Word: millions
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Dates: during 1950-1959
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...University received $18.1 million from its endowment funds during the last fiscal year, Paul C. Cabot '21, Treasurer of the College, has reported to the Board of Overseers. This gain represents a 5.3 per cent return on the book value of the endowment, the highest in at least the past five years...
Perhaps a million and a half Indians joined in the greatest welcome this country ever has given a foreign visitor...
Curtiss-Wright Corp. and its Chairman Roy T. Hurley are having their woes in the business of making aircraft engines, but when it comes to press releases, they fly high. Month ago, with sales down from $599 million in 1957 to $389 million in 1958 and still slumping, C-W displayed a "revolutionary" new air-car for U.S. travelers, a vehicle that has no wheels, but zooms along at 60 m.p.h. just off the ground on a cushion of compressed...
...that point, Chairman Hurley and C-W's board of directors had another piece of news: the company cut its quarterly dividend almost in half, from 62½? to 37½?. Sales for the first nine months of 1959 were down $40 million, with a $6,400,000 drop (to $9,000,000) in profits. Once again C-W was suspended from trading as investors tried frantically to dump their stock. When trading was resumed, C-W dropped, wound up 5⅞ points below the high...
Architectural drawings have been completed and bids opened for a million-dollar computation center to be built on Observatory Hill and leased by the University to the Smithsonian Astrophysical Observatory, Fred L. Whipple, director of the Observatory, confirmed yesterday...