Word: profits
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Dates: during 1920-1929
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...largest government-owned and operated commercial enterprises is Inland Waterways Corp., a barge service on the Mississippi and tributaries which last year netted the U. S. a profit of $441,651. Reported Secretary Good: "Before long the Government can pass over the corporation's facilities to private capital for operation...
Snugly tidied for the winter last week were the fishing villages along the Burin peninsula, which projects southward from southern Newfoundland. Provender was in the butteries, coal within the bins. Warehouses held stacks of dried and salted codfish, the season's catch, ready to be shipped for profit-to buy calico, yarn, sweaters, boots. Men prophesied a serene winter. Then the fish-giving sea howled unwontedly. A great swoop of water slapped against the shore. It fell back, slapped up again and again. Rent, twisted, smashed, into flotsam went wharves, stores, homes, people. Devastation: more than a score killed...
...dailies spread the country's news, cost $75 per ton. Today it costs $62 per ton. The decline in price is cited as the reason the newsprint makers, notably International Paper Co., have been going into the business of selling waterpower to make a side profit, and buying newspapers to ensure their market (TIME, Apr. 22, et seq.). The possibility of a price rise was cited by the American Newspaper Publishers' Association, convened last week at Asheville, N. C., as a potential menace. Said the publishers...
Scheme No. 1 concerned the Bankers' Capital Corp. which recently failed, attributing its collapse to low levels of bank stocks. Investigation indicated that Bankers' Capital, instead of dealing in bank stocks, formed affiliated companies, buying stock in one and then selling it at a profit to another. In turn the affiliates used their resources to support the market in Bankers' Capital stock. From this procession of intramural deals Bankers' Capital last year earned enough to pay a special dividend of $17 a share ($2,000,000). Outstanding stock of Bankers' Capital and affiliated companies came...
...terms in the Santa Fé deal that would make Orient gold convertible notes worth more than face value. Then, according to charges, he bought more than $1,000,000 of these notes at from 10˘ to 25˘ on a dollar, within a few months sold them with a profit of $1,875 on each...