Word: prices
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Dates: during 1940-1949
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...year's end, Business & Finance had to go directly to the sources (the Federal Reserve Board, the Bureau of the Budget, the Departments of Commerce, Agriculture, Treasury in Washington, etc.). Figures for the last few months were very important this year because of diminishing department store sales and price cuts, which indicated a change in the economy. Otherwise very little querying was necessary beyond a check-up on Detroit's auto industry and the layoffs in Cleveland and Cincinnati...
...time being, contributors will get modest pay. But lucky Ludwig Bemelmans was allowed to name his own price for a parcel of text and sketches. Said Charlie: "He charged us two cases of champagne, six bottles of brandy, a jar of Coronas and a box of sleeping pills...
...Department of Agriculture estimated that the winter wheat crop would be a near-record 964,808,000 bushels. That could mean a whopping surplus piled on top of this year's surplus. Although the Department had urged an 8% cut in winter wheat acreage, farmers (spurred by the price support law) had increased their acreage by 5%. It would cost taxpayers millions in support payments...
...booming television industry (see RADIO & TV) was hit last week by its first big wave of price cuts. U.S. Television Manufacturing Corp. lopped 13% to 22% off the prices of three bestselling models. Next day the industry buzzed with reports that RCA was about to bring out a set with a 16-inch metal viewing tube that would give twice as big a picture as the ten-inch tube used in most sets. Emerson and Stromberg-Carlson were expected to follow suit. The reported price for the RCA set: around $500, or $195 less than U.S. Television's slightly...
This week, Chicago's Admiral Corp. announced that it would put out a console combination (radio, phonograph and ten-inch televiewer) at $399, by far the lowest-priced combination to date. Admiral's President Ross Siragusa said his company would soon follow up with cheaper models down the line. Other manufacturers conceded that ten-inchers, which now sell for $325 to $375, would have to be slashed and other models generally reduced to meet competition. Some dealers were already advertising "no charge for installation," "free inside antenna" and "90day free service" in an effort to clear their decks...