Word: cash
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Dates: during 1930-1939
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...from the Gómez estate, but that still left $7,500,000 worth. Last week the Government guardedly announced that about 4,300 of the more meritorious claimants will be awarded shares in the remaining $7,500,000. First, what little of the estate is liquid or in cash will be divided. The rest of the $7,500,000 the Government will pay by issuing Venezuelan bonds against the actual property, for financial experts deemed it "most inadvisable to make payments other than in bonds, as to do so might cause inflation in Venezuela and raise the level...
...triumph of exposition was this notable simplification of a balance sheet. "Very simply," he said, "it is a statement of what we own, what we owe and what we are worth. ... It is exactly the same as if you took two sheets of paper and on one listed the cash you have, the value of your home, car and furniture, and the dollar 'Bill Jones' owes you. On the other sheet you list what you owe the grocer . . . what you owe on your car. Then subtract what you owe from what you own. The result is what...
...system would be a magnificent addition to Transcontinental & Western Air, whose slim East-West line from New York to Los Angeles needs North-South feeders. Last month, therefore, John Hertz and his associates in Lehman Brothers offered to buy it for $3,250,000 ($1,000,000 cash, rest in notes). It so happens that North American Aviation is controlled by General Motors Corp. through ownership of nearly 30% of its stock. The various Hertz truck and bus lines are General Motors' valued customers and shrewd Financier Hertz knew G. M. would think twice before snubbing...
...anything but healthy financial shape. So he asked General Motors to stall for a few weeks while he hunted for other buyers. These he found in the Wall Street investment houses of Smith, Barney & Co. and Kuhn, Loeb & Co. When they agreed to put up $3,500,000 in cash, keep the line independent and give General Manager Rickenbacker complete operating control, John Hertz gracefully folded his wings and yielded the battle. Said Eddie Rickenbacker: "I am glad to be able to save the airline for the gang that made...
Three judges chosen from the Faculty will determine the presentation of prizes. The prizes will all be in cash and will be awarded as follows: first prize, $7.50; second prize, $5.00; and a third prize...