Word: profits
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Dates: during 1950-1959
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...lizard shoes became the rage, Meyercord soon produced a decal that imitated the real article. Such innovations have expanded Meyercord's sales from $1,500,000 when Knopf took over to $9,300,000 last year, more than a third of the world's decal sales. Net profit rose from $106,139 to $356,500. So widely are his decals used by industry that Knopf thinks his sales are a business barometer, because "we know when tractors are selling like hot cakes, and we know when sales slow down." With sales expected to hit $10 million this year...
...said Fox, that he had grown sour on Western Union's prospects; he merely needed more time-and reportedly more money-for his newest buy, the Boston Post (TIME, June 30). But Fox could only unload 100,000 shares at his price, for an estimated profit of $1,000,000. So many other investors hustled to sell that Western Union stock plunged 2⅝ points...
...every dollar paid out in wages last year, U.S. manufacturers paid another 16.4? in fringe benefits and nonmanufacturing companies paid 22.2?, the U.S. Chamber of Commerce said last week. This "hidden payroll" for paid vacations, free meals, terminal pay, pensions and profit-sharing plans, said the chamber's Economic Research Director Dr. Emerson P. Schmidt, costs employers some $25 billion a year. In a survey of 736 companies, Schmidt found that fringe-benefit expenditures averaged $644 per employee last year. Although such benefits are not included in the Bureau of Labor Statistics wage figures, Schmidt said they should...
...amateurs equip them with truck springs in the rear to eliminate the telltale sag caused by heavy loads. The average fee for transportation is around $1.00 a gallon. Sold undiluted at the still for $4 a gallon, the juice still leaves the moonshiner with an operating profit of 200% or more...
...Brattle does reopen, Haliday assorts, it will be on a non-profit basis. The company will reorganize its executive structure and solicit contributions rather than float stocks and bonds sales...