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Word: couponing (lookup in dictionary) (lookup stats)
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Black Gasoline. Though misuse of a single gas-rationing coupon risks as much as a $10,000 fine and a year in jail, rackets in gas coupons have been the most flagrant of all, are bound to get worse as the oil-rich west is subjected to rationing. In New York City OPA broke up a gas-coupon pool that sounded like the Al Capone days, included gangsters called "Red," "Lefty," "The Mutt" and "Bananas." A Utica ring stole 8,450 "B" and "C" books, peddled them through a long chain of New York City racketeers who kept hijacking them...

Author: /time Magazine | Title: GOVERNMENT: Black Markets | 12/21/1942 | See Source »

...source for bootleggers, OPA has just about dried up the stolen-coupon pool. OPA hopes that the new requirements for ODT approval of truck and taxi mileage will undercut the other big source - commercial operators who get more than they really need, "lose" ration books etc. Boot leg coupons are usually sold (for 3-5? a gallon) to gas stations which pass the gas on to unwitting joyriders as a "favor" (at a 100-200% markup over cost...

Author: /time Magazine | Title: GOVERNMENT: Black Markets | 12/21/1942 | See Source »

Black Sugar. Because the sugar ration is more than enough for most householders, the black market - and its source of supply - is confined largely to big industrial users at the wholesale level. Biggest buyers are illegal operators of stills. Biggest sources: coupon counterfeiting and industrial users who have excess sugar through false applications, undeclared inventories, etc. Most spectacular arraignment so far: New York City's ex-convict and bootlegger Waxey Gordon. Fortunately, U.S. Treasury Alcohol Tax Unit sleuths help it track down illegal sugar traffic...

Author: /time Magazine | Title: GOVERNMENT: Black Markets | 12/21/1942 | See Source »

...Coupon number five in the H.A.A.'s little book will admit all students who brave the cold winds and trek to the Skating Club, located on Soldiers Field Road...

Author: By Irvin M. Horowitz, | Title: Varsity Hoopsters Face Brown; Pucksters Meet Underdog Tech | 12/9/1942 | See Source »

Four thousand gasoline and sugar wholesalers and sugar retailers in the guinea-pig area opened ration-coupon accounts with their banks, began depositing, for pound and gallon credit, the coupons they had received from customers. Tellers counted them as carefully as dollars and cents, made up special ration-banking statements for the depositors and OPA. Bank guards deposited the coupons in the bank's vaults, from which they will be removed and burned by officials at two-week intervals to prevent a huge paper accumulation. To replenish their stocks of merchandise, depositors began to write the first of many...

Author: /time Magazine | Title: Ration Banking | 11/9/1942 | See Source »

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