Word: worth
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Dates: during 1960-1969
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...including $20 million (in conjunction with her brother) to Washington's National Gallery of Art last year and $3,000,000 to Lincoln Center in 1958. But, as a friend put it, "she had more money than anyone could give away sensibly." Last year FORTUNE estimated her personal worth at more than $500 million...
...remembered that Section 1106 of the City Charter forbids city employees to accept "any valuable gift" in the form of a "service, loan, thing or promise" from anyone doing business with the city. And they were quick to point out that Bristol-Myers had sold New York $859,000 worth of drugs last year. Before long there were editorials in the papers and demands for a Board of Ethics investigation-which is just what John Lindsay does not need with election day approaching...
...which to play, they have seized on Natomas as an available game and made a virtue of the uncertainty about the company's oil prospects. To speculators, says Lucien Hooper of W. E. Hutton & Co., Natomas' merit is precisely that "no one can tell what it is worth...
Aetna Life and Casualty Co., for example, has formed a fifty-fifty partnership with Kaiser Industries to develop more than 90,000 acres of potential residential and industrial tracts in California and Hawaii that company officials figure are worth about $175 million. INA has also bought 25% of a chain of Eastern nursing homes. "We aren't interested in financing businesses of this kind," explains" President John Gurash. "We are interested in being in those businesses...
...president of the advertising firm of Avery, Hand & Co., said that two of his company's lines were apparently disconnected by mistake and were still not repaired after a month despite daily calls to telephone company offices. To call attention to its plight, his company bought $5,900 worth of space in the New York Times, offering a prize to whoever could guess "the exact date and time when New York Telephone reconnects our lines." Within hours the lines were restored, with apologies from a phone company vice president...