Word: profits
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Dates: during 1950-1959
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...nationalist-minded Latin America, foreign oil companies rarely get a chance at new concessions these days on any terms. But in Peru, "nationalist-but-realist" President Manuel Odria now offers new concessions to foreign companies on the handsome basis of a 50-50 profit split with the government. Last week, less than a month after it began to accept bids under the new oil law (TIME, March 24), Odria's Oil Bureau was swamped with some 300 claims by 15 foreign and domestic oil firms for more than 9,000,000 acres of concessions. Said Oil Bureau Director Fernando...
...drop sharply contrasts with a 1950-51 profit of nearly $200,000 and of $827,220.56 for 1949-50. Since 1949 the University's departmental balance has dropped...
...Getchell, business manager of the Harvard Athletic Association, said last night the rise may be attributed to heavy expenses on Stadium repairs. But he pointed out no liability was incurred by the removal of the Stadium's steel stands. Sale of the steel converted the operation into a profit for the University...
...Dining Halls showed a considerable gain last year, with a $36,906.06 profit. The preceding year, they had dropped over...
This past summer Haliday discovered that the theatre could make money, if managed correctly. He sliced his cast, and put it on a profit sharing basis instead of the old straight salary. Besides this, he picked plays that would cost less. As a result, he was able to raise salaries and run an efficient front office...