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...York City is the greatest single liquor market in the U. S. It is also paradise for liquor retailers, whose 40% markup is the country's highest. Ever since New York State legislators passed the Feld-Crawford Act (1935) New York City has also been No. 1 test tube for price-fixing laws. Under the Act (similar to price-fixing laws in 42 other States), prices of all trademarked articles can be price-fixed "vertically" by agreement between manufacturer and retailer...

Author: /time Magazine | Title: TRADE: Liquor War to the Finish? | 9/23/1940 | See Source »

...another over the price at which Indianapolis common could be sold. Indianapolis' 1939 earnings were $2.05 a common share, its dividend $1.60. Upshot of the haggling: the bankers bought 714,835 shares of Indianapolis for $22 a share, agreed to sell it to the public at a $2 markup, for $17,156,040 in all. To Atlas, the sale of U. P. & L.'s Indianapolis stock meant cashing in on around $10,000,000 that had been frozen in U. P. & L. To utilitarians, underwriters and SEC, the deal was a test case, whether the public would...

Author: /time Magazine | Title: UTILITIES: Indianapolis Sold to the Public | 4/15/1940 | See Source »

...expanding economy, the public is now buying at the rate of about 50,000,000 tires a year. In the first half of 1939, the industry sold 9,217,000 tires at little enough profit to the hard-bargaining auto companies, and 17,188,000 tires at a better markup to the public. Last week its big producers were able to report quite satisfactory profits...

Author: /time Magazine | Title: Business: Rubber 1939 | 8/21/1939 | See Source »

...interested in knowing of the further progress of the 10% pamphlet we made reprinting FORTUNE'S now famous article of the international munition business, "Arms and the Men." Because this pamphlet is sold at cost, it is not available at bookstores (who would have to add their markup, charge about 16(!). "Arms and the Men" can be had only by sending io(' to Garden 'City, and the only notice that it can so be had appeared in the correspondence column of TIME, yet it is selling faster than Anthony Adverse. Our first printing of 2,500 copies...

Author: /time Magazine | Title: Letters, May 21, 1934 | 5/21/1934 | See Source »

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