Word: cashing
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Dates: during 1950-1950
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Sometimes they argue back & forth while other A & P executives sit in the room, patiently waiting for the brothers to agree. One of their biggest arguments was whether to cash checks. Mr. John said yes, shrewdly figuring that those who brought in checks would spend part of their cash for groceries. Mr. George answered: "No, we have no business in the banking business. Besides, some of the checks will bounce." Mr. John won and today A & P cashes $2 billion worth of checks a year. The losses are negligible, but Mr. George still shakes his head over the matter. Said...
...Yale's director of Intramural Athletics became sufficiently alarmed to call in the campus cops on the case. The cops felt fairly confident that they could retrieve the missing cups because they were so recognizable that they would be impossible to pawn and melted down, they would bring little cash return...
...Well. In Houston, police pieced together the evidence, concluded that the burglar who broke into the Hi-Lo Oil Co. building 1) tried without success to open up the cash register, the cigarette machine, the soft-drink machine; 2) tried to drive away with a trailer truck which jackknifed; 3) placed two long distance telephone calls and found nobody home; 4) quit in disgust...
Immortality. With not a cash register, counter, or order book in sight, thick carpeting (changed four times a year) covering the floors, Steuben looked more like an elegant museum than a retail store. To Steuben President Arthur Amory Houghton Jr., 43, fondly described by one of his associates as a "real couth" fellow, that was just as it should be. Steuben, says he, has always been more interested in art than in sales reports. "We're not interested in the ordinary businessman's standards of success . . . [but in catching onto] the coattails of immortality...
...Windfall. In Honolulu, the Better Business Bureau revealed that at least four imitation checks (face value: $134.95; cash value: $0.00), issued by a union as promotion material had been cashed...