Word: stocked
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Dates: during 1950-1959
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...this drivel about "national purpose," they may soon have to openly recognize what America really is: not a nation with something resembling a cohesive national philosophy, cultural depth, and direction, but simply a place where one comes to exploit economic opportunities, with about as much "national purpose" as a stock exchange. What America stands for is making money, and as the society approaches affluence its members are left to stew in their own ennui...
Ford's hand was forced by a stock prospectus issued by the Ford Foundation, which plans to sell another 2,000,000 shares of Ford stock (worth some $155 million) in order to diversify its holdings. Included in a list of company products was a footnote on Edsel: "Introduced in September 1957 and discontinued in November 1959." Once that got out, Ford had to speak out, though it had planned to hold off until all Edsels in dealers' inventories were sold. It really did not make much difference. As of last week, only about...
...Edsel died, Ford got ready to put more pep into the Ford line. Next month Ford will begin deliveries of a 360-h.p. engine that is topped among U.S. stock cars only by the 380 h.p. in the Chrysler 3OO-E. Ford's aim is to outdo both Plymouth (330-h.p. top) and Chevrolet (335-h.p. top) with its new engine...
...there, he set up a sales system that replaced the helter-skelter collection of boxes under the counter with a long display rack that put the selection out in the open. Hallmark sells the display racks to retailers at cost, also assumes responsibility for keeping the store's stock-both from Hallmark and from competitors-up-to-date, re-ordering when the cards get low. All the retailer has to do is ring the cash register. While others in the industry also use the system, Hall says that his company does the job more often, thus knows precisely which...
...future." On the same day, a crowd of 1,400 in Sydney watched the opening of a $3,300,000 plywood factory spreading over 14½ acres of onetime swampland; McCulloch Motors Corp. of Los Angeles announced that it would start making outboard motors in Australia; the Sydney Stock Exchange noted that share prices had risen to a level 33% higher than a year ago; and the government could say that unemployment was at 49,077, or barely 1% of the 4,000,000-man labor force...