Word: million
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Dates: during 1940-1949
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...with pretty girls and hurrying men-a warm swirl of humanity that his quick brush (trained for newspaper illustration in the days before news photography), caught in full flood. At night he painted Manhattan's vast, far sparkle, and did it tenderly enough to make onlookers sense the million lives behind the million lights...
...prove much of a damper on the inflated market. The cost of borrowing would have to be much higher to be effective. As for the rediscount rise, its effect would only be psychological. Borrowings by member banks from the Federal Reserve Banks are relatively insignificant, at less than $300 million. With excess reserves of over $1 billion, member banks were not likely to raise the volume by much, nor feel any actual pinch because of the higher charges...
...greatest highway," Wall Street last week made the biggest revenue bond offering in its history. Headed by Drexel & Co., B. J. Van Ingen & Co. Inc., Blyth & Co.; Inc. and the First Boston Corp., a syndicate of 217 dealers began marketing a Pennsylvania Turnpike Commission issue totaling $134 million. A third of the amount will refund the commission's present bonds. The rest will pay for extending the turnpike 100 miles eastward to King of Prussia, just outside Philadelphia...
...turnpike issue got off fast. Insurance companies and other institutional investors signed up for nearly $60 million the first day; after 24 hours, there was only about $15 million still to be sold. The reasons were plain. On tolls ranging from $1 and $1.50 for motorcycles and cars to $10 for heavy trailer trucks, the eight-year-old highway has shown a handsome profit every year. All during wartime gas rationing, the commission managed to keep the annual net above the million mark by promoting the turnpike's time-saving advantage (more than three hours on the Pittsburgh-Philadelphia...
Other steel companies have followed Republic's lead. All told, mining companies have spent more than $40 million to develop Adirondack mines. Adirondack ores are costlier to dig, but have a richer iron content than those from Minnesota's famed Mesabi range, which still supplies the U.S. with 83% of all its iron. Steelmen, who know that Mesabi has only ten years of high-grade ore production left, think New York's old iron mining country is finally coming into...