Word: profits
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Dates: during 1920-1929
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...following list gives 20 stocks labelled with various degrees of certainty as Morgan Stocks. It shows a wide diversity of Morgan interests, a wide diversity of Morgan profit. The stock prices given are respectively the closing prices on Jan. 2, 1929 and the closing prices on Aug. 17, no allowance being made for rights issued in the intervening period...
...boom for medicaments, was only two years ahead. So the business went along prosperously, and at the age of 47 (in 1905) was incorporated as E. R. Squibb & Sons. Since then there has been another big boom for medicaments, the World War, which won the company not only profit but an award from the U. S. for distinguished service. That things have not been going backward since the war is shown by the fact that the company's net profits have steadily increased and more than doubled in the last four years...
...ideas of employe profit-sharing and of inviting consumers to become stockholders were probably not familiar to Surgeon Squibb. There was nothing of that sort in the Navy, very little of it in business. Now that both these policies have become commonplaces, the successors of Surgeon Squibb have produced an idea that is more or less of a novelty in 1929. What they propose is to invite not employes* nor consumers, but retailers, to become both stockholders and profitsharers...
...purchases come to $600 in the next year, Squibb Plan gets 10% ($60), and another 10% ($10) on the increase in the retailer's purchases. So all told Squibb Plan gets $80. Out of this it pays the retailer 6% ($30) on his money. Of the remaining profit ($50) half goes back to the parent company and the rest ($25) is prorated among the retailers in proportion to the amount of their direct purchases from Squibb...
...more dividends are paid the retailer would still get his 6% and probably something besides from Squibb Plan. But either increase in dividends or increase in his Squibb purchases will add to the retailer's profit...