Word: cashing
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Dates: during 1950-1959
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...illuminated document bound in red calf, a medallion on a ribbon, and $1,190 in cash...
...worth has usually lagged well behind other industries. As one result, says White, steel stocks have a market value of only eight to ten times earnings, while chemical stocks sell at 20 to 30 times earnings. Because of this, steelmakers argue, it is far harder for them to raise cash for expansion. It becomes especially hard considering the enormous investment required for each ton of steel produced. At Jones & Laughlin. says Chairman Moreell, it amounts to $1.35 for every dollar of sales, v. 35-40? per dollar for the auto industry...
...total, says Chairman Blough. to earn enough profit after taxes to pay for the furnace. To pay for expansion in the next five years, U.S. Steel will reinvest earnings of $220 million annually, the profit on about 56% of its sales, will use another $140 million from cash set aside for depreciation. But the other $140 million must be financed by adding to U.S. Steel's current $286 million debt...
Shield came in with a hatful of ideas, soon turned them into cash-register receipts. He systematically pruned away drab and inefficient old stores, studied population trends and home-building statistics to spot his new supermarkets. As the U.S. family moved to suburbia, Shield also packed up, moved his staff and executive offices out of downtown Manhattan to the heart of a shopping center in mushrooming East Paterson, N.J., where he built a glass-and-cut-stone emporium that chain-store experts refer to as "a mecca for supermarket operators." It is not only a thumping success in dollar sales...
...that a clergyman performs in the world? Answer: he gets his living by assuring idiots that he can save them from an imaginary hell. It is a business almost indistinguishable from that of a seller of snake-oil for rheumatism. As for a lawyer, he is simply, under our cash-register civilization, one who teaches scoundrels how to commit their swindles without too much risk. As for a physician, he is one who spends his whole life trying to prolong the lives of persons whose deaths, in nine cases out of ten, would be a public benefit. The case...