Word: discounts
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Dates: during 1950-1959
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...Discount Rate. In Baltimore, Anna Foll testified that her estranged husband, Albert Foll, waited until she cashed her $75 weekly alimony check, then forcibly took the money away from her to pay the next week's alimony installment...
SEARS, ROEBUCK & CO., an old hand at the high-volume, low-margin selling practiced by the new discount houses, is slashing back at the upstarts. It will indirectly cut prices by giving away merchandise certificates with some of its major appliances (e.g., a $38 coupon with a $384.95 refrigerator...
Though the place and method of application are the same, the price for seats is different. Since the game is away, there will be no free tickets issued. Student tickets will be sold at a discount and cost two dollars; an extra will cost five...
DEPARTMENT STORES are getting ready for a showdown price war with discount houses. In St. Louis the three biggest department stores slashed prices to discount-house levels, but continued such services as free delivery and charge accounts. In Detroit and other cities department stores are also cutting prices to meet the discounters' competition. Predicted the National Retail Dry Goods Association: the price wars will spread...
Britain, which had to devalue its currency in 1949 to encourage the inflow of dollars, has decided that dollars are no longer needed so badly. Last fortnight the Bank of England put an end to a special inducement for foreign capital by cutting the discount rate (at which it lends money to private banks) from a relatively high 3½% to 3%. Last week West Germany's central bank followed suit. The effect was to reduce the interest that dollars (and other currencies) can earn by going abroad. At the same time, the cut meant lower interest rates...