Word: profits
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Dates: during 1950-1959
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...shown in any U.S. theater. Nobody is sure yet exactly where the experiment will lead, but at least three groups had reason to be pleased that it was being tried: the producers (London Films) got $200,000 for allowing the new film to be telecast; the network made a profit by selling all the advertising space on the 90-minute show; the public had a first look at a new movie...
...price. Board Chairman Ernest R. Breech reported last week that the company will earn more before taxes this year (an estimated $700 million) than it did in the entire 21 years between two world wars, 1919 through 1939. In fact, said Breech, Ford has already made a greater profit in the first three quarters of 1955 than in any previous full year...
...could be sure. Since oil is usually a case of gamble or get left out, Conoco was being left out. To get fresh leadership, the directors hired McCollum, then 45 and production coordinator of giant Jersey Standard, gave him a fat stock option (which today shows a paper profit of upwards of $4,000,000), a salary of $125,000 and a free hand. Within eight years Conoco more than doubled its refinery capacity and its gross income ($500 million in 1954). It boosted the number of wells completed by 75%, built the first major offshore pipeline, and bought...
...month hotel suite, Cash can afford to be philosophical about what the sour grapevine calls him. "We have a peculiar national attitude toward money-making," he tells an acquaintance. "We maintain that the very foundation of our way of life is what we call free enterprise-the profit system -but when one of our citizens shows enough free enterprise to pile up a little of that profit, we do our best to make him feel . . . ashamed of himself...
...first million before he was 30, and can discuss equally knowledgeably the merits of Italian ham or the life of Buddha. However, when Grant Austen learns that he panicked too soon on Suffolk Moulding, and that McCall is about to unload the company at a $1,000,000 profit, he sees Cash only as a king-size heel. Before the gold dust settles. Cash gets a chance to prove his good faith, and does...