Word: profitted
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Dates: during 1950-1959
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...pretty statistical-minded when it comes to the U.S. farmer and his howl. Our receipts are up but our operating expenses are up also. How can we buy the items needed and economize? We can -by working 18 hours a day, as many do who show the 11% profit, and use 12-and 13-year-old children to work as unpaid labor. Your city labor is working for shorter hours. Mr. Benson tells the farmer to work longer hours for less hourly wage. The farm situation is dangerous because the farmer and his family are damn...
...Polaroid Corp. did a $16 million-a-year business making glare-proof gunsights and sunglasses and other products for the armed forces. But by 1948 gross sales were down to $1,481,372 (net loss: $865,256). Land's camera snapped Polaroid into the black again (1949 profit: $720,795) and kept it there...
...prospects for still better earnings and dividends to come. The "cashflow' of U.S. industry is enormous-money which does not show up in earnings because it is used for fast tax amortization. General Motors' cash flow in 1954 was $11.72 per share v. $0.08 reported as net profit; U.S. Steel's $8.19 against the net of $6.45. Overall for 1954 cash-flow earnings for the stocks in the Dow-Jones industrial average were more than 50% higher than reported earnings...
Thus, as new plants and facilities are paid off, more and more of industry's cash flow will show up as net profit. Even if business levels off or turns down slightly, dividends may rise. By 1959 economists predict that dividends may well increase by 50% to a total $16 billion annually...
McGinnis, who ousted Dumaine as president. Union Securities Corp., a Manhattan investment house, bought the Dumaine shares, comprising 27 % of all New Haven preferred, for some $60 a share, giving Dumaine & Co. a $35 per share profit on the stock...