Word: profits
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Dates: during 1950-1959
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...most impressive mechanical equipment to Africa, including a 22-ton machine that can shear off big trees like a scythe cutting grass and a self-contained sawmill unit which will be hauled by the biggest bulldozer in the world. LeTourneau insists that he is not primarily interested in profit in his Liberian adventure. Nor does he want to create mere "rice Christians." Says he: "I am trying to do a missionary job in a businesslike...
...million for the mine from private sources will the RFC turn over its money. President McNab is still not sure where the $17 million will come from. But since the Government is willing to provide a guaranteed market at a price which will probably assure the company a profit, McNab is sure he can get the money. If he does, he estimates that by 1958 San Manuel will annually be turning out 140 million Ibs. of copper, an increase of 8% in U.S. production, and 6,000,000 Ibs. of molybdenum, a boost...
Mathieson's assets have about tripled (including half ownership of Baltimore's only skyscraper, the Mathieson Building) to $192 million since Nichols took over. Last year it was one of the few big corporations to show a profit gain (7%) despite a 65% jump in taxes. Squibb's was another. On slightly larger sales than Mathieson, it earned $9,700,000, up 20% from 1950. Tom Nichols thinks that with such products as Squibb's new TB drug (TIME, March 3), he can pull up Squibb's profits still further...
This year, with business already up 63.2% over last year's, Jarrell expects to write a billion dollars worth of insurance, hopes to make a profit on the $20 million in premiums. And the market has hardly been tapped. With U.S. installment credit up to $13.8 billion a year, only a small percentage is insured...
...Cool Profit. In Levittown, N.Y., nine-year-old Russell Green stocked up his family's home freezer last winter, waited until the temperature reached 96° to advertise: "For Sale: Genuine Snowballs...