Word: generalized
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Dates: during 1950-1959
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...faster still in construction (up 26%). In trade, the supermarket has cut the total number of food and related stores by 14%, but with many more new products to be distributed there has been an 18% expansion in the number of wholesaling concerns. Since 1951, old-fashioned general merchandise stores have declined 9%. But with more and more people on the go, restaurants are up 4%, automotive retailers 20%. Meanwhile, U.S. consumers, spending more on their persons and their surroundings, have caused the number of service trades firms to expand 18%. A,nd the rise in property ownership has caused...
Grey Market. Across the nation last week as manufacturers scrambled for steel, there was a growing grey market, with prices of some steels up to $250 a ton, almost double the list price. Layoffs caused by lack of steel continued to mount. General Electric Co. began laying off 1,400 workers in its heavy appliance manufacturing center at Louisville, said it will have to close down its entire operation employing 11,000 unless the steel strike ends within three weeks. Allis-Chalmers Manufacturing Co. last week laid off 521 workers at two Midwestern plants, will drop 1,200 more...
...shores next summer. At least, the swimsuit makers think so. At their showing of suits for winter resorts and next sum mer, makers ranging from big Catalina, and Cole of California, to Manhattan's petite Margaret Pennington, were plainly convinced that the Bikini, and two-piece suits in general, will be the brief thing to wear. Reasons: the rise in private pools, the step-up in travel to Europe, which has broadened the U.S. woman's taste while relaxing her modesty, and the huge increase in dieting to keep in trim. More women can afford to show more...
...General Motors last week announced that it is holding the line on prices, showed no increases for the first time in eight years. Chevrolet has held the line on all six-cylinder models and reduced V85 by $10. Chevy's Turboglide automatic-transmission price was cut $30 and its radio $13.50. Buick, Oldsmobile and Pontiac also made cuts in optional equipment...
...free bowling, also tossed in lessons, coffee and baby sitting on the house. By following this pattern (often adding closed-circuit TV for mothers to watch their children in the nursery from the lanes), alleys have made it possible to fill once-idle morning hours with women bowlers. Explains General Manager George Paul Smith of Scioto Lanes outside Columbus, Ohio: "If we don't get the women we're through...