Word: consumerization
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With that offhand explanation, Mike Di Salle last week issued Ceiling Price Regulation 7, a new step in the fight to stabilize sky-high prices. The order wiped out the general price freeze for about 200,000 retail items and substituted instead a system exhumed from the tomb of World...
The first cut in steel for autos, television sets, stoves, etc. was made last week by the National Production Authority. Said NPAdministrator Manly Fleischmann: starting April 1, producers of durable consumer goods will have to get along with 20% less steel than they used in the first half of 1950...
"Anything making animals grow faster is almost certain to reduce their price." With this consumer-conscious observation, President Dwight Joyce of Cleveland's Glidden Co. last week began promoting a new product to make animals grow faster-and, possibly, to reduce the price of food. The product: "ABC and...
¶A $3 billion increase in corporation taxes, upping the normal maximum rate from the present 47% to 55%. ¶A $3 billion "selective" increase in excise taxes on nonessential consumer goods and products that used materials in short supply. Suggested boosts: gasoline up 1½? a gallon, cigarettes up...
EDWARD F. PHELPS JR., 38, OPA veteran and executive vice president of Fort Worth's Waples-Platter Co. (food manufacturing and wholesaling), to be boss of the new commodity divisions to keep tabs on all commodity prices. RICHARD L. BOWDITCH, 50, president of Boston's C. H. Sprague...