Word: retail
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Dates: during 1930-1939
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...represents 7% of the total cost of the car, but 11% of the balance after the first down payment of $400. Credit companies also finance automobile sales between wholesalers and dealers. Lately this business has expanded in volume. But on the basis of funds employed, retail financing continues to be the major source of income. Wholesale and retail automobile credits are not the only items in the business of Commercial Investment Trust and Commercial Credit. The companies finance industrial equipment sales including machines and heavy goods, sales between textile manufacturers and merchandisers, hundreds of other miscellaneous transactions. However, automobile financing...
...This," grinned lanky Inventor Waterman after his demonstration, "is the plane that designers said was impossible." He has been experimenting with airplane design for 25 of his 41 years, has spent three years on his present ship, believes it could retail for $800 if produced in quantity...
...additional block to a slick group of Chicago promoters now known as John J. Burke & Co. Burke in turn optioned the stock to other stock-jobbers variously doing business as Gould & Co., Kopald, Quinn & Co. and Kenyon & Co. (McCormick & Co. until SEC cracked down on them once before). These retail firms proceeded to sell Stutz stock to citizens of the Midwest on an installment plan, 50? on the dollar down. Meantime John J. Burke & Co. strong-armed Stutz stock in the open market from about $4 per share to more than...
...Then began a slow upturn. U. S. piano sales last year were 44,000; this year they may reach 60,000. And last week when 2,000 people gathered in Chicago for three conventions, the National Association of Music Merchants, the National Association of Sheet Music Dealers, the National Retail Musical Instrument Dealers Association, even the piano men began feeling allegro giocoso. President Edwin R. Weeks of the Music Merchants blithely buried the Jazz Age, declaring that "dreamy, tuneful melodies" are now the thing. President Robert A. Schmitt of the Sheet Music Dealers said: "People are singing again in family...
...Chancellor said that he has given not "risky relief" but "stimulating relief" to Britain. "Railway traffic, bank clearings and retail trade all show a steady rise," continued Mr. Chamberlain. "The index of production in the building industry?a good barometer?has risen to the record figure of 181, taking 1930 as 100. Imports of raw materials have increased. These are all hopeful pointers." By implication Chancellor Chamberlain attributed them to his Treasury policies which he aptly summed up as "always keeping in the forefront the necessity of maintaining confidence...