Word: lures
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Dates: during 1950-1959
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...them into line. Prices on many items sold by other retailers would undoubtedly go up as Fair Traders cracked down on stores which had been selling at cut rates (TIME, June 4, 1951 et seq.). However, many a manufacturer with overloaded inventories has found that the only way to lure customers in was to let retailers cut prices. While consumer items remain so plentiful, Fair Traders may have a tough time making the new law stick...
...back into the pack. Another rumored reason: the cartel had been pouring capital into gold mines, and might well have been short of cash to support the diamond market in a price break. Sir Ernest Oppenheimer's son Harry flew to Williamson's mine in Tanganyika to lure him back. But Williamson, a diamond-hard bargainer, could not be cracked. So tough old Sir Ernest himself took charge. In Johannesburg last week, Sir Ernest announced the result: Williamson had agreed to start selling through the cartel again. The terms of the new agreement were secret...
...students somewhat differently," von Stade continued, "we often decide on the same men." This competition leads some administrators to fear that scholarships will eventually be used for embellishment rather than assistance. With several colleges seeking the same man, a stipend of $600 to $100 may serve merely as a lure. Of course, the element of need often results in the joint awarding of scholarship funds by several schools, what these officials fear is that this money may some day be used as a fancy red ribbon to attract the "glamour boys." at the expense of the needy student...
...great oil boom has also churned up a parallel treasure hunt in the nation's securities markets. For investors, oil's lure is threefold: 1) as wealth in the ground, where its value is likely to keep abreast of inflation, 2) as the raw material of the new petrochemical industry, and 3) as the beneficiary of a "depletion allowance" which permits 27½% of income from producing wells to be plowed back before taxes are computed, thus giving oilmen a tax edge over most other industries. As a result, in two years the stocks of some...
...patterns are emerging. Birmingham reports that Northern mills are sending agents into the South looking for business as a hedge against expected surpluses. Giant Bethlehem Steel Corp. has sent teams of salesmen to the Chicago area hunting up trade. In Detroit, warehousemen are offering to absorb freight costs to lure buyers in the Gary and Cleveland markets...