Word: profiteer
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Dates: during 1940-1949
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...hybrid seed (Dixie 17) 12-15 inches apart in the rows instead of the usual 2-3 feet. He used plenty of fertilizer, which kept the leaves brilliant green until picking time. Most stalks had two big ears instead of the usual one. Farmer Simpson's net profit, after allowing for seed, fertilizer and labor: $125 on a single acre...
...than $452,000 in the same period last year. The Baltimore & Ohio was up about 200% (to $16.5 million), the Erie 210% (to $9.7 million). The Pennsylvania, which lost more than $7,000,000 in the first nine months last year, made the best gain: it showed a 1948 profit of $17.5 million...
Incentive. Gum King Philip K. Wrigley, tired of losing money on his Santa Catalina Island resort (it has showed a profit only twice in 29 years and is losing $750,000 this year), began to lease a Catalina hotel and some bungalows to employees. Said Wrigley: "A manager with a lease . . . will work a little harder . . . and doesn't need as many assistants...
...immediate paper profit for Crosby was around $138,000. The chances for long-range profit looked even better, for Jock Whitney has shown a sharp eye for picking and financing winners.* Whitney got into the frozen juice business through National Research Corp., a war-boomed company that licenses the process by which Vacuum Foods concentrates and freezes the juice. When mixed with three parts of water, the frozen juice is the closest thing yet to fresh-squeezed juice...
...juice thing is the wonder of the grocery world. Ask anybody." Anybody in the frozen food industry agreed-and Birds Eye, Snow Crop and others began to put out their own concentrate. Nevertheless, Vacuum's sales increased so much that President Fox announced last week that the net profit for its last fiscal year...