Word: marginally
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Dates: during 1950-1959
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...profits [for 1955] were $1,189,477,000, or about $34 million more than their total sales in 1935. According to all classic economic concepts, such a growth ought to have been accompanied by diminishing returns, [when] each further increase in size is compensated by a reduction in the margin of profits." Instead, G.M.'s operating profit margin of 15% in 1935 actually rose to 20.6% last year. The reason the theory broke down, said A.I.M., was that G.M. slashed sales and administrative costs from 7.1% in 1935 to 3.7% in 1955, while holding material and labor costs steady...
...interest, but offers investors a chance to win ?1,000-a financial stratagem known to Britons as "having a flutter on Harold." Nobody's archery was good enough to win the prize-one ?1 bond. Southpaw Archer Macmillan, perhaps with sporting intent, missed the target by a gentlemanly margin...
Bellanca stockholders began to sell. As the stock dropped, four brokerage houses, which held thousands of shares of Bellanca stock in Albert's margin accounts, were forced to dump it on the market as Albert's margin fell below the 70% required by the Federal Reserve Board. In all, 350,000 of Albert's shares were sold in a few days...
Iowa. With no presidential delegates at stake, the leading contest was for the Senate seat occupied and defended by Republican Bourke Blakemore Hickenlooper, 59 ardent supporter of the Benson farm program. Hickenlooper won renomination by a two-to-one margin over Attorney General Dayton Countryman, 38, temperance and high price-support advocate. Hick's November opponent will be R. M. ("Spike"') Evans, 65, landowner, onetime AAA administrator under Henry Wallace and a high price-support man who defeated Jefferson Attorney Lumund Wilcox, 43, for the Democratic nomination. In contrast to the Republican vote (down 22,000 from...
...chewing-gum maker (after Wrigley, American Chicle). The merger, still to be formally approved by directors and stockholders, was a logical move for both companies. Life Savers was eager to expand. Beech-Nut, which also makes baby food, coffee and peanut butter, had been unable to fatten its profit margin: only $3,747,000 last year, about 4% on $91,084,000 worth of sales, v. Life Savers' 13.5% net on a $20,382,000 gross. Said 73-year-old Edward John Noble, Life Savers' executive-committee chairman: "We're both going to earn a great deal...