Word: price
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Dates: during 1940-1949
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...Showman Billy Rose thought that a Frans Hals painting was his for $20,000. But from the auctioneer's pulpitlike rostrum, Parke-Bernet's President Hiram H. Parke sedately cajoled more bids. "What's the matter," called Rose, "you got a stiff arm?" Not until the price had risen another $10,000 did Parke's arm loosen up enough to bring down the hammer and sell the painting to Rose...
...week, Hudson unveiled a smaller, cheaper car to compete with Pontiac and Dodge. The new Pacemaker looks like current Hudsons, but has a shorter wheelbase (119 in. v. the Super-Six's 124), a shorter hood, smaller engine (112 h.p., six-cylinder), and a lower ($240 to $265) price. It ranges from $1,675 f.o.b. Detroit for the three-passenger coupé to $1,795 for the four-door sedan...
...year the demand for cars is still near the top. After a consumer survey, the Federal Reserve Board predicted that there would be peak auto sales at least until the middle of 1950. One reason is that more people can afford autos than prewar. Explained FRB: while the retail price of the three leading lowest-priced cars went up an average of 65% between 1941 and early 1949, U.S. family income increased more than 100% (from $1,500 to $3,100) in the same period. On top of that, said FRB, some 20 million out of the 27 million autos...
Representative Melvin Price (D-Ill.) told the CRIMSON yesterday that "it is very difficult to get Congress to pass a draft act during peacetime. It was very difficult to get the present law passed two years ago, and it will be impossible now that there is no need...
...current law expires on June 24, two days after the College's graduation exercises. According to the act, students could legally be conscripted during those two days, but Price predicts that "there will be no more drafting unless the international situation gets very...