Word: profiteer
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Dates: during 1930-1939
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...first year under the Katz management Gruen made $606,000. Last year (ending March 31, 1938) net profit was $726,000. Having retired all the com pany's debentures with these profits, be sides $150,000 worth of Class A preferred stock, Ben Katz last week decided to pay off Gruen's remaining $839,000 of Class A and B preferred by issuing new common stock. With a 1938 sales record that equals last year's, and with the market in the mood for new financing, he hopes to sell 150,000 shares at a price that...
...been formed to raise the price of daily tickets. This infant industry has not been making money, and owners complain that with equipment costing up to $2,000 and weekly overhead averaging $140, they are hardly clearing expenses. A take of $250 a week is necessary for a profit of $1,000 over a ten-week season...
...Production Committee is headed by John Barnard '39. Walter Webster '39, is Business Manager, Irving Chase '39, Lights, Robert Woodward '40, Properties, Max Kraus '41, House Manager, John Flower '39, Stage Manager, George Stansfield '40, Costumes, Paul Morgan '39, Carpenter, L. John Profit, Program, and William Hartwell '40, Assistant Stage Manager...
...solve his problem, Mr. Rice places Frank Dale, a Captain in the Spanish-American War, as the last male member of an old American family in the town which bears his grand-father's name, Dalesford, Connecticut. Captain Dale can no longer run his shoe factory at a profit, and his farm produces next to nothing; seventy-four years old, he wishes to liquidate what few assets he has, move his daughter-in-law and grand-daughters to Florida, and spend his last days peacefully in the sun. When he has made his decision, the embodied ghosts of his progenitors...
Master of ceremonies for the occas- ion will be John J. Mahoney '03, Director of Extension Courses, Member of the Faculty, and president of the organization which was incorporated June 6 as a "non-profit, non-partisan, non-sectarian institution devoted to educational work in the economic, political and social fields...