Word: profitable
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Blunt, two-fisted Samuel Matthews Vauclain has been President of the Baldwin Locomotive Works, with plants at Philadelphia and Eddystone, Pa., since 1919. During the early post-War years his company continued supplying U. S. and foreign railroads at large production and large profit. In 1923 its profits reached the tidy sum of $11,931,521. But in the next year the railroad equipment market throughout the world was beginning to show demoralization. Baldwin's profits for 1924 were only $1,920,026. But stored surplus was $18,367,268. The profit showing was not seriously groaned...
...faculty ruling, in effect, sets up an elastic barrier between Pass and Honor students which adapts itself to the basic structure of the lecture system. For the necessary restrictions which hedge about the privilege make the transition back to course requirements easy for the student who does not profit by extended tutorial work. On complaint of his tutor, a delinquent candidate may have to resume the full schedule of four courses at either mid-year or final examination periods...
...their stock in Mexican banks. Those within 25 miles of the frontier of Mexico must be 100% Mexican. "All natural mixtures of the carbons of hydrogen (i. e., "petroleum," etc.) are vested in the nation," and their transference to foreigners is so restricted as to leave most of the profit in Mexican hands. In short, if the laws come into effect and are held to be constitutional and retroactive, hundreds of millions of dollars worth of "foreign owned property" will dwindle in value before the prospect of endless expensive litigation in the Mexican courts...
...best year" was also reported by the H. H. Franklin Manufacturing Co.: net profit...
...common stock of the Nash Motors Co. at the lowest figure at which it was quoted during 1925, he would have paid about $53,000,000. And could he have sold it all at last week's quotations ($141,141,000), he would have made a profit of over $88,000,000. For last week in one day Nash stock jumped 52 points to 517-and then the news came out. President C. W. Nash announced a 900% stock dividend. He also stated that the company in nine years of life had accumulated an undivided surplus...