Word: thats
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Dates: during 1950-1959
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Merchandising. Charles H. Kellstadt, president of Sears, Roebuck, expects that consumer durables, including autos, will rise 8% to 10% over 1959. Soft goods will rise 5%. Kellstadt said that a year ago he predicted this fall's retail business would be 5% better than last year. It turned out...
Automobiles. Detroit is upping its estimate that 6,500,000 to 7,000,000 cars will be sold in 1960, including half a million imports, said W. C. Newberg, executive vice president of Chrysler Corp. No one is now thinking of a range much below 7,000,000 units. Reason...
To the public, the U.S. drug industry would like to appear as a dedicated, white-coated scientist skillfully brewing one wonder drug after another. But Tennessee's Estes Kefauver, chairman of the Senate Antitrust Subcommittee, long has had ambitions to paint a different picture -of an industry that fixes...
Dramatically Kefauver's staff presented a chart showing that the Schering Corp. sold bottles containing 100 tablets of prednisolone, an antiarthritic drug, to druggists for $17.90, although the cost of buying the drug from another drug manufacturer and bottling it came to only $1.57. Was this markup of 1...
Hidden Costs. Upset by the fast attack, Schering's President Francis C. Brown hotly protested that Keef's chart -and the Keef himself-were all wrong. Prednisolone, said Brown, is a Schering improvement on Merck & Co.'s basic cortisone, is marketed by Schering under the trade name...