Word: profitted
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Dates: during 1950-1959
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...love offerings" average more than $3,000 a month, all of which goes into his Missionary Communication Service, a nonprofit foundation to provide electronic equipment to missionaries around the world. Vaus, his wife Alice and three children live on $400 a month. Missionary Communication Service stands to profit by the movie version of Jim's life. Except for an inspirational ending, it is an orthodox crime thriller, complete "with gunplay and side-mouthed snarls. The big conversion scene shows Billy Graham at work, and he might move some spectators as he did the movie's hero. But after...
...race-track elite could have done worse. Alf Rubin, 38, the Worker's wide-eyed little cockney handicapper, who prints his picks under the name of "Cayton," is the best in the business. Last year, a $2 bet on every one of his choices would have brought a profit of better than $160-a remarkable performance. Alf and his paper make a strange combination. Politics, to him, is a vast irrelevance; horse racing, to the Worker, is a questionable capitalist diversion.* But back in 1935, the paper needed to boost circulation, and the Worker decided to cater...
LIBERALIZED CONTRACTS for firms in defense work will permit companies to include such expenses as profit-sharing, severance pay, stock bonuses, and "pure" research in their costs. If approved by the Defense Department as expected, the new contract provisions will go into effect in 1956. They will apply automatically to all firms doing less than 25% of their work with the Government; companies with more than 25% of the total in defense work will be allowed to negotiate to have similar expenses included as "special contract provisions...
...might invite some of the previous directorate and management, or their numerous and powerful allies, to seek reinstatement with no other purpose than to keep us from achieving our goals." For President Alfred E. Perlman, who has turned in a handsome performance at getting the Central back in the profit column, Young asked the stockholders to okay an option deal that would pay Perlman well for his efforts. Under the plan, Perlman would get options to buy 32,000 shares of Central stock at the market price last Oct. 20 (19⅞), when the deal was made. With Central...
...were fired, they would lose their pension rights. They acted wisely. In the counting, McGinnis and his group won easily, 273,237 v. 197,142. The victory gave McGinnis and friends control of a road with 3,200 miles of track in New England and a 1954 operating profit of $3,987,721. With the B. & M., McGinnis now controls 80% of all the railroad business in New England. In his corner in this fight, McGinnis had such prominent New Englanders as Burton M. Cross, former governor of Maine, and Francis P. Murphy, onetime governor of New Hampshire, plus Pierre...