Word: cuts
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Dates: during 1940-1949
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...fifth member" of the quartet, who, as far as the playing members are concerned, is currently making discords in the wings. Since January, the pianists have been trying to get out of their contracts with Manager Edwin Fadiman (Clifton's brother), who, they claim, gets too big a cut of the receipts. The receipts were nothing to trifle with; last year the quartet made close to $240,000 in concert tours, radio and recordings...
...business, had gone $96,000 into the red since November and his huge lot looked empty. He had only 110 cars on display v. nearly 400 in November. Like other dealers, Bert had been unloading his stock as fast as he could, even at a loss. He had cut his payroll from 161 to 31; even so, his men had time, as well as cars, on their hands...
...Dallas' Ross Avenue, Dealer Gene Goss ("Goss on Ross, the Tradin' Hoss") was just as idle. In San Francisco, "Horse Trader" Ed Shapiro, the city's biggest used-car dealer, was singing the blues. He had cut the price of an "almost new" 1948 Buick convertible, which he bought six months ago, from $3,295 to $2,395-and he still had it. Not long ago he sold "new-used" Packards for $200 above list price; now he is getting $800 below list. Among 1949 cars, only the Chevrolet still commanded a premium (about $300) over list...
...more offering bigger trade-in allowances than they could get for the used cars. By summer's end, some of 1949's new cars would be showing up on used-car lots, to add to the glut. Both new-and used-car dealers would probably have to cut their prices still more...
...York's State Liquor Authority took away Levine's license for ten days. Levine cut prices again and the board again suspended him. After a third offense last March he lost his license...