Word: millions
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Dates: during 1960-1969
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...Security Inc. (watchmen and alarm systems), and the busiest film-processing laboratory in the state. The company went public in 1959; since then, its stock has moved up to trade on the New York Stock Exchange and has vastly increased in market value from $5,500,000 to $134 million...
Eckerd, who estimates his wealth at "roughly $50 million," believes that people in his income bracket should be more heavily taxed. To help share his own fortune, he has formed a foundation that operates an 880-acre camp for emotionally disturbed boys. "I wanted to invest in people rather than buildings," he explains. To lighten the burden for retired persons on fixed incomes, Eckerd set up a nonprofit Senior Citizen Club; its members qualify for discounts at his drugstores. For his cherished employees, he is working out the details of a more unusual plan. Under it, Eckerd would place...
...been rising by 21% a year since 1960, while total labor costs have been climbing by only 11%. With such economic advantages, Japanese automakers have lately been able to snare a rapidly increasing share of the world auto market. Auto and truck exports rose 51% last year, to $714 million, and are expected to grow another...
...formulas PACE prescribed for repairing Cleveland schools were hard for Clevelanders to take. At a time when the city's annual school budget was about $130 million, PACE estimated that all its proposed reforms would cost another $56 million--almost 45 per cent of the total school budget...
Since the rural-dominated Ohio legislature was not likely to send the money to Cleveland, PACE flatly told the city's taxpayers that they would have to come up with the $56 million themselves to save their schools...