Word: millions
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Dates: during 1960-1969
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Amexco's growth enabled it to survive a blow that might have shattered another company. In 1963, an obscure subsidiary, American Express Warehousing, was duped into issuing warehouse receipts for the nonexistent salad oil of Speculator Anthony De Angelis. American Express in 1967 agreed to pay $60 million to settle creditors' claims, half immediately, the rest in annual installments of $5,000,000 each year through 1973. The payments do not reduce Amexco's current reported profits because they are charged against earnings retained from prior years, and the company's growth has given it enough...
...which is scheduled to get the first of the new jets early next year, is in a particularly tough bind. For the first time, it has carried fewer transatlantic passengers this year than TWA. After reporting that third-quarter earnings had dropped from $25 million to $8 million, Pan Am laid off 750 employees, including 450 of its 3,600 pilots and flight engineers...
...built an empire on water. Besides selling half of the roughly 2.5 billion bottles of mineral water that Frenchmen drink every year, it has the national franchise for Pepsi-Cola and is one of the largest makers of chocolate and other candy in France. Annual sales are $204 million. But when Perrier tried to expand its gastronomic conglomerate by growing big in the dairy industry, the ensuing spectacle resembled the script for a French farce...
...then, the whole wine-rich village is melancholy-until it learns that the Germans are coming to take over the town and its only treasure, vino. Bombolini, the town drunk, is hastily proclaimed mayor. His single responsibility: to hide a million bottles of vermouth. His metamorphosis from clown to hero -and what he does with the wine-provides The Secret of Santa Vittoria...
...Planned Parenthood conference report estimated that there are between 200,000 and 1,200,000 abortions performed yearly in the United States. Most specialists accept the latter figure as accurate. According to an article by O. J. Sikes, M. P. H., in "Sexology," one million of the twelve hundred thousand are performed illegally...