Word: worth
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Dates: during 1940-1949
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...Hennig was fined ?281,175 ($787,290), one of the largest fines ever handed out in a London court; two company officers were sent to jail. When Winston and Parser appeared in court to claim their part of the shipment of diamonds, worth ?26,134, they were cleared of any blame, but the gems were confiscated...
...sixth under their London price, received a mortal blow. In London's Clerkenwell Court, I. Hennig & Co., Ltd., one of Britain's most respected diamond merchants, was convicted of customs evasion and violation of exchange controls. The prosecution charged that I. Hennig shipped ?76,254 ($213,511) worth of rough diamonds to Tangier and attached false invoices to make it appear that the gems were consigned to a Tangier merchant. Actually, the gems were bought by U.S. merchants, among them Manhattan's Harry Winston, Inc. (TIME, April 18) and A. G. Parser...
...that frozen orange juice could have a fresh-squeezed taste. It got its second boost when it sold Crooner Bing Crosby 20,000 shares of stock at 10? a share and made him a director (TIME, Oct. 18, 1948). As part of the deal, Crosby, whose stock is now worth $14.75 a share (paper profit: $293,000) began plugging Minute Maid on a song & chatter radio program five days a week...
...C.I.O., which has frequently demanded a look at a company's balance sheet, last week for the first time disclosed its own, as required by the Taft-Hartley Act. In the C.I.O. News, the union said that on Sept. 30 it had a net worth of $1,480,313, "about 25? for each C.I.O. union member" in the U.S. On this basis, C.I.O. membership was 5,900,000. The union listed its year's income at $3,040,390, and expenditures at $2,883,215. It set forth that its net worth had increased $157,175 since...
Financial Statement. In Abilene, Texas, after four burglaries at his St. Paul Methodist Church, Pastor Earl Hamlett announced through the columns of the Reporter News: "We do not keep our collection money in the church safe . . . Pickings [there] are either very slim or nonexistent and never worth the trouble, regardless...