Word: worth
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Dates: during 1950-1959
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Boston Merchant Prince Eben D. Jordan put up $700,000 for the building, agreed to support a company for three years if other nabobs bought $150,000 worth of stock. London Impresario Henry Russell became managing director, hired some of the top singers of the day. In its first 15-week season, the Boston Opera House staged 21 works, and the Transcript commented: "In Boston, grand opera is now endorsed by all the churches, and attendance at the opera places no one's morals under suspicion...
Construction edged up to peak levels. Last month's $4.6 billion worth of new building set an alltime record. The Government reported that spending for new plants and equipment for the rest of 1957 will continue with no letup at a steady annual rate of $37 billion, 6% ahead of last year...
...year's civilian orders are up 600% for Rem-Cru Titanium Inc., owned jointly by Remington Arms Co. and Crucible Steel Co. of America. The total is still small, but a few big contracts are beginning to roll in. Last week Freeport Sulphur Co. ordered about $500,000 worth of titanium tubing from Titanium Metals Corp. of America to carry a highly corrosive ore slurry at Freeport's new nickel and cobalt mine in Cuba...
...other hand, some economists feel that revaluation is necessary to curb inflationary pressures caused by the influx of money from West German industry's booming overseas operations-money that chases goods already in short supply precisely because of such heavy exports. Since revaluation would make the mark worth more in foreign currency, it would encourage imports, thus ease inflation...
...Ontario, Calif., gassed up for its flight to Honolulu, a Trans-ocean Airlines Super-Constellation stayed earthbound when its pilot mislaid the right credit card for $1,135.58 worth of fuel, took off on schedule after Passenger Bill Hendrie whipped out his own credit card, grandly signed...