Word: marketing
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Dates: during 1950-1959
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Confident that better days are coming, Allied Chemical, & Dye Corp. and Kennecott Copper Corp. are going ahead with joint plans to construct a $40 million titanium production plant. But most makers figure that the large civilian market will be slow to develop. Said one titanium maker last week: "Everyone is scrambling for new markets. I don't know where we will go from here...
COLOR-TV SALES are doing so well after slow start that RCA will bring out five new models, expand its line to 16. RCA says sales are 200% over last year, but mass market is still far from being tapped...
Said West Germany's liberal daily Frankfurter Allgemeine last week: "The Federal Republic is becoming an international finance center comparable to New York and Zurich." What prompted such proud talk was the flood of foreign money that has poured into West Germany and sent its stock market off on a sharp rise. By last week, the official index of all shares had risen from 169 to 180 since June, and many industrials had piled up gains of 20 points or more. Chief reason for the influx of capital: persistent rumors that West Germany's superstrong Deutsche Mark will...
Some foreign investors pass up the stock market, buy up large amounts of marks. Said a Dusseldorf banker: "The other day a Norwegian walked in with 2,000,000 DM he had bought and asked us to keep it until the day when it might suddenly become a much larger sum." Throughout the world, foreigners who have bought goods from West Germany are paying their bills with unaccustomed haste to beat any possible revaluation, and sellers to West Germany are letting their debts go in expectation of revaluation profits...
...added a touch: they could pick and brand their own steaks before broiling. To expand the Prince estate income, he went into industrial research. One Prince project has developed a safe, cheap method of liquefying and shipping methane gas, which Continental Oil Co., in a joint venture, hopes to market in a year in areas that have no natural...