Word: millions
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Dates: during 1960-1969
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...Fats Domino, 41, who claims to have had 19 gold records (sales of more than a million) in the '50s-most of which he wrote as well as sang-was signed last year by Warner Reprise and assigned to young (27) Richard Perry, who produces Tiny Tim's records...
...heart attack; in Columbus, Texas. For five years as a wildcatter, Strake drilled dry well after dry well. Then in 1931 he hit oil in Conroe, Texas, in what proved to be the nation's third biggest field. It brought him a fortune estimated at $100 million, much of which he gave to his church-a beneficence that brought him two of the Vatican's highest honors for a layman-the Order of St. Sylvester and the Order of Malta...
Atlanta has requested but not received state funds for its four-quarter project. As a result, it is paying more than $1,000,000 beyond its regular $71 million school budget for the summer quarter. School officials maintain nonetheless that the city's fast-growing industries-and thus the city itself-will benefit financially when vacations are spread more evenly over the entire year. Until this year, most working parents took vacations in the summer, when their children were out of school, resulting in summertime business slowdowns and production losses. Another advantage of the summer quarter lies in providing...
...seats (for $375,000) and laid off 70 employees, including about half of its research staff. To increase its capital to the level required by the New York Stock Exchange, the firm also borrowed $600,000 from another brokerage house, Scheinman, Hochstin & Trotta, and arranged for up to $10 million more from private sources...
...years has snarled delivery of shares from broker to broker and from broker to customer. The number of employees involved in securities processing for Big Board firms rose 36% last year, and average clerical salaries climbed 12%. In a belated rush, brokerage houses are investing more than $100 million a year in automated equipment...