Word: markup
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...prewar mark-up of 22-25% on cars was cut to 12-13% by losses on high trade-in allowances. For the next few years Bowles thought that dealers would be able to keep trade-in allowances low. Thus they could get along with a smaller new car markup, more than make up any difference by greater volume. Last week the Ford Co. added weight to Bowles's argument. It announced that it already has orders for 300,000 cars...
...late Moe Annenberg's boys, were moving in. Sporadic violence flared around the Daily News plant. In midtown it suddenly became easier to buy papers, especially the News and the Times; boys and old men were posted at street corners, peddling papers at a 100 to 150% markup...
Steel. To help offset the boost in wages granted in December to steel workers, steel producers were allowed to make another increase in their prices. Last week OPA approved a price rise of $1 a ton for pig iron. In theory, this $60-odd million markup was simply a bookkeeping transaction; most steel companies make their own pig iron, thus will bill themselves for the added cost. But in good bookkeeping practice, this big hike in the cost of steels' raw material must be translated into higher costs of the finished product...
...sold its last radio, Petree asked his employes for suggestions on how to use the empty floor space. One suggested selling small portable bars made of non-strategic materials. Now, in the flashy Red Elephant Room, bar sales are grossing the company nearly $250,000 a year. The markup is 50%-far greater than on radios. When pianos disappeared, Petree scoured the East for antiques, fixed them up, sold them at handsome profits...
...Baltimore Tom Moore hit a high of $200 v. its $27 1943 low. But before the ordinary stockholder can drink his dividends, he must pay State and Federal taxes, have the bulk liquor shipped around to bottlers, labelers, wholesalers and retailers (who are entitled to the regular 33⅓% markup...