Word: retailing
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Dates: during 1950-1959
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AUTO PRICING BILL, passed by Senate to require carmakers to stick a "suggested" retail price on each car delivered (TIME, May 19), is being bucked belatedly by Justice Department. Trustbusters contend that bill might actually tend to fix prices, would not give buyer sufficient protection...
...Retail sales continued surprisingly strong. The Census Bureau estimated April sales at $16.3 billion, and a level 2.5% over March. But the ratio of sales to inventories was still considerably higher than a year ago, which meant that businessmen will probably continue to cut their inventories until the ratio finally gets back in line...
...self-government. They are already strapped by what they call F.C.L.-fearful cost of living. Virtually everything Alaska uses is brought in by steamer and airplane, and because the territory produces so little for ships and planes to haul profitably back to the States, the freight charges boost retail prices to alarming levels. A Seattle dollar shrinks about 19? in Juneau, 29? in Anchorage, 35? in Fairbanks. Wages consequently run 15-40% higher than comparable Stateside payrolls, and that is a factor that holds back large-scale investment from Stateside in Alaska's potential...
Rather than retail quaint isolated facts, the encyclopedia's first edition had pioneered with complete and orderly treatises, e.g., an explicitly illustrated article on midwifery. The second introduced another innovation, biographies of famous living persons. But there were gaps, notably on the subject of the new United States of America. Although the Salem witch trials were discussed, the American Revolution was not; Boston was mentioned, but there were no articles on New York or Philadelphia. An enterprising American publishing pirate named Thomas Dobson corrected these slights when the third edition began to come out in 1787. Rewriting sections offensive...
...rate of decline was being braked by increasing signs of resistance in the economy. A rise in April housing starts generated optimism among home builders (see Bellwether Industry?). The number of the jobless collecting benefits dropped 70,900 to 3,194,000, lowest since Feb. 15. Personal income and retail sales are holding up well. The auto industry, black sheep of the economy, is also showing some life; May auto sales started off at the best rate since January, and production last week rose 8,000 to 86,738 units...