Word: coste
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Dates: during 1950-1959
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...sewage-disposal system (including garbage grinder) that greatly reduces water use. A newly designed toilet needs only 1 gal. of water at a time compared to 6 gal. for current models. Electrical wiring through the house comes in a preassembled package, ready for much faster installation that cuts high-cost labor...
...Ceiling-to-floor (8 ft.) doors and windows that simplify building. They also improve air circulation, make the house's six rooms seem much more spacious. Another cost-cutter: African-oak floor squares laid directly on the concrete foundation slab; they are only half as thick as ordinary wood parquet flooring yet are just as durable...
...N.A.H.B.'s $13,500 house is completely air-conditioned (heating and cooling), comes with all appliances, including a dishwasher, clothes washer and dryer, has an attractive fenced patio and carport. Without these features it could cost as little as $9,600. N.A.H.B. President Nels Severin likes it so well that he plans to build one in San Diego...
...rise in productivity is vital because it helps offset rising labor costs, a big push behind inflation. So far, productivity is running ahead of 1958 wage hikes; autoworkers settled last month for more moderate terms than in recent years (4% wage rise for Ford). The cost of the new contracts has already been written into 1959 car prices. Said Frederic G. Donner, chairman of General Motors, in Manhattan last week: "I think it's fair to say that the contract, as we have signed it, would not require any further adjustment in prices...
...have already given Seeburg hearty shots in the arm by introducing stereo jukeboxes, getting into the profitable cigarette vending business, giving new financial backing to Seeburg dealers. In the 1958 fiscal year ending this month, they expect Seeburg to earn only about 50? a share, owing mainly to the cost of scrapping unprofitable old products. Next year, with enough stereo orders already to run at full production well beyond the current quarter, they expect Seeburg to triple earnings...