Word: cashing
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Dates: during 1950-1950
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Last week, in his neat, green-walled office at Oakland, Calif., Warren announced a fiveyear, $200 million expansion program. Safeway will build 1,000 big new stores costing $200,000 apiece to replace some of its smaller, old-fashioned groceries. To keep the cash outlay for the expansion low, Safeway intends to sell the new stores as rapidly as they are built, to private investors, colleges and insurance companies, then lease them back. Safeway has used this sell-and-lease-back system on all its 2,166 stores, thus has comparatively little cash tied up in real estate...
...sleeping cars. He left the Times. He and his wife sent their children to college and lived on what he made from his lectures and an occasional article. He organized Federal Union, Inc. as the holding company of his crusade. After France fell, he scraped together $2,385 in cash and promises and bought a full-page ad in the Times to propose a provisional union of the U.S. and the British Commonwealth. He wrote another book: Union Now with Britain. While the democracies fought for immediate survival, Streit fought for what he believed was their only chance for survival...
...also regularly beats the slower Constitution in news and pictures. The Constitution's biggest drawing card: the folksy column by peripatetic Editor McGill, who was in Israel last week. Acquisition of the Constitution, with radio station WCON thrown in, did not cost Publisher Cox a cent in cash. (In 1939, he had paid about $3,000,000 for the Journal, another $2,000,000 for its radio station, and $800,000 more for Hearst's Georgian and Sunday American, which he folded.) Last week's deal was a straight stock swap: Howell & Co. exchanged their control...
...Came to Dinner. In Denver, thieves broke into Barbara Klo-berdans' apartment, took $30 cash, $49 worth of clothes, ate some potato salad, drank some Scotch, found varnish and brush in the kitchen cabinet and touched up the door they had splintered...
...myopic self-interest behind the bill. For to many Congressmen's annoyance, ECA, perhaps more than any other government agency, has managed to remain free of political free-loading. The bill would finally permit the farmer's representative a chance to steer his constituents a little government cash...