Word: retail
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Dates: during 1940-1949
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With 13 kids (only two of them girls), Timothy Conway is in the right business -retail food and groceries. Says he: "I'm in favor of feeding 'em plenty." A 15-lb. roast on Sunday is the usual thing, and there are 35-lb. turkeys at Thanksgiving. The Conway home is equipped with restaurant-size utensils, and when the kids were younger, the staggering meals were staggered: pre-school-age kids ate dinner in the kitchen at 6; elementary-school-agers in the breakfast room at 6:30, and the big kids with dad and mother...
...Rate. This hobbling of free competition began with retail druggists, who feared that cut-rate chains would put them out of business. In 1931, they rammed the first effective fair-trade act through the California legislature; it gave manufacturers and retailers the power to fix the resale price of commodities bearing a trademark. Later, the National Association of Retail Druggists lobbied the same law through other state legislatures. Fearing a clash with federal antitrust laws, the druggists in 1937 drummed the Miller-Tydings Act through Congress. It enabled many others besides druggists to fix prices...
...with RCA Boss David Sarnoff, representing the record makers. The compromise was simple: the union musicians relaxed their demands for royalties on all records sold since the Jan. i ban, in return for fatter royalties to come when the presses start cutting records. The new rates: 1% of the retail price of all records selling under $1 and a "slight increase" in royalties on records costing more than...
Corporations yelled out their third-quarter reports last week as excitedly as newsboys handing out extras-which was just what many of them were doing. More than 100 in such varied industries as oil, machinery, mining, steel, retail sales, chemicals, distilling-and even playing cards-declared extra dividends in cash or stock. Of some 200 companies reporting for the period ending Sept. 30, only six showed deficits, though some 60 others were down from the same period last year. For most, the combination of higher prices and high production made the quarter the most profitable in corporate history...
Haloid's first commercial Xerographic machine, which is expected to retail "for a very few hundred dollars," will be for the quick, economical reproduction of letters, documents, blueprints, maps, etc., in offices. Many bugs have to be worked out before Xerography can do more. Eventually, Haloid hopes to produce cameras which print their photographs almost instantaneously, and light, cheap presses which will slash capital investments and operating costs in the newspaper and magazine publishing industry...