Word: profits
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Dates: during 1950-1959
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...dead broke, and couldn't afford to have the ore hauled down the mountain. "I didn't hardly know which way to turn. We were going steadily into debt. It got so bad I even tried to get contractors to haul it down for 50% of the profit, but no one would. They figured I was another crazy prospector...
...industry, there are no more fervent evangelists than the growing number of businessmen who believe that profit-sharing is the answer to the problems of productivity, morale and retirement. Forty years ago, no more than 60 American companies shared profits with their employees. Last week some 8,000 profit-sharing plans were on file with the Bureau of Internal Revenue. Each month 200 more are pouring in for approval. Among the recent converts: Chicago's Bell & Howell camera company; Manhattan's ad agency, Batten, Barton, Durstine & Osborne; the National City Bank. A fortnight ago, Eastman Kodak...
...opened to unions when employers claim inability to pay as the basis for refusing wage increases. The NLRB, in a test case brought by the A.F.L. Iron Workers against North Carolina's Truitt Manufacturing Co., ruled that an employer must open the books even though the profit disclosure hurts his competitive position...
Money is the major concern of the business board, where candidates can learn the mysteries of profit making from the men who keep the CRIMSON in the black...
...next available seat and at the same price. But when a seat came up for sale last week, the price had soared to $90,000, thanks partly to the booming market. For the exchange to make good would have cost it $16,000, or over 10% of its annual profit. While the officials wondered what to do, the price suddenly broke to $80,000, then $75,000. With that, the exchange scrambled to cover its position, got off at a cost of only...