Word: payoff
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Dates: during 1940-1949
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...atomic power plant. Before summer, a task force will test late-model atomic bombs at the atoll of Eniwetok, the AEC's proving ground. Scientists have been quoting 1955 as the target time for cheap atomic-generated electric power. Three years of AEC work are nearing the payoff...
...Payoff...
...partners (among them: Continental Airlines' President Robert Six; Howard Hughes's ubiquitous agent, Johnny Meyer; and General Aniline & Film's Chairman Jack Frye) had risked $75,000 on a tip Meyer got from a geologist who had previously tipped Meyer and Frank Sinatra to another payoff site (Sinatra's "Crooner No. i" well in Wyoming...
...Payoff. Big or little, investment companies have one major service to sell: their ability to buy stocks wisely. How well have M.I.T. and Keystone done? A "management rating" system devised by Hugh A. Johnson, a Buffalo broker, gives a clue. Johnson invested a hypothetical $10,000 in each of 35 funds, traced what happened to it over the 1938-48 decade...
...this, plus the movies, takes as big an investment as a regular cinemansion; one 2,000-car ozoner near Cincinnati cost $750,000. But the payoff is heavy and swift. Example: the atmosphere under artificial moonglow whets appetites so keenly that popcorn, hotdogs and hamburgers sell about four times as well at ozoners as in theaters. Some drive-ins can pay all expenses with the receipts from munching...