Word: stampings
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...Stamp for the Postcard...
...Your "good things in small packages" analysis of the sale of the postcard-size Hubert Van Eyck oil [March 25, p. 69], and mention of the advantages of the rare stamp [p. 88], made me check the value of the world's most valuable postage stamp, the British Guiana 1? of 1856. Last year this l-sq.-in. stamp was displayed at Royal Festival Hall in London, insured for a healthy $560,000-so the portable rare-painting market still has some distance to go to catch up with the portable rare stamp...
...many outward signs, the trading-stamp business was never better. Stamp distributions in supermarkets, service stations and other retail outlets last year surpassed $1 billion; the Trading Stamp Institute, which represents most of the important companies in a field of 200 and speaks for all, predicts that business will increase this year...
...there are quite a few indications that the trading-stamp industry is running into difficulties. Last year 500 grocery stores of various sizes dropped stamps, promised lower prices instead. Last week Sperry & Hutchinson Co., whose Green Stamps account for one third of the industry's business, issued a prospectus required before it can sell 1,000,000 shares of stock and seek eventual representation on the New York Stock Exchange. Opening its books for the first time in 70 years, S & H President William S. Beinecke reported that its sales-$330 million last year-are higher than ever...
Jogo do bicho, although illegal, has been a national institution in Brazil for decades. It is too tempting a source of kickbacks for police and politicians to really want to stamp it out (cops assigned to the bicho squad are known as "jockeys" because of the good rides they can get). Highly organized, deliciously complex and by its own lights unfailingly honest, the animal game has withstood all manner of crackdowns and shakedowns, grown into a $500 million-a-year business that employs roughly 1% of the nation's total working force. Millions of Brazilians play it every...