Word: cashed
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Dates: during 1960-1969
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After he escaped from the Missouri State Penitentiary in 1967, Ray's style changed; he seemed to have become a cum-laude graduate in criminality. Flush with unaccustomed cash and astute at espying loopholes in the law's vigilance, he rambled across the country using a collection of aliases. Then, after a .30-'06 bullet killed Martin Luther King Jr. in Memphis on April 4, spurious radio messages sent Memphis police chasing the wrong way after Ray's 1966 white Mustang...
...A.M.C., which after two years of deep deficit showed a $1,133,775 profit for the six months ending March 31, shedding Kelvinator will provide some of the cash necessary for continued recovery. The purchase price is expected to be about $45 million, and A.M.C. is sure to apply at least part of that toward a $52.5 million short-term bank loan due at the end of the year. Equally important, income from the deal could enable the company to move further into the production of parts, thus reduce its costly reliance on outside suppliers. As A.M.C. Chairman...
...France's industries some $6 billion in lost production. Much of that amount could be made up by accelerated output in the months ahead, but the loss of exports and the flight of francs had already forced the government to spend $307 million of its $6 billion in cash and gold reserves. As a result, for the first time since 1959, the French drew $745 million from the International Monetary Fund to help tide the country over the present crisis...
Even companies operating in the red have been able to cash in on the trend. Despite losses of $10,679 last year (on sales of only $36,068), Manhattan's Applied Synthetics Corp., a maker of plastic bags for phonograph records, last month successfully floated a 260,000-share issue at $1.75. By last week the stock...
...Studying cash salaries and bonuses paid in Britain and five of the Common Market nations, the U.S. management-consultant firm of Towers, Perrin, Forster & Crosby found that, over the past eight years, British executives have slipped from fifth to last place in the pay scale. French and Italian executives now rank at the top, ahead of Germans (who were No. 1 in 1960), Belgians and the Dutch, who happily yielded the cellar to the British...