Word: prices
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Dates: during 1940-1949
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...Joyce's British partners, for example, after training at his Pasadena plant, managed to boost their own man-hour output by 50%. The result: Joyce footwear that sells in the U.S. for $2.95 to $10.95 sells for only a little more in Britain, which is about half the price of competing models of equal quality. By combining quality and economy, Joyce has built his foreign income until it accounts for about one-third of his gross, by shrewd arrangements collects it in dollars. "What I am exporting," says Joyce, "is technique...
...Jolla pays its top stars an Equity minimum wage (lesser names get their regular price), sticks to a modest budget and limits itself to one set per production. But sometimes Hollywood will out. When Jennifer Jones starred last season in Serena Blandish, Angel Selznick insisted on surrounding his favorite actress (later to become his wife) with a cast that included Cinemactor Louis Jourdan and such polished stage veterans as Constance Collier, Mildred Natwick and Reginald Owen. He also insisted on gowns by Jacques Fath and five sets. The show drew capacity crowds throughout its run-and lost several thousand dollars...
Caught between an irresistible force and an immovable object, the American Woolen Co. has long had a squeezed feeling. Irresistible force: the demand of consumers, retailers and clothing manufacturers for lower prices. Immovable object: the sky-high postwar price of Australian fleece, up some 120% since 1939 (TIME...
Other TV manufacturers were not standing still. To snag the high-price trade, Du Mont Laboratories, Inc. last week brought out a console model with a 19-in. tube (the biggest ever made), to sell for $725. Magnavox Co. bragged that its three new 16-in. sets had the largest picture area (148 sq. in. v. the usual 126) of any 16-in. set now on the market (prices: $399-5° to $595). Westinghouse Electric Corp., to calm dealers' fears of inventory losses, adopted the policy of guaranteeing its television dealers against loss on any price cuts that...
After that the bidding went on & on until Greece finally accepted canny Mahmout's price of $250.50 a mule. The Turk boarded a plane for Washington to collect his dollars. But he had underestimated the resourcefulness of U.S. mule skinners, such as Kansas City's Ferd Owen, biggest trader in the U.S. (TIME, July 14, 1947), and Texas' big dealer, Parker Jameson Horse & Mule...