Word: sellers
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Dates: during 1950-1959
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...Gressens, who became board chairman. Son of a Pittsburg, Kans. miner, Kelce went into the pits at 15, by the time he was 22 owned his own mine in Oklahoma. In 1924 Kelce moved into small Sinclair Coal, which actually owned no mines and acted only as a coal seller. In a few years he made the Sinclair group into one of the nation's biggest producers, with 17 mines in six states. Last month, Peabody Coal, which had not been doing too well, swapped 6,492,164 of its shares for all the capital stock of privately owned...
...little more than two years, a 25? magazine called Confidential, based on the proposition that millions like to wallow in scurrility, has become the biggest newsstand seller in the U.S. Newsmen have called Confidential ("Tells the Facts and Names the Names") everything from "scrawling on privy walls'' to a "sewer sheet of supercharged sex." But with each bimonthly issue, printed on cheap paper and crammed with splashy pictures, Confidential's sale has grown even faster than its journalistic reputation has fallen. It has also spawned a dozen guttery imitators, e.g., Hush Hush, The Lowdown, Exposed, Uncensored...
Wolf Roundup. But for most retailers the legal problems were small compared to the pleasurable problem of keeping up with demand. Coonskin hats, the biggest seller next to anachronistic Davy Crockett T shirts, have touched off the biggest run on raccoons since the giddy '205; coon tails once selling for 25? a Ib. are now nearly $5 a Ib. Seattle's Arctic Fur Co., which has shrewdly been buying wolf pelts for years, is producing 5,000 ersatz coonskin hats daily. In some stores Davy Crockett accounts for 10% of all children's wear...
...Newhouse paid $6,250,000 in cash for the 103-year-old St. Louis Globe-Democrat (daily circ. 291,962, Sunday 354,354). With St. Louis' only morning paper Newhouse also got a 23% interest in radio-TV station KWK (whose $1,500,000 indebtedness he assumed). The seller was E. (for Edward) Lansing Ray, whose family has owned the daily for three generations. Publisher Ray sold out because he is 70, has no qualified heir to take over the paper...
...Just what she is supposed to be, other than a music instructor, is a matter for conjecture. Whatever it was, talent did not come to her rescue. The rest of the cast is comprised of various zany characters, some good (Luba Malina, female cellist) and some bad (Pat Hingle, seller of venctian blinds...