Word: profitless
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Messrs. Ellis & McKitterick were well aware of the fact that the dealer was fed up with profitless prosperity. They also knew that they enjoyed considerable personal prestige in the trade. As crack salesmen for the old Tobacco Trust, later for Melachrino, and then as vice presidents of Tobacco Products Corp., they had built up reputations for giving dealers a break. President Ellis could cash a check in any cigar store in any U. S. city of 5,000 or more. All in all, the time seemed ripe for a 15? cigaret that really sold...
Trucks with an average registration gain of 25% over the 1935 quarter showed even a better record than passenger cars, which as a whole rose 22%. After 65 consecutive profitless months, White Motor Co. went into the black with registrations spurting 76% over the first quarter last year. After losing $187,000 in the first period of 1935, Mack Trucks, Inc. cashed in on general sales gains to the extent of earning...
Less than two years ago U. S. businessmen were dolefully shaking their heads over "profitless prosperity" and gravely predicting the imminent doom of the profit system. Aside from a general animosity toward the New Deal, the cause of this talk was the tendency for costs to rise faster than sales, so that many a company was reporting smaller profits on greater volume of business. It was merely a matter of time before increasing sales would outstrip increasing expenses, thereby cutting the cost of each unit they produced. Last week the return of profitable prosperity was conspicuously evident in at least...
ASSERTING that there is a "genuine ferment on the campus" and hoping that this ferment will lead to a union of college youth marching on the "path to an ordered, cooperative, profitless society," James Weschler has, with his admirably written study of the "Revolt on The Campus" made an important contribution to our understanding of the present maelstrom of confused tendencies of political thought and action as they whirl about the ivyed walls. Documented with care and thoroughness, organized with skill and clarity the work is also very readable. Mr. Weschler has a clear swift moving style which makes...
Very dearly would Secretary Wallace like to get out of holding this profitless bag, stop making any more 12? loans. But with the price of cotton threatened by a crop that is huge by 1935 standards of consumption, it was last week becoming politically more & more difficult for him to refuse to make another price-pegging loan offer. In effect, he was in that unfortunate position in which Herbert Hoover's Farm Board found itself when that luckless agency tried valiantly but vainly to peg the price of wheat...