Word: cashes
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Dates: during 1960-1969
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...most profitable gambling operations was at one of the few places in the U.S. where most kinds of gambling are legal: Las Vegas. The Mob's technique there, known as "skimming," was as simple as larceny and as easy as shaking the money tree: a part of the cash profits from six LCN-controlled casinos was simply diverted before the figures were placed in the ledger books. How much cash was spirited away in this manner, eluding both state and federal taxes, no one can say precisely. After the Government became aware of mob influence and forced the gangsters...
P.G.A. CHAMPIONSHIP (ABC, 10:30-11 p.m.). Last of golfs four major championships (others: the Masters, the U.S. Open, the British Open). Highlights of the first two rounds of play from the National Cash Register Country Club in Dayton. Coverage continues with the third round live Saturday from 5-6:30 p.m. and the final round Sunday from...
...Trust increased the income of a furniture-company sales manager and his wife, an author of children's books. Despite their combined earnings of $110,000 a year, the couple found themselves strapped for cash. The bankers raised a tax shelter around cattle, which can be bought with help from a loan, then depreciated over eight years and sold for capital gains. The sales manager put $40,000 into a herd, of which $30,000 was borrowed from U.S. Trust. For investors in the 50%-plus tax bracket, the tax savings from this kind of investment can often repay...
Last year the rebate percentage was eight per cent on cash purchases and six per cent on charge purchases. For the fiscal year ending July 1, 1969, the rates may go as low as seven and five per cent...
...Corp. (for Scientifically Treated Petroleum). It had sales of only $9 million as late as 1963 -but then Andy Granatelli took over as president. Granatelli, a former racing driver, figured that if speed could sell cars and tires, it could sell additives as well. He began to offer extra cash to racers who pasted STP decals conspicuously on their cars. Motorists now buy 2,000,000 cans a week, usually paying more than a dollar a can. Buyers hope to get what STP publicists call the "Racer's Edge," something that is supposed to have helped Mario Andretti roar...