Word: backlog
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Louis' crusading newspapers and the complaints of competing dealers, the state's attorney began poking around Bob's empire. What he found was this: Knetzer lost money on every car he delivered, made his money from the suckers, who got nothing. From his huge backlog of cash deposits, Knetzer bought cars at dealers' auctions for $2,500, sold them for $1,750. Thus he could make good on enough deliveries to keep more customers-and more cash-coming. Cars were scarce, suckers were plentiful and after all, when Bob delivered, the price was right...
Even the automobile industry was gradually gaining on its backlog. Though raw materials were still scarce and dear (see below), the industry last week chalked up another production record (122,717 cars and trucks). In Chicago, used car dealers were cutting prices...
...boom for Burroughs Adding Machine Co. It cut the price of its $184 adding-subtracting machine to $155, the $135 model to $125. Burroughs said it was giving consumers the benefits of its production savings. But there was another cogent reason: Burroughs had caught up with the backlog on its lower-priced machines...
...defense orders, said Lockheed Aircraft Corp.'s Robert E. Gross, had turned his company's postwar deficits into a $5,310,151 profit for the first six months of 1948. To see it through the rest of the year, Lockheed had a $196,421,000 backlog, most of it in military orders...
Autos. Unfilled orders on automobile dealers' books totaled 7,300,000, an 11% increase since Jan. 1. The National Automobile Dealers Association figured that the industry would need 26 months to take care of the current backlog alone...