Word: tradings
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Dates: during 1940-1949
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Florists around the Square were gleefully laying in huge stocks of flowers in anticipation of the usual corsage trade...
High Prices. The American Fair Trade Council, Inc., now one of the chief Washington lobbyists for all fair-traders, insists that price-fixing benefits the consumer: "It enables him to buy . . . without haggling over prices ... It protects him from so-called 'bargain' sales...
...Washington, D.C., a tube of brand-name shaving cream sells for 23? v. the Baltimore "fair-trade" price of 39?. A diabetic pays $1.65 for insulin that costs $2.47 in Baltimore. And the fair-traders are working hard to wipe out even these few remaining islands of price competition...
...Earl's Court, Londoners crowded into their first big auto show since war's end. They could look, but few could buy. Since Britain must export 75% of its cars, most of the new models were aimed at U.S. trade. They had the wide grillwork which Britons call "the Dollar Grin." Daimler's pastel green, 150-h.p. convertible, with hand-built body, was the show's most expensive car. In England, with a $10,000 tax, it costs $28,000. U.S. price: about...
Died. Albert Henry Stanley, first Baron Ashfield of Southwell, 73, rags-to-riches London transit mogul, President of the Board of Trade in Lloyd George's World War I cabinet; following an operation; in London. Son of an English railway worker who emigrated to the U.S. in 1879, he started out at 14 as a messenger boy in the Detroit streetcar system, rose to be manager, returned to England in 1907 to reorganize London's subways, finally (with the Labor government's help) unified the city's whole transport system into a single $1 billion public...