Word: profited
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Dates: during 1940-1949
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...shares (55.2% of the voting stock) for her grandchildren, who will eventually divide it. On these holdings, the estate got $428,944. In addition, dividends of $1,287,445 went to the estate on the 286,099 shares of non-voting stock left to the taxexempt, non-profit Ford Foundation...
General Motors Corp., with a profit of $502.4 million in the first nine months of 1949, last week voted to pass out a year-end cash dividend of $187,000,000, biggest in U.S. history...
Thus the function that this pre-war Council committee performed is one that the post-war Council might also devote its time to with profit. While the Council's Committee on Student Welfare stands ready to listen to student complaints, it has fallen down both in publicizing this service and in taking positive action to protect the student along the lines laid out by its pre-war predecessor. A more vigorous showing in this endeavor would be of great service to the student body, and this function is one that the Council is probably able to handle better than...
...hike in the official U.S. gold price, went the argument, would give gold-holding nations a windfall profit to ease their dollar deficits. On its part, the U.S. could use the paper profit from its $24.5 billion gold hoard for loans to other nations...
...general have risen only 60%. Actually, a free market would not change the price unless the U.S. raised its official price also, because the Treasury is required by law to keep gold at $35 an ounce. While a gold boost would give Britain and other U.S. allies a modest profit on their gold holdings, the greatest beneficiary might be Russia, probably the world's biggest gold producer. The biggest reason of all for not boosting the price of gold at this time was simply that such a move would nullify the recent currency devaluations abroad...