Word: priced
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Dates: during 1930-1939
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...worth the price of admission to see first-hand what Grover Whalen and his gigantic organization has accomplished and how efficiently the enterprise continues to be managed...
Although only Packard had announced its prices at last week's end, price cuts below 1938's levels were likely to be made in other lines. Last spring, when the steel industry was bogged down in a soggy market (TIME, May 8), it pulled its production rate out of the bog by making concessions to hard-boiled motormakers' buyers: an average of about $6 a ton below published price lists. The steel industry, more worried about production than prices at the time, also guaranteed its concessions to the end of this year. By piling...
...last June heavy-jowled Oilman Harry Ford Sinclair, sick & tired of the red ink on the ledgers of his sprawling Consolidated Oil Corp., fixed his steely blue eyes on the brawling petroleum industry and made a statement for all to hear. Said he: "The price of [finished] products must go up or the price of raw material must go down...
...saying, he upped the price of his principal finished product (gasoline) by a half-cent a gallon in 42 States where Consolidated's wholly-owned subsidiary, Sinclair Refining Co., has filling stations. This was an invitation for the rest of the business to follow suit and get some of the profits in a year when motor fuel sales were running nearly 5% over record...
...followed where Harry Sinclair led. Standard of New Jersey, Atlantic Refining Co., many another big operator stood pat. Within a few days Sinclair Refining had to drop its price to the old levels in the marketing areas of all the other big companies...