Word: costs
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Dates: during 1940-1949
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What makes the picture even prettier, for Miss Webster, is that Impresario Sol Hurok is in it. He has booked the troupe on the same basis as the touring Met or a Marian Anderson recital, has guaranteed minimum gross receipts all along the way. The show will cost the playgoer 60? to $3.60, depending on the local sponsor; in some cases, admission will be free, with a school fund footing the bill...
...Catholics argue that: 1) they are taxed to support public education; 2) they also support their own schools; 3) these schools save other U.S. taxpayers some $400,000,000 a year in additional taxes. (Catholic schools save the taxpayers much more than their actual $182,250,000 cost per year, because their operating expenses are less than half the public-school average...
Last week, the news leaked out that Caltex Oil Products Corp., a joint subsidiary of Standard Oil Co. of California and The Texas Co., had made a deal to help build and operate a refinery in Spain, near Cartagena, at a cost of around $18 million. Caltex would put up part of the money, and own 24%. The rest would be 24% owned by Cepsa, the state oil monopoly, and 52% by another state company, Institute Nacional de Industria...
Airline men, who know that they must tap the middle and lower income groups if they are to survive the air travel slump, expect that Pan Am's trick will soon be adopted by other lines. Said T.W.A.'s Warren Lee Pierson: "The principle of low-cost service has been recognized by the steamships and the railroads while the airlines have stubbornly clung to a one-class service. It's time the airlines offered a choice of classes...
...Atlas Corp. controls Consolidated Vultee Aircraft Corp., announced that he would form a $50-million-plus company to buy 100 twin-engined, 40-passenger Convair-Liners. (It will also give Convair some badly needed business.) The planes will be rented out to airlines which may buy them later at cost less depreciation. Odlum hopes eventually to finance the planes of other aircraftmakers in the same...