Word: worth
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Dates: during 1950-1959
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...money would go to across-the-board teachers' pay raises. A study on merit pay has poked along for four years, but teachers have been consistently cool to the idea of raises given according to ability. Said one disgusted citizen last week: "Sure a good career teacher is worth more money. And a science teacher is worth more than a gymnasium teacher. But the educators just won't look at it that way. Pay the good teacher more, but also pay the lousy teacher more? Nuts...
...STOCK SAVINGS PLAN for salaried employees is proving a major success. More than 92,000, or 83%, of eligible employees have invested $104 million-half of it in G.M. stock, half in Government bonds. Company contributes 50? worth of stock for every $1 saved by employees. G.M. offered plan to its 350,000 hourly workers in 1955, but the U.A.W. rejected...
...company is also building in other coastal areas-Fort Pierce, Pompano Beach and Vero Beach-and it is planning homesites for land that it owns near Cape Canaveral. Altogether, bustling General Development expects to sell $75 million worth of Florida houses and land this year, v. $22.6 million last year. In this year's first quarter, the company reported earnings of 72? a share, v. 92? for all of 1957; it anticipates full-year earnings to hit $10 million, or around $4 for each of its 2,600,000 shares, and intends to put all profits into expansion...
...brothers inherited the business just before Pearl Harbor, turned to building for the Government. When peace came, they cashed in on the veterans' housing boom, built an average of $6,500,000 worth of houses a year by pricing their houses about $1,000 less than their competitors. Like other big builders, they trimmed construction costs by doing their own concrete and roadwork, are always alert to save even pennies; recently they saved 45^ a house by rerouting an electrical conduit...
...Minnelli showed them his rough cut, the boys in the front office decided they had something special, and announced that the show would open like a Broadway play-white tie and hard ticket. The public seemed to like the idea. Despite advanced prices ($3 top), more than $40,000 worth of tickets were mail-ordered before the box office opened...