Word: markup
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Dates: during 1950-1959
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...Markup. So many ailing people in & around Chicago flocked to buy that in 1944 the Vrilium Products Co. was formed to manufacture and sell more Magic Spikes. Former Mayor Ed Kelly wore one to the 1948 Democratic National Convention, and credited the healing of a bone abscess to its power. Other wearers included Municipal Court Bailiff Al Horan and Illinois State Senator William J. Connors. Exact sales figures on the Magic Spike are unknown. Osteopath Raymond Kistler of Wyandotte, Mich, admitted that he bought 150 at around $150 apiece, resold them...
...cheques, American Express is best known for its globe-circling guided tours, which provide transportation, hotel rooms and food (but no liquor) at fixed rates. The company makes its profit not by charging travelers a fee but by getting "wholesale" rates on hotels, etc., and taking a "retail" markup. This year thousands of Americans will take 167 different tours, ranging in price from $10.95 for a two-day trip through New York City to $2,338 for a 68-day jaunt through ten European countries. The most popular: two-week "Banner Tours" through the West...