Word: pocketing
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Dates: during 1940-1949
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...their dinner pails, or who raid staked claims which are not yet producing. They peddle their loot to "receivers" for about $10 an ounce. The receivers melt the stolen ore into "buttons" worth $4,000 to $5,000 each. Then "carriers" tote the buttons, usually hidden in multiple-pocket corsets, into the U.S. Most of the gold reaches New York City, where refiners pay $30 an ounce for it, sell it in turn to the U.S. Treasury...
...book business is booming as never before. In spite of paper rationing, 250 million books were produced last year. Homebound civilians have thumbed books up toward the entertainment class of movies, radio and magazines. The Army & Navy are stimulating a book-reading habit by distributing 3½ million pocket-size books* a month to the armed services...
...reprint editions. In 1938 Doubleday, Doran & Co.'s various reprint subsidiaries (Star Dollar, Blue Ribbon, Triangle, etc.), not content with slow distribution through the nation's 1,000-odd wholesale booksellers, branched out through Woolworth and other chain stores, aiming at some 7,500 distributors. Pocket Books Inc. (25?) with 70,000 outlets through news dealers, last week sold its 100,000,000th Pocket Book, while paying out its first $1,000,000 in royalties. Simon & Schuster Inc. made publishing history one year ago by printing, simultaneously, two versions of Wendell Willkie's One World...
...Pocket-size books save on paper, composition, binding (many are glued, or "perfect bound" like telephone books, rather than stitched). But the big difference comes in spreading out the production cost. A $2.50 book (normal printing: 10,000) may cost 40? to produce, a 25? book (normal printing...
...Battle Begins. As a preliminary move, Marshall Field hired bookwise Freeman Lewis away from Doubleday, Doran as a "consultant." After long, secret conferences with Pocket Books and with Simon & Schuster (whose officials own 49% of Pocket Books), Publisher Field turned a covetous eye toward Grosset & Dunlap. He was just too late...