Word: price
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Dates: during 1940-1949
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...Newly mined U.S silver does not enter the free market. The U.S. Mint buys it at a subsidy price of 90.5? an ounce...
Despite the setback, RCA would not admit defeat. This week it announced a $1,000,000 ad campaign to plug its 455. At the same time, RCA will cut the price of its record-player attachment from $24.95 to $12.95. But RCA is a little late. Three months ago Columbia brought out an LP player attachment...
Besides stock brokerage accounts, Merrill Lynch hoped to interest prospective traders in the commodity futures market, showing farmers that they could use it to protect them against unexpected price breaks and get better prices for their crops. One farmer who listened to an explanation of how General Mills buys & sells futures, not to speculate but to hedge itself against inventory losses, commented: "And here I thought all the time that they were just playing craps with my corn...
...capital gains instead of paying taxes on current income" ("you have to sell out"); 2) the problem of paying inheritance taxes. As the two partners owned almost all the corporation's stock, the shares had no established market value. A public sale, said Vandeveer, would have brought a price far below the company's worth as a going concern. Yet it was precisely Allied's value as a going concern which the Government would have used as a basis for inheritance taxes. Since these taxes "would have greatly exceeded the estate value . . . held outside of Allied...
...Macon (Ga.) News (circ. 14,773) thought he knew what the "Newspaper of the Future" would look like: departmentalized news (like a newsmagazine), and no newspaper-style headlines. Fortnight ago, for one edition only, Parham decided to let his readers peer into the future. The eight-page issue (price: 5? ) carried the news in seven departments (Local, State, National, Foreign, Sports, Markets, Life), topped stories in each department with drab, label-style heads (e.g., BRITAIN COAL STRIKE). Instead of the usual 24 stories on Page One, the News crowded...