Word: auctioned
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Last week, 15-year-old Jack Hoffman got a jackpot return for his $260 investment. After T. 0. Pride had first been named junior champion and then grand champion steer at Kansas City's rich, famed American Royal livestock show, Jack Hoffman sold him. The auction price: $42,600 (the Government will get $19,801.80 of this unless Jack is able to deduct a sizeable amount as "operating expenses" and needed improvements on his 80-acre farm...
...opinion, the defendants have clearly been violating the Sherman Antitrust Act through a complex system of fixed admission prices, block-booking, pooling arrangements, and franchises. In general, said the court, these practices would have to go; in particular, block-booking would have to give way to the auction setup in which any exhibitor could freely bid for any new films. Moreover, the exhibitor would not have to buy in blocks-i.e., take three bad films to get one good one. But the court felt that forcing the producers to sell their theaters was too drastic, and would only "create...
...Your great magazine, under the heading . . . "Back of the Barn" [TIME, May 6] . . . made this statement: "The technique: buying from individuals in auto-jammed Detroit, selling to the auto-hungry mid-South through auction outlets in sleepy Cairo, Ill., and sleepier Murray...
...good's Cupid without a bank balance?). By page 47, avid Roger has tracked Morina to the red-light district in Virginia City; and by page 60 he is suffering pangs of anguish at seeing his beloved stand up nude on a piano and offer herself up for auction ("she never looked more beautiful or more horrible"). But by page 174, Roger has wised up to the way of the world: he has forgotten all about being a Confederate spy; he has learned how to make money unscrupulously; and he has won Morina's heart for keeps...
...netted a whopper -the biggest used car ring. In 18 months it had handled about 5,000 cars, worth $4,000,000 at ceiling prices, sold them for $7,000,000. The technique: buying from individuals in auto-jammed Detroit, selling to the auto-hungry mid-South through auction outlets in sleepy Cairo, Ill., and sleepier Murray, Ky. The indicted ringleader: dark, stocky Ben Fishel of Cairo, whose business ran merrily on while he served in the Army...