Word: profits
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Dates: during 1960-1969
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Special Taxes. Whatever they finally get, the cost will certainly aggravate French industry's already tight profit squeeze. The workers were largely justified in their demands, since their wages lag behind those in every other Common Market country except Italy. But despite its relatively low payrolls, French industry, plagued by inefficiencies in production and distribution, has yielded slender profit margins. State-owned Renault, for example, earns less than a 1% return on sales, compared with 5% for West Germany's Volkswagen. Compagnie Francaise des Petroles works on a 4.5% profit margin v. 8.6% for Royal Dutch/Shell...
...pool disinfectant. Lithium Corp. also has a stake in a venture to extract potash and other minerals from Utah's Great Salt Lake. Bunker Hill, meanwhile, is one of the U.S.'s biggest producers of zinc, lead and silver. By acquiring it, Gulf Resources also strengthened its profit position, since Bunker Hill had earnings last year of $4.19 million compared with $3.81 million for its new parent company...
...stands for "upward" in Hebrew and is an apt description of the 20-year-old Israeli airline that carries the name. The company has increased its sales elevenfold and managed to earn a profit for the past ten years-without outright government subsidies. From a pitiful $5,750,000 revenue in its first full year of operation, El Al moved up to $12 million by 1957, when it introduced transatlantic flights with turboprop Britannias, and then nearly tripled revenues in 1961 with jets. Despite the Six-Day War, the airline grossed over $63 million and made a record profit...
...doughtiest people in the publishing business are those who put out avant-garde literary magazines; they seldom make a profit and rarely reach more than 5,000 readers. It must be love of literature that drives them-and properly so, for it happens that these "little magazines" have fostered the early work of the foremost writers of the 20th century...
Despite the steep cost of the project, Kraus expects to turn a tidy profit with the reprints. So far, about 50,000 copies have been sold, mostly to university libraries where for the first time they will be available for students' perusal. Though most of the magazines are in the public domain, Kraus scrupulously tracked down the editors and in most cases is paying them modest royalties on sales. As for the authors, they are happy to see their early efforts exhumed and once again in print. Much to her delight, Marianne Moore reported that she had come across...