Word: rates
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Dates: during 1930-1939
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...rate, the term "Baby Clipper" was applied first to the Fairchild amphibian when the first of a fleet of six for Pan American Airways was announced. [It was designed . . . to meet special operating requirements which exist along certain river routes. CHARLES H. GALE...
...application of the principle of a graduated [income] tax now stops at $1,000,000 of annual income. In other words, while the rate for a man with a $6,000 income is double the rate for one with a $4,000 income, a man having a $5,000,000 annual income pays the same rate as one whose income is $1,000,000. Social unrest and a deepening sense of unfairness are dangers to our national life which we must minimize by rigorous methods...
...Bank of Englewood, Ill. which boasts 100% liquidity (cash & Government bonds). When breezy Banker Nichols heard last year that National Bank of Commerce of Houston, Tex. was 80% liquid, he wrote to RFChairman Jesse Jones who controls the Houston bank: "Atta boy. Keep up the good work. At the rate you are going it won't be long before we are both 100%. While you are crooning the rest of the bankers into supporting floundering industry, you and I can pull for shore. The idea is a honey...
Most big shopkeepers admit that a "loss leader" is sometimes good business. Customers attracted to a store by the cut-rate price of one product linger to buy other products on which the store can make a profit. But "loss leaders" become a large hole in the profit bucket when customers throng a store to buy only the "loss leader" and nothing else. Forcefully last week was this axiom brought home to scores of cut-rate storekeepers in Los Angeles, home of some of the fiercest price wars...
...punish the cut-raters. Full-page advertisements appeared in Los Angeles newspapers announcing that Safeway would pay standard prices for butter, bacon, sugar, shortening and a long list of other items which other grocers were offering as "loss leaders." This meant that housewives could buy "loss leaders" at cut-rate stores, walk around the corner and sell them at a profit to Safeway. Merchandise began pouring into Safeway Stores a few minutes after the early editions carrying the announcement hit the street. For Puritan bacon sold by competitors at 18? per Ib. Safeway was offering 34? for 3-lb. Crisco...