Word: market
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Dates: during 1950-1959
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...University disclosed last night one of several suggested plans of development for the MTA Yards property, which it has publicly offered to purchase at a premium of $1 million above current market value...
Evil Days. When it was called Massey-Harris, the firm captured a major, market in the late 1930s by coming out with the first self-propelled combine, began manufacturing tractors abroad after World War II, just in time to cash in on rising worldwide demand. But by 1956, poor management, complacency and half-hearted selling had put it far behind competitors. As sales fell, inventories rose so high that it just about ran out of cash...
...Standard Motor Co. Ltd., and the diesel engine facilities of England's F. Perkins Ltd. The firm has expanded its operations in France, doubling its stockholdings in Standard-Hotchkiss, a French tractor maker, to 50%. But energetic Al Thornbrough still looks to the U.S. for the even bigger market that Massey-Ferguson must have before it can shuck all its troubles. He has purchased Mid-Western Industries of Wichita, Kans., a leader in the light industrial-equipment field, doubled the size of the Detroit tractor plant. Before long, he will announce a brand-new line of larger tractors designed...
Steadfast Bra. The first bra on the market with Velcro, the nonmetallic, zipper-like fastener made of thousands of tiny nylon hooks and loops (TIME, Sept. 8), is being test-marketed by Charmfit of Hollywood. The bra fastens in the front, thus can be easily put on. Cost...
Automatic Fisherman. An automatic, spring-triggered fishing-rod holder for lazy or busy fishermen was put on the market by Automatic Fish Rod Manufacturing of Detroit. The holder can be adjusted for small, medium and heavy fish, automatically snaps to a vertical position and sets the hook at any bite on the line. Price...