Word: billioned
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Dates: during 1950-1959
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Passed last year, the act authorizes more than $1 billion in Federal grants over a four year period. Its half dozen main programs are designed to indentify, and help establish, each student's abilities; to improve instruction in science, mathematics, and languages; to provide more college teachers, more loans for college students, and to stimulate educational research...
...paid for 37 years, despite a spate of rumors of a raise. But stockholders have fared well this year despite dividend cuts in hard-hit industries. The New York Stock Exchange reported that cash dividends on common stocks for the first three quarters set a record high of $6.4 billion, up $11.2 million from...
...does retailers more good-than the U.S. businessman. He empties a sackful of gifts on expectant customers, fellow executives, public officials, newspaper editors and anyone else who creeps onto his list. The list has grown so long that today the Santas-in-pin-stripes spend something like $1 billion on yuletide cheer: $300 million for liquor, the rest for a stockingful of loot ranging from $2.50 puddings to $2,500 pianos. The giving is not necessarily due to an excess of Christmas spirit; businessmen simply think that they must. As Denver Radio Station Owner Gene Amole says: "Giving business Christmas...
...largest road, and nearly as big as the proposed merger of the two. The seven roads together would have 19,050 miles of main track in ten states (including many duplicated facilities), compared with 12,800 miles owned by the Central and Pennsy, and total assets of $4.1 billion, v. $4.4 billion for the Central and Pennsy...
After years of trial-and-error taxation, the nation's 1,272 life insurance companies moved a step closer toward accepting a permanent formula for totting up-and increasing-their federal tax bill. The companies (in which 109 million Americans have policies with a face value exceeding $458 billion) last year paid $292 million, based on a stopgap law that levied the regular 52% corporate income tax on up to 15% of their net investment income. Industry executives who jammed the committee room for hearings last week heard Rep. Wilbur D. Mills (D. Ark.), chairman of the House Ways...