Word: profits
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Dates: during 1950-1959
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Some blood banks are already making a profit (which may help to pay other hospital costs). The New York State plan is open to abuse because it is proposed to collect three times as much blood as subscribers will need, on the basis of past experience, and the surplus could be sold...
...retaining control) when the Trans-Canada pipeline deal shaped up. The pipeline's future seemed so solid to Murchison that he thought it had no place in wildcatting Delhi. Said he: "Canadian Delhi is so conservative we kicked it out of Delhi." Such corporate spin-offs have well profited Murchison and his stockholders. A man who paid $1,000 for 1,000 shares of Southern Union in 1943, and exercised all rights and options since then, would have spent a total of $31,688 (easily borrowed against his holdings). By now, his dividends would have amounted to more than...
...charged that Cargill drove down the price of oats to its profit in 1951 and 1952, thus interfered with the Government's price-support program...
...saving is passed on to the consumer. "In addition to the trade discount, we get an extra 1¼ discount by paying cash for everything we buy," says Los Angeles' William E. Phillips, whose discount house grossed $6,000,000 last year. "Lots of times, our margin of profit is not much wider than that." Discount houses can turn penny profits into dollars by their huge volume of business and the fact that they can cash in on brand names. The manufacturer bears all the cost of advertising and promotion...
...laws, another big reason for the growth of the discount houses is the attitude of the established retailers themselves. Too many businessmen have not made the adjustment from a wartime sellers' market with its shortages and high prices to the buyers' market of 1954. Instead of shaving profit margins to give consumers the benefits of the enormous postwar volume of sales, they have kept their prices high...