Word: plunks
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Dates: during 1940-1949
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...Orleans businessmen, with eyes cocked toward Latin America, have already plunked down $200,000 to buy two adjoining buildings in the business district, pledged themselves to plunk down $750,000 more to remodel them into a slick, air-conditioned home for a new International Trade Mart. Object: a year-round display of Mississippi Valley products...
Growing Pains. Victor Emanuel, shrewd, farsighted chairman of the $36 million Aviation Corp. that owns 29.6% of Consolidated Vultee Aircraft Corp., continued his flight towards diversification. Having purchased Crosley Corp. (TIME, July 2) in June (radios, household appliances), Emanuel last week announced that Aviation Corp. will plunk out over $4,100,000 to buy control of New Idea, Inc., manufacturers of farm machinery and implements...
...Assistant Attorney General of the U.S., youngish, trust-crunching Wendell Berge, was a greatly annoyed man last week. The reason: no one seemed to be in any hurry to plunk down $81 million for the 7,121 sleeping and parlor cars, the mountains of hand towels, bed sheets, the ten laundries, etc. that Pullman, Inc. had for sale. Until a buyer could be found, the grand finale to one of Berge's most successful antitrust suits could not be written...
This foreign hoard has piled up for several reasons: while the U.S. has been Lend-Leasing goods and weapons to some nations, it has had to plunk out cash to import huge quantities of raw materials and stockpile supplies in foreign countries. Another drain on the U.S. is to the 6,000,000 U.S. servicemen abroad. Although the U.S. is now exporting $14 billion in goods a year, the Board pointed out that only some 50% of this is for cash. The rest is Lend-Lease. In fact, excluding Lend-Lease operations, the U.S. has had an "unfavorable" balance...
...worker, traditionally the forgotten man of labor, was remembered last week by the War Labor Board. WLB granted a wage raise, averaging $2.85 a week to 14,000 agents of the Metropolitan Life Insurance Co. The raise is retroactive-in some instances, to October 1942. Altogether, the company must plunk down approximately $860,000 in back...