Word: cashing
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Dates: during 1950-1959
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...spite of the eccentricity of Shaw's will, no one at first bothered to contest it. Shaw had not left too much cash, and the huge (70%) death duties had yet to be paid. Then along came the Broadway hit My Fair Lady, which has brought in $2,000 a week in royalties, has paid the death duty, upped the estate's value to $2,000,000. By last month so much money was involved that Britain's Public Trustee Office decided to test the will in court. Was the rewriting of the alphabet really a legitimate...
...Wladzui Valentino Liberace, strolled through the Chicago night, two thugs pulled up alongside in a maroon convertible, hopped out and accosted him. One growled: "Give us everything you have!" George politely declined, was slugged with a pistol, soon roused from a fog to tot up his losses: $50 in cash, a $1,500 onyx and diamond ring, a $25,000 fiddle (the violin was located, along with two prime suspects, at week...
...sales back ahead of cash-ins, the Treasury last week asked Congress to permit a boost in rates, retroactive to Feb. 1 on all new bonds. It wants to raise Series E and H interest rates to 3¼% as a start, boost rates as high as 4¼% if necessary...
...Blind River camp. The mines were opened by Rio Tinto Mining Co. of Canada Ltd., a subsidiary of the 84-year-old British mining firm, Rio Tinto Co., Ltd. of London, which acquired them along with other Blind River properties from Brooklyn-born Joe Hirshhorn for $60 million in cash and securities. At peak the mines will soon be turning out $110,000 worth of uranium concentrates daily to fill the guaranteed Canadian government purchases of $206.9 million...
...turned up some bonds which ICT refused to value. Insurance commissioners refused to admit the bonds as assets, looked further and found other losses that had not been shown previously. At week's end the commission put ICT temporarily out of business, gave it two weeks to raise cash to straighten its troubles or be closed for good...