Word: roebuck
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...SEARS, ROEBUCK PRICES are going down. Average prices in the new catalogue will be 2½% lower than in the spring edition. Among best buys: electric appliances (down 10%), refrigerators (down...
...surge in auto sales in the last ten days of May cut stocks of unsold cars to the lowest level since February, the first such drop in six months. In Pittsburgh, steel production showed the biggest weekly gain of the year (current rate: 73.2% of capacity). In Chicago, Sears, Roebuck confirmed what Arthur Burns had to say about inventories. It announced that for the last month it has been buying more than it has been selling, reversing a policy started last September of living off its inventory...
...Scotch Presbyterian pioneer stock and, for Athenians, fairly well off; his father was head of the First National Bank. Nevertheless, young Clint, the second of nine children, used to get up at 3 a.m. to run a trap line for coons and skunks, sold the pelts to Sears, Roebuck...
...Chicago Tribune Publisher Robert R. ("Bertie") McCormick, a new group, firm in their old belief that foreign entanglements are dangerous, banded themselves into "For America," an outfit which will "combat super-internationalism, one-worldism and Communism in America." Cochairmen: General Robert E. Wood, retired board chairman of Sears, Roebuck & Co. and onetime head of America First; Clarence E. Manion, ex-dean of Notre Dame's law school, whose resignation as chairman of the President's Commission on Intergovernmental Relations was forced after he began ballyhooing the Bricker Amendment (TIME, Feb. 8). Among other For Americans: Montana...
...example, said Hotchkis, Sears Roebuck & Co. "has invested over $28 million in five countries in Latin America [since opening its first Latin American store in Havana in 1941], With the exception of one small dividend from a Cuban subsidiary, every cent of profits earned between 1941 and 1952 was reinvested in the countries in which they were earned to finance new stores and new products...