Word: traded
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Dates: during 1960-1969
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That was curious indeed, since a supporter of the New York Festival is the Motion Picture Association of America, the trade association of the major Hollywood studios. What is even curiouser is that eleven domestic pictures were submitted to the Lincoln Center selection committee, and all were rejected as "not of festival caliber." Then it turned out last week that the selectors had tried to get one Hollywood picture, The Fortune Cookie (with Jack Lemmon and Walter Matthau), only to be turned down by the distributor, United Artists. That prompted Cookie's producerdirector, Billy Wilder, to suggest that United...
When housewives grumble, politicians tremble. Thus the Federal Trade Com mission has launched a full-scale investigation into milk and bread price increases. A House subcommittee has held hearings about bread costs. In New York City, the city council has undertaken an all-out probe of food prices; and State Attorney General Louis Lefkowitz has filed suit seeking a court injunction against further milk price hikes. In Pennsylvania, where dairymen recently posted a 2?-per-qt. milk price raise, Lieutenant Governor Raymond P. Shafer, the G.O.P. candidate for Governor, persuaded them to roll back to the old 28?-qt. line...
...share of the market (worth $90 million in sales) nor Lever's 44% ($85 million) constituted any sort of monopoly. Then, in a curious bit of reasoning, the commission criticized both companies for spending too much on competitive sales promotions, urged that the regulatory Board of Trade require both P. & G. and Lever to pare 40% from their advertising and promotion budgets, and pass the savings along to the British housewife...
...part, Board of Trade President Douglas Jay, whose own hearing on the case starts next month, pronounced himself "in general agreement" with the commission. With that prejudgment in prospect, P. & G. and Lever will almost certainly be forced to cut their ad budgets-and perhaps to trim prices by as much...
...warning aimed at the nation's designers, on the other hand, the trade journal Product Engineering worriedly argues that more and more "blame is being pinned on the design engineer." In theory, engineers have always been vulnerable to negligence claims; in fact, they have rarely been sued because the firms employing them make a more tempting financial target. Even so, the legal situation is fluid enough to give designers ample cause for worry about the future. Main reason: a spate of recent court decisions that have eroded the old doctrine of "privity" while enhancing the new doctrine of "strict...