Word: worth
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Dates: during 1950-1959
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...There are now only three hospitals for addicts in the U.S.: two federal, at Lexington, Ky., and Fort Worth, and one run by New York City for victims under 21. †Main reason most addicts turn to crime is that illicit drugs cost several hundred times the legal price, and the "habit" may set them back $500 a week...
...shares. When a Boston bank was forced to cash in 40,000 M.I.T. shares held as collateral, it called up Griswold, advised him that it would deliver the blow gently by selling over a period of several weeks. Snapped Griswold: "Send them in this afternoon." M.I.T. redeemed $200,000 worth out of its cash reserve (still kept for that purpose)-and the financial world got the point...
...biggest funds are not necessarily the best performers. Over the past ten years the average fund has increased about 300%. M.I.T.'s gain over that period: 365%. Thus $1,000 invested in M.I.T. shares ten years ago would be worth $3,650 today v. $1,417 if it had been placed in a savings bank at $%. But many a smaller fund that has less to invest, and thus can get in and out of the market more easily, has done much better. Among the top performers in each fund category, the best record of all was turned...
...most unlikely moneyman ever appointed to the high post of secretary of the Bank of England was a tall, genial, walrus-mustached Scot who much preferred to spend his time on the bank of the Thames. The Old Lady of Thread-needle Street, with a comfortable ?40 million worth of bullion in her vaults toward the end of the last century, could well afford an officer who set records for short hours and long absences (due to illness), occupied himself with punting, sculling and solitary walks. It was another activity that made his fellow Citymen uncomfortable: Kenneth Grahame...
...ever to keep costs under control. But to reduce sports to club status just to save what is really a mere pittance is false economy. By degrading lacrosse the University saved $5,000. Was this sum, almost an undistinguishable digit in the multi-figured budget of the University, worth all the furor and ill-feeling that resulted? This $5,000, twice the $5,000, and I wager seven times this $5,000 could be saved if some efficient person delved into the general workings of buildings and grounds--the department responsible for the up-keep of University buildings...