Word: profitted
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Dates: during 1950-1959
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...Pennsylvania, biggest in the industry, reported an August profit of $3,288,600, slightly ahead of August 1957; the New York Central squeaked into the black by $274,777. Western roads showed their highest earnings of the year; Southern Pacific's August earnings of $5,200,000 topped August 1957 by $528,000. Reflecting the improved earnings picture, the Dow Jones rail average on the New York Stock Exchange climbed to a 1958 high of 141.80, helped pace the industrials to another alltime high...
...next spring the HDC celebrated the occasion of its 100th major production by impressively staging Hamlet uncut. But, largely owing to an excessive costume budget, the show left the Club about $3000 in debt. Last fall's fine production of Ibsen's The Master Builder made a large profit, however, and the HDC can enjoy the novelty of beginning this academic year in the black...
...agreement. Reuther raised no real objection, even though this key Ford demand had been flatly turned down for months. From then on, differences were quickly settled. The problem was to find enough high-sounding but low-cost fringe benefits so that Reuther, who had long ago scrapped his grandiloquent profit-sharing schemes, could save face. Fordman Bugas hurried to a special evening meeting of Ford's board in Dearborn. He returned with a few penny-ante sweeteners. Reuther stepped back into the conference room, as union stewards cheered him along the hallway: "Give 'em hell, Walter...
...Rohe turned out a design that won architects' praise, bank loans, FHA mortgage guarantees. As fast as they complete one building unit, they pay the city an average of $125,000 for the land. The city then buys more slum land for urban renewal. Not only merchants will profit from the redevelopment; city real-estate tax collections from the area will jump...
Loss Is a Crime. Matsushita has few, if any, equals in vigorous defense of free enterprise. He once declared, to a leftist's assertion that profits are wrong, that a "minus profit [i.e., a business loss] is a social crime." Like his opposite members in the U.S., Matsushita worries about taxes, frets over government interference: "Business skill cannot be deployed effectively unless businessmen have 70% to 80% freedom. In Japan there is about 50% government interference...