Word: million
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Dates: during 1940-1949
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...even if it was lying on the ground. The farmer would not be responsible if the wheat subsequently rotted; it would be graded according to its original condition. Once the wheat was stored, the farmer could draw the other 25% of his loan. The CCC will also build 50 million bushels of storage space of its own, lend farmers 85% of the cost of building their own storage facilities and, if necessary, store wheat in airplane hangars, Army igloos and other Government-owned property. Brannan even suggested emergency storage space for about 15 million bushels in the holds...
Profit-Takers. The indictment made no attempt to set forth the complex schemes by which Tucker had raised-and spent -$28 million collected from the sale of stock and dealer franchises for his Torpedo 8. The grand jury merely totted up Tucker's statements and labeled each one "false." Said the jury: Tucker & Associates, "seeking to capitalize on the unusual consumer demand" for autos, falsely "represented [Tucker] as an automotive inventor and designing genius" and obtained money "for [their own] personal benefit and profit" by "payments of excessive salaries and expense accounts to themselves, by the creation of fictitious...
What had happened to the investors' $28 million? Court-appointed trustees were still trying to find out. So far they had found few assets-an engine plant at Syracuse which Tucker had bought, a handful of lathes in the Government-owned plant at Chicago where he had said he would make cars, and some 25 hand-built Tucker autos, some with motors lifted from the cars of other manufacturers. There was only about $100,000 cash on hand...
...year-out buying at Penney's has built the company, which has stores in every state, into the third biggest U.S. retail chain. Last year, only Sears, Roebuck & Co. and Montgomery Ward & Co., Inc. sold more goods than J. C. Penney, which rang up a whopping $885 million gross and a $47.8 million...
Last week, at a time when U.S. retailers were feeling a sag in sales (average: 4%), Penney's was still booming. In the first five months this year, its sales of $305 million were 5% higher than in 1948. Penney's was completing three new stores (in Houston, Sault Sainte Marie, Mich, and Midvale, Utah), expanding its store in Albuquerque, opening another one in Oklahoma City. Next January it will also open a big new store in Springfield, Mass., its 1,608th outlet...