Word: payments
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...company keeps 12,000 employees voting nonunion by means of lavish stock-purchase plans and bonuses for faster work. And it keeps stockholders satisfied with monthly dividend checks (minimum check: 9? on a single share). The unique monthly payment system adds $42,000 a year to costs, but Winn-Dixie believes that it helps sales and employee relations. Says J.E.: "Our customers quite often cash their checks in our stores, and when an employee gets a dividend check at the end of each month, man, he's happy." So are the Davises, who predict that sales in the coming...
...JAMES M. SMITH, a leathery, 70-year-old cattleman was well into his second week of publishing the Arizona Journal. Phoenix has seen this masthead before. It was flown for a year by onetime Arizona Attorney General Bob Morrison, but last winter, after the U.S. Government demanded payment of some $200,000 in delinquent taxes, Morrison hauled his ensign down (TIME, Feb. 15). To run it up again, Cattleman Smith acquired the handful of assets left by the Journal-principally the empty plant, some office furniture and Bob Morrison, who still has accounts to settle with assorted creditors. Smith...
...current advertisers remain loyal, Curtis can ill afford such whopping penalties. In its struggle for survival, the publishing house, which traces its lineage to Ben Franklin, has lost ground. It is now $30.5 million in hock -most of that in short-term notes that fell due in mid-August; payment has been postponed by the possibility that Curtis may interest a group of banks in refinancing the company's debts. Revenue has plummeted from $260 million in 1960 to $205 million last year-and the figures are still falling...
Whatever Louis XIV wanted, Louis XIV got-in art as well as in life. In payment he gave royal protection, and no one basked more deliciously in the Sun King's rays than Charles Le Brun, "First Painter of the King" and for 20 years the absolute arbiter and benevolent tyrant of le bon gout français. Swept into museum storerooms as succeeding generations downgraded 17th century classicism, Le Brun has been rehabilitated this summer in an almost too complete exhibition at the Château de Versailles...
...fund salesmen. The lure of plumper commissions prompts salesmen to tout the plans with front-end loads above all others. An Investors Planning Corp. salesman who sells a 121-year front-end plan at $20 a month, for example, collects $57 in commissions on the first year's payments of $240; if he sells a $1,000 one-payment plan, he gets only $32.50. Most mutual fund salesmen are part-timers who earn less than $1,000 a year, and many of them are ill-trained recruits who give up the game after less than one year...