Word: profiteer
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...Grain Cooperative at 3½% which in turn would farm out in smaller loans to individual cooperatives, adding "a small additional charge," presumably 2% or 3%. In effect the cooperatives would be paying the same rate-6%-as private commission men for cash. Chairman Legge carefully explained that whatever profit the national cooperative made from the additional interest imposed would in the end go back to the local cooperatives as members of the national body. To many a husbandman this seemed a long and risky way round to the "cheap money" he had been promised...
Gross margin for mason material dealers in 1928 was 23.2 per cent of sales; total expense, 22.7 per cent; leaving a net profit over and above return on investment of 0.5 per cent, or $.50 for each $100. of sales. Profits of 3 per cent or over were secured by more than one-fifth of the firms...
Companies handling lumber reported a gross margin of 25.8 per cent; total expense of 25.0 per cent; and net profit on sales of 0.8 per cent. Stock-turn was at the rate of 3.1. times a year. Profits of 3.0 per cent or over were shown by one-fourth of them...
...firms selling lumber and mason materials, gross margin was 24.4 per cent: total expense, 22.8 per cent; and net profit, 1.6 per cent. Profits of 3.0 per cent were realized by about one-third of the dealers in this class...
...price considerably below the market. Seller, number of shares and price were not announced. But Blue Ridge assets showed a November appreciation of $12,000,000 and Central States on the day of the sale closed at 28. One method of giving Blue Ridge a $12,000,000 profit would have been to sell it 1,000,000 shares of Central States at 16 (12 points below the market). As to the seller, Harrison Williams' control of Central States and part sponsorship of Blue Ridge indicated him as Angel...