Word: profits
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Dates: during 1950-1959
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...billion. 40% of U.S. foreign investment, had gone into some 2,000 enterprises south of the border. In the two following years the total climbed to $5.7 billion, more than double the figure for 1943. Earnings in 1950 reached $905 million, which foreign income taxes ($250 million), profit plowbacks and other costs whittled down to $500 million...
...orderly and efficiently sold." Kansas dealers, at their convention, called for a production cutback. Even one of the manufacturers joined the chorus. Said Studebaker's Chairman Paul G. Hoffman: "The automobile factories must limit their production to that volume of cars which . . . can be sold at a profit, by retail dealers . . . Profitless prosperity on the part of the dealers will, over the long pull, result in profitless prosperity for the manufacturers...
...find many more to overcome. Information is lacking which would give everyone a more realistic picture of foreign universities. But to a student well prepared, examined by a well informed bureau, forewarned and willing, the opportunity should be open to venture independently into a foreign country where he will profit doubly himself, and more so on his return. Mary Frances Raphael...
...Chairman David Sarnoff and President Frank Folsom lost more than a million dollars in paper profits because of a drop in RCA stock. Under a stock option, exercised last February when RCA stock sold at 29, Sarnoff bought 100,000 shares and Folsom bought 50,000 at 17¾ as a long-term investment, with money borrowed from the banks. But during the six months they had to hold the stock under SEC regulations, the market price tumbled. Pressed by the banks, they were forced to sell 105,000 shares in all, for a profit of roughly $290,000, taxable...
With excess profit taxes expiring in January, the Administration has been frantically exploring means of raising new revenue. Among these is a 10 per cent tax of finished manufactured goods, suggested in 1950 by the National Association of Manufacturers. This would take the form of a uniform excise imposed on all end-products other than food, and would bring in, according to NAM estimates, approximately ten billion dollars a year. This is eight billions more than now collected under selective excise takes, and a significant portion of the budgetary deficit...