Word: low-cost
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...Canadian-born Willard Garfield Weston, 56, owner of Fortnum & Mason and boss of Britain's huge Allied Bakeries, who is known throughout the empire as "the Barnum of bread." If ABC stockholders approve, Baker Weston will pay $8,120,000 for ABC, one of England's biggest low-cost restaurant businesses, second only to Lyon's Corner House chain. Through Allied Bakeries, Weston already controls the United King dom's biggest bakery chain (10% of all Britain's bread, 20 million biscuits a day), with 1954 sales of $154 million and profits...
...west Berlin, an increase program for 100,000 attractive, low-cost dwelling unties already well under war, while all the East offers is Stalin Alee, a mile or so of sterile masses of leaky buildings. Party faithfuls live here. The few with money patronize the exorbitant restaurants--"Warscham" and "Budapest." Houses of Culture, statue of Stalin, and a network of loudspeakers round out the scene...
Criterion Defined. Can U.S. industry compete with low-cost foreign labor? Yes, said Percy. "The true criterion of cost is not dollars or cents per hour of labor but rather total labor cost per unit produced." For example, when Bell & Howell paid its workers 40? an hour years ago, it turned out a movie camera for $49.95. Now, though it pays upwards of $2 an hour, the company still can make a $49.95 camera, and a better one at that. Reason: "The highly paid American worker has become the most efficient in the world, two to ten times as productive...
...which it would resell to the other companies), leaving 440,000 kw. for the federal-power network. Total cost to the company for the Mica Creek dam: $700 million, which it would pay off at the rate of $14 million annually for 50 years through the sale of low-cost power...
Ferry's plan calls for low-cost rooms and communal bathrooms to be built in the extension. Such an addition would make Winthrop a long, curved building with four wings jutting toward the river...