Word: worth
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Dates: during 1930-1939
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Lamentably, Mr. Dohr has not only committed an error of emphasis, but one of accounting. At the end of 1936 the net worth of Johns-Manville was $35,849,663. The preferred stock has prior claim to $9,000,000 of this, leaving $26,849,663 for the common. Mr. Dohr divides this figure by the 850,000 shares now outstanding and gets a book value of $31 a share. He forgets that the common was sold for $100 a share. As the capitalization increased to 850,000 shares, assets increased by $10,000,000. Mr. Dohr should have divided...
...Manufacturers quickly wired its approval of the plan. "Called in to help," a representative of Carl Byoir & Associates, Manhattan pressagents, began to send out press releases from a Troy hotel suite. Meanwhile, the Taxcentinels set up a booth on the campus, sold pennies to all comers. First purchaser ($5 worth) was Rensselaer's 59-year-old president, neat, energetic Dr. William Otis Hotchkiss, onetime farmer, geologist, consulting engineer and chairman of the Wisconsin State Highway Commission. Said sage Dr. Hotchkiss: "A sure sign of spring. . . . I think it is a laudable purpose for the students to be tax conscious...
After seeing their score posted on the board, the Birk Brothers Brewers quintet adjourned to a bar, entertained a half-dozen friends with $35 worth of beer...
...locality, a devout Methodist last week put forward a bit of oldtime religion. John O. Mullins, of Wesley, Iowa offered 100 bushels of seed corn free to farmers who would undertake to plant it on "God's acres," give the crop to God's uses. Worth $700, the seed corn would be distributed in 7-pound packages, each of which would plant one acre, produce 50 bushels-at 75? per bushel, a total of some...
...Evolution of Physics" costs fifty cents more than that amount and is worth to the reader a king's ransom, if there could be valued in money the stimulation and pleasure of a journey in pure reason toward an understanding of matter and space. It is not an easy book to read. Though mathematical formulae are completely left out and the words are short and there are many illustrations and metaphors, the subject matter is inherently difficult. Einstein, of course, can be expected to understand his own theory more clearly than any of his popularizers, and much more clearly than...