Two large refineries, one on Newtown Creek, Long Island, and another in South Brooklyn, also on Long Island, were in successful operation when the abundant pr oduction of petroleum, which immediately followed the completion of the Drake well, placed at the disposal of the refiner a material which could be worked more profitably than bituminous shale.
Resolute in recognizing erudition as the chief concern of man, he sighed over the folly of popes and princes, who spent their time in wars and ecclesiastical disputes when they might have been more profitably employed in reviving the lost learning of antiquity.
When afterwards released, it lay for many months 'unsold, in consequence of the spinners doubting whether it could be profitably worked up.
The time-honoured notion that an animal must have completed its growth before it could be profitably fattened is no longer held, and the improved breeds which now exist rival one another as regards the early period at which they may be made ready for the butcher by appropriate feeding and management.
Where a railway is built for general commercial reasons, however, it must furnish its own credit; that is to say, it must convince investors that it can be worked profitably and give them an assured return on the funds they advance.