Word: marketing
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Dates: during 1960-1969
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...finally convinced Columbia Records that one of his prison visits would make a successful on-location recording. He was right. In the four months since it was released it has sold more than 300,000. Perhaps more significantly: it has sold far beyond the usual boundaries of the country market. This is not entirely new for Cash. In his dozen years as a top recording performer, he has broken out of the country category with nationwide pop hits several times before (I Walk the Line, Ring of Fire). But the Folsom album seems to appeal to a wider, more diverse...
...appeared before the Securities and Exchange Commission during its eight-week-old inquiry into brokerage practices, it was only natural that they denounced government proposals to change the system. Big Board President Robert W. Haack warned that abolishing the minimum rates would cripple the world's largest securities market, with damaging consequences for brokerage firms and investors alike. "I have no doubt," he said, "that the securities markets as we know them today would cease to exist." The government and Wall Street thus reached a point of tense confrontation in the bitterest clash since the Pecora investigation...
From time immemorial the European peasant has prayed for plentiful harvests. Yet plenty has not necessarily been good for the Common Market's 11 million farmers. Blessed by good crops and improved farming techniques, they have accumulated huge surpluses of agricultural products, and are swamped by tomatoes, cauliflowers, apples, plums and pears. In Germany alone, the government has had to buy and store some 80,000 tons of surplus butter, which is now known as the Butterberg (butter mountain...
Quiet Advice. The country hardest hit by sisal's decline is Tanzania, the world's foremost producer, which supplies 35% of the world market, or about 220,000 tons a year. Last year, when Tanzania nationalized sisal plantations in an attempt to control its traditional No. 1 crop, scores of white settlers were left without compensation. Now the Socialists in Dar es Salaam are quietly advising some ex-sisal farmers that they can have their plantations back. The government has decided that it is better, after all, for the individual entrepreneur to lose money than...
...bumbling hero, Sam Fong, is the perfect dupe. Trapped in an East African revolution, he gives up his vocation as a carpenter and buys a worthless grocery store from a wily Indian named Fakhru. Fakhru fleeces Fong daily, ultimately conning him into buying 27 cases of black-market UNICEF milk, on the unlikely chance that the regular milk train will be derailed by revolutionary terrorists. Meanwhile, Fong becomes a political pingpong ball in a riotous contest between Chinese Communists and American agents, both of whom have somehow concluded that Fong is a pivot in the ideological struggle between East...