Word: moneyed
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Dates: during 1960-1960
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...Frank ("Blinky") Palermo. What seemed to nag at Williams most was that he had turned down more than $180,000 in bribes to throw fights, including one offer of $100,000 to go in the tank for Kid Gavilan. Concluded Williams with bitter hindsight: "I should have taken the money...
Despite some mob money invested here and there, the U.S. is not going to pot in the smoky grottoes of Manhattan, and no Gibbon is going to find his Decline and Fall in them. He would find much expensive tastelessness, along with some great entertainers who are really worth the cover charge, and if his taste is jazz, he would find the best around. But all together, the clubs probably pull fewer rivets out of civilization than, for example, a single lunch counter on 14th Street, which is S.R.O. now in the Nativity season, under a towering sign: THE PRINCE...
...prosperous C. & O., which earned $37,994,000 in the first eleven months of 1960 and has paid a dividend for all years except two since 1899, intends to pump money into the B. & O. system for a badly needed modernization program, will repair or replace the B. & O.'s worn freight cars. All told, Tuohy expects the merger ultimately to save the two lines $46 million a year...
...airlines in Chicago, Los Angeles and New York, which shuttle passengers from one airport to another and from outlying airports to downtown areas, has steadily increased from only 152,000 passengers in 1957 to 461,919 in the first ten months of 1960. But the helicopter lines make no money because their aircraft are small and expensive to maintain. They have to depend on Government subsidy, which for the three lines amounted to $4,765,000 in the fiscal year ending last June...
...declined 40% in past four months. Paris Exchange has slipped 10% since its 1960 high last August; London has retreated 12% from record peak. Only West German market is still strong, is expected to finish the year with stocks 29% above 1959. One result of the decline: less U.S. money and gold will go abroad...