Word: buying
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...circulation, which also publishes Asahi Science Magazine. The three Tokyo printing companies already equipped to print recording on paper expect mass production to reduce the present 4½?-per-page cost to 2? or less. Main drawback: the stay-at-home subscriber must pay $417 for equipment that will buy him the dubious privilege of hearing his magazine or newspaper roar like a waterfall or merely go bongbong...
Among the 250 interested shareholders at the annual meeting of land-selling General Development Corp. in Miami last week was Peter Theakston, 13, who had banked enough from his newspaper route to buy four shares last January at 38⅜. Like other shareholders, Peter was concerned by the stock's gyrations (TIME, March 30)-selling as high as 77½ in mid-March, down a fortnight later to 45⅛. Nobody had the courage to ask management for an explanation, until Peter spoke up: "Why did General Development stock rise so fast and then drop so fast?" President Frank...
...businessmen, the newest problem at home and abroad is foreign competition. Inland Steel's President John F. Smith Jr. told stockholders: "A Peoria house builder can buy a keg of Belgian nails for a dollar less than from a local mill''-even after shouldering shipping and insurance costs and paying the U.S. tariff...
What is true of nails is equally true of many other products. Illinois farmers within a few miles of steel mills can buy imported barbed wire $40 a ton under the U.S. price. Five years ago U.S. auto exports were five times imports; today imports are nearly four times exports. Other consumer industries, ranging from fishing tackle and electric clocks to cameras, transistor radios, and generators are also running into stiff competition because the U.S. manufacturer cannot match the foreign seller, for reasons ranging from price to quality and delivery terms...
...autopilot, other instruments and fuel pumps are used on the Air Force's KC-135 tanker-transport (the military version of the Boeing 707); Lear instruments are also used on the French Sud Aviation Caravelle jet airliners, but so far major U.S. commercial lines have hesitated to buy. Their reasons are that Lear's record for quality control, service and stocking spare parts has fallen short of the ingenuity of his inventions. Said one major airline executive last week: "If he got his standards up, he could put everybody else out of business...