Word: profiteered
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Dates: during 1950-1959
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...proportionately more costly to import than milk. Export rates, too, were adjusted to let commodities-in theory at least-meet foreign competition; there was a "copper dollar," a "wine dollar," a "nitrate dollar" and a "sulphur dollar." Soon the government was in the satisfying business of creaming off a profit from exchange transactions...
...first three months, 1956 looked better even than record-breaking 1955. Steel led the field. Pittsburgh Steel turned in a $2,469,-624 net, 171% ahead of the same period last year, and Allegheny Ludlum earned $4,572,608, a handsome 92% better. Lukens Steel reported a 370% profit hike to $1,361,641, and President Charles Lukens Huston Jr. predicted that 1956 would bring the best sales and earnings in the company's 146-year history...
Containers were bursting with good news: a 25% profit hike to $4,420,000 at the Container Corp., a 56% net increase at National Container Corp...
...almost every industry there were similar bright reports. National Biscuit earned $4,678,974, up 17.3% above last year, and Sunshine Biscuits estimated a "quite substantial" gain in the year's first two months. Philip Morris estimated a 40% profit rise over 1955's first-quarter $1,849,992, and Kroger's cash registers rang up $3,908,872, for 41% more profit than last year. United Airlines revenues rose 11% over the $50,381,000 of a year ago, and President W. A. Patterson prophesied that revenues would rise 50% in the next five years. Chemicals...
...RAILROAD PROFITS will be laid before the public in a $100 million ad campaign, if New York Central Boss Robert R. Young has his way. Young is disturbed over the fact that the industry earns barely 4% profit v. at least 6% for other public utilities, wants the roads to spend 7½% of their pre-tax earnings in a campaign to spread their financial "dangers" before the public...