Word: consumerized
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Out in the open at last was the explosive issue which has underlain most of the fighting between Labor and the motormakers since C. I. O. moved into the industry two years ago. The issue: whether autoworkers or their bosses shall decide how fast production lines move, i.e., how many...
Consumer Goods Stocks: Sears, Roebuck climbed 3%, steady-yield A. T. & T. 4%. Woolworth, with its big British and German subsidiaries likely to be war-slugged dropped 8%. Eastman Kodak dropped 7% apparently because investors connected Kodaks with beach parties, forgot Eastman's chemical and plastics business, forgot that...
Durable Consumer Industries all found the updraft. International Harvester was out in front, up 21% on the bet that some of farmers' rising income would be spent on farm machinery.
>Between 1870 and 1930, efficiency (volume of goods per worker) in production trebled but efficiency in distribution sat still, and a quarter of the country's workers were shifted from production to distribution. While U. S. businessmen goggled at the cost-saving possibilities of automatic machinery and scientific mass...
>Great though their take is, because of inefficiency the industries of distribution as a whole are no gold mine for those engaged in them. ". . . The elimination of the net profits of distribution all along the line from primary producer to consumer would result in an average saving of no more...