Word: nickels
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When that midnight-snacker pays an extra nickel for a hamburger seven times a week, he is only buying a little time for that thirty-five cents. No great load of hamburg will ever be dumped on the market as long as cattle-raisers have reason to expect greater profits by holding off. By refusing to pay for the luxury of immediate delivery, by making it a point to get by only on cheaper products through trade with more conscientious merchants, today's customers will find their coffers lined with more than cobwebs when tomorrow's sunnier hours arrive...
...Organized buyers' strikes threatened in several cities, but failed to develop. But an unorganized one did, in miniature. In Phoenix, Ariz. tricycling vendors boosted their price of ice cream sticks by a penny. Result: moppets refused to buy. By the third day the price was back to a nickel...
...like mushrooms after a spring rain. By the end of last week, prices had inched up throughout the country, steak to two dollars a pound, butter to seventy-five cents. On the local scene, food prices in Harvard Square beer parlors and short order places quietly went up a nickel here, a dime there. Chicken feed, a mere beginning...
...early twenties. That strike was won, the inflationary spree was halted and prices levelled off. It could be won again. Last week, a group of school children in a Middle Western town conducted a strike against the corner drugstore because the druggist had upped "cokes" from a nickel to a dime. After three days, the druggist capitulated and the price reverted to a nickel...
...admission, Manhattan's pink knight among newspapers, the hyperthyroid tabloid PM, has everything it takes to be a great newspaper-except readers. Its 165,000 nickel-a-day "shareholders" (over 200,000 pay a dime on Sundays) make up a weekly $60,000 pot, but each week some bills go unpaid. For most of PM's six years, Marshall Field has been standing off the sheriff. Some weeks the gesture cost him $40,000. By last week, founder-editor Ralph Ingersoll's* pamphleteering paper had set back his benefactor...