Word: profitted
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Dates: during 1950-1959
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...Eden announced that he was also resigning his seat in Parliament. Since outright resignation is considered a show of disloyalty to the Crown, he will follow the ancient practice of disqualifying himself by applying for a job of "honor and profit" under the Crown. This post has since 1742 been "Bailiff or Steward of the Chiltern Hundreds" - a job originally established to protect the Chiltern Hills from bandits, and which once carried the nominal salary of ?i a year. The salary, like the bailiff's duties, has long since receded into traditional fiction. Eden also turned down...
CANDY-STORE sales are souring under increasing competition from chains, supermarkets, drugstores. Dun & Bradstreet survey shows average candy shopkeeper draws yearly salary of $3,551, has net profit of $102 on sales of $25,550. Almost half of owners are running "unprofitable operations...
...Catini's output is used from the cradle to the grave-from nipples on baby bottles to formaldehyde for undertakers. All this has paid the company well: between 1950 and 1955 sales soared 85% to $275,680,000; profits jumped 130% to $16.6 million, though 1955 earnings of 6% on sales were not as favorable as Allied Chemical's profit of 8%, Du Font's 22%. But Faina's goal is as American as apple pie, though it may seem as unlikely in cartel-minded, low-wage Italy as pie in the sky. Says President Faina...
...Small Profit, Big Turnover. Founded in 1888 to exploit the old copper mines around the ancient spa of Montecatini, the company perked along modestly until 1910, when hard-driving Guido Donegani, a young mining engineer, moved into the presidency and set out to build a self-contained empire. He began mining the area's neglected iron pyrite deposits (for sulphuric acid), then built a plant to process the pyrite wastes, and extracted 600,000 tons of pig iron yearly-a boon for iron-poor Italy. He made blasting powder for his own mines and turned Catini into Italy...
These Forest Service practices hurt the small operator greatly, but he is most impoverished by the variability of marking. All trees to be cut on a sale are marked by a Forest Service Ranger to insure that enough will be left for sufficient reproduction. Most of the profit in lumber is made from the larger trees which contain the select, high-priced lumber. But usually on a sale to small company, few large trees are marked. A small operator has no control over Forest Service marking...