agency. Cambridge's only non-profit box office closes shop for the summer at 3 p.m. this afternoon...
...reported by early this week, there had been no recession; they turned in earnings that were even higher than in 1948's fat first quarter. A notable example was Republic Steel, first of the big steel companies to report. It had a 60% jump in its net profit, from $9.1 million to $15.2 million. Another example was General Electric Co. Despite a slump in the sale of appliances and an industrywide wave of price-cutting, G.E. boosted its first-quarter net to $26.7 million (up $1.3 million...
Among the food companies, Corn Products Refining Co. led the parade by more than doubling its profit-to $3,314,562. But General Foods probably gave a better indication of the general trend. Its gross was up slightly to $127,802,860, but rising costs cut its net from $8,155,176 to $7,593,797. Even the airline and aircraft industries, which had long been ailing, were perking up. Prime example: Douglas Aircraft Co., which had earned only $23,862 in 1948's first quarter, this year earned $2 million, the result of rearmament contracts and a cost...
...figure that the average barrel costs a little over $12, it's easy to calculate the profit on a keg. If the elbow bender is to gain on a nickel beer, it has to hold at least five ounces. At that price, it's impossible for any bartender to clear operating costs, much less make an additional profit...