Word: marketing
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Dates: during 1950-1959
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...Macon Theater was the first major business to close its doors-to both its "separate but equal" wings. For food, Negroes queued up at small Negro-owned markets or shared rides to neighboring Auburn and Columbus. Tuskegee's Fortune Fish Market shut down. Then Cooper's Market, on the town square, folded, along with a Texaco service station and the David Lee Clothing Store. White clerks began counting their days at idle five-and-ten counters. Some clerks lost their jobs. Merchants advertised special sales, open credit, looked in vain for expected "sympathy motorcades" of white shoppers from...
...supply U.S. housewives on washday, six U.S. companies and nine competing foreign nations manufacture spring-operated clothespins at the rate of 791 million a year. Last week, to please the six U.S. companies-and protect a market worth less than $4,000,000-at the risk of offending Sweden, Denmark, West Germany, Yugoslavia and five others, President Eisenhower doubled the tariff on imports of spring clothespins to the U.S. Concurring in a Tariff Commission finding that domestic industry was "injured" by rising imports, he raised the tariff from 10? per gross to 20? per gross, to give "appropriate relief...
...domestic sales, as the President himself noted, "have increased in recent years, reaching an alltime high last year." But despite this, domestic producers have campaigned for strict import curbs ever since 1949, complaining of low wages abroad and their own high costs. However, imports' total share of the market in 1956 was only 29%, and the "serious injury" the U.S. companies complained about amounted to barely an 8% increase in five years...
...door to competition was opened for Mortgage Guaranty by the FHA's rigid interest rate, set by Congress at a maximum 5¼%. In the tight-money market, banks and lending institutions have increasingly passed up FHA-backed loans to get the higher interest rates on unguaranteed mortgages. This has made it harder for many would-be buyers who were not top credit risks to get mortgages. Milwaukee Real Estate Lawyer Max H. Karl, 47, and Real Estateman S. W. Kallas, who founded Mortgage Guaranty last April, thought that a private firm could fill the gap. Friends, relatives...
...Market Crash. In San Bernardino, Calif., as he and a sheriff's officer chased a burglar through his supermarket, Owner Charles R. Barmlett drew a careful bead on the thief, fired his revolver, wounded the deputy in the thigh...