Word: profitable
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...lawyer-businessman Secretary Hurley has made money. He pulled the wildcatting Gililland Oil Co. out of bankruptcy, sold it to Standard Oil for a $3,500,000 profit. He is part owner of the Hurley-Wright Building (U. S. Railroad Administration) in Washington, of apartment houses in Tulsa...
...tariff bill for the tax bill. Others clamored for a completion of the tariff wool schedules first. Western Senators scowled at reduction of the corporation tax, beneficial chiefly to eastern industry. Senator Couzens of Michigan complained that the consumer, having already paid the 1929 tax to corporations, would not profit by that phase of the cut. It looked as if it would take the Senate days to do what the House did in hours...
...ignorance of the composer's name. If a composition is accepted, Radio Music Co. will publish it, NBC will broadcast it, RKO Productions perhaps may make of it a theme song, Radio-Victor will make records of it. But in all cases Radio Corp. of America will profit thereby...
...price considerably below the market. Seller, number of shares and price were not announced. But Blue Ridge assets showed a November appreciation of $12,000,000 and Central States on the day of the sale closed at 28. One method of giving Blue Ridge a $12,000,000 profit would have been to sell it 1,000,000 shares of Central States at 16 (12 points below the market). As to the seller, Harrison Williams' control of Central States and part sponsorship of Blue Ridge indicated him as Angel...
...concluding his talk. Mr. Watkins presented two alternative futures for American industry. He admitted as possible the success of the "New Capital", which involves labor stock holding and profit sharing. But he favors the view that overproduction and unemployment will combine to place American Industry in a state of decline