Word: retailers
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Dates: during 1930-1939
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Last year Irving Air Chute had net sales of $1,928,400 (retail cost of parachutes: $180 to $300) and netted $398,321. After that record year's business it still had a record backlog of $1,000,000 in unfilled orders. Last week its backlog was a secret but the litter of cablegrams and war orders on the desk of its pink-cheeked, spectacled President George Waite was evidence that last year's sales and Jan. 1's backlog were marks that had long since been erased by the incoming tide...
...radio receiving set manufacturers sold some 7,150,000 sets, with a retail value of $225,000,000. Last week, on the application of this highly competitive industry, the Federal Trade Commission promulgated its first set of fair-trade rules. Some unfair trade practices proscribed...
...square turning out drawings for scale models of most U.S. military and commercial airplanes in the air today, as well as many a foreign model. Comet has 6,000 dealers, 20 full-time salesmen, a branch and salesroom in Manhattan. Its models, ranging from the Dawn Patrol Fleet (retail price: five for 5?) to the Comet Clipper ($6.50, less motor), are sold all over the world...
Colorado's Supreme Court decided in May that the privately owned retail outlets of Gamble-Skogmo, Inc. (auto parts) were not a "voluntary" chain of stores and therefore fair game for the State's chain-store tax. Right then U. S. motormakers began to anticipate trouble. Last week to General Motors, Colorado sent a bill for $234,655; to Ford went one for $102,470; to Chrysler, Hudson, Studebaker, Nash and Packard went others totaling $193,995. Grand total: $531,120, billed to the seven motormakers for four years' chain-store license fees...
Representative Martin Smith of Washington waved aloft $5,400,000,000 as the first year's yield from a 2% retail sales tax and 2% gross revenue tax on producers, wholesalers, etc., to be divided among 8,000,000 non-working pensioners over 60 who would spend $56.26 each per month...