Word: profiteer
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Dates: during 1940-1949
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...some 200 corporations reporting, only six were in the red. About 60% of the rest showed gains. The oil industry, which was able to increase production with little rise in costs, was well out in front. Typical: Sunray Oil Corp., with a profit of $4,126,025, was up 98% over the same quarter last year...
Ciardi glumly admits that "practically no poet makes money." Publishers are in business for profit and poetry is carried as "a kind of charity which decks up" the rest of the material. American reading tastes, he claims, "depraved by Hollywood and the damned emphasis on reading speed," leave no room for poetry, he laments...
...Clear. Western Union Telegraph Co., in the red so deeply a year ago that some suggested that the Government take over, staged a remarkable comeback. For 1947, it reported $11,000,000 profit-enough to pay a $1-a-share dividend. The reasons: new rates on Government traffic and windfall business during the telephone strike...
Burly (6 ft. 4 in., 240 lbs.) Oilman Taylor was out to make two points. The first was an item of interest to stockholders: despite Union Oil's whopping $18,910.860 profit, the highest in its history, the company still had to dip into reserves to pay for the year's expansion, research and development. The other point was for U.S. industry generally: businessmen must find more effective means of telling the public of their problems, successes, failures. Taylor thought this important enough to broadcast the film to cities where Union Oil has few shareholders, no employees...
Benefit. In Nebraska City, Neb., the Junior Chamber of Commerce spent three months planning a benefit horse show, finally gave it, grossed $10,435.73, spent $10,435.41, turned the 32? profit over to charity...