Word: contract
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...last week Gang Busters faced a foe that got them down. Convinced that Gang Busters might be catching crooks but were not selling Cue, the liquid dentifrice, Benton & Bowles, acting for Colgate-Palmolive-Peet, decided not to renew their contract. Still shooting, still with their boots on, Gang Busters vacated the air waves, waited for Phillips H. Lord, their entrepreneur, to send them out on a new crusade...
...hands. One Western Hemisphere producer knew for sure that it had lost a market when Italy entered the war. Soon after Mussolini had made his radio speech, Jesus Silva Herzog, No. 1 oil salesman of Mexico, announced that Mexican shipments of oil to Italy (15,000 barrels daily under contract) had stopped...
...last spring, scoffing at a 50% cut in the salary he had been getting from the Chicago Cubs the past two years. A few weeks later, after his baying had successfully reminded every baseball fan that "Ol' Dizz"; was still in the game, Loudspeaker Dean characteristically signed his contract. Last week, proving as useful to the Cubs as a wet firecracker, the celebrated fireball who had been purchased two years ago for $185,-ooo cash (and three able-bodied players) was bunted back to the minors, his arm crippled...
Ingalls Shipbuilding Corp. is well under way on its $10,400,000 contract, let in February 1939, for four Maritime Commission cargo ships for American Export Lines. In the yard at Decatur an estimated $1,000,000 worth of river craft were last week building. But the big feather in Ingalls' cap was a fat $16,000,000 contract for four sleek, 489-foot, 9,2Oo-ton passenger ships originally destined for U. S. Lines' New York-London trade. Ingalls is not alone in its belief that the riveted ship is on the way out. Near Newport News...
...strange thing about the young U. S. airline business is that one of its great potential fields of development is controlled by its elderly competitor, the railroads. Air express, by contract with the air lines, is a monopoly of Railway Express Agency. And Railway Express Agency is owned lock, stock & barrel by 70 railroads, which have lost some 10% of their Pullman passenger business to transport planes. With all the passenger and mail business they can conveniently handle, U. S. air lines have paid little attention to express, are glad to pay Railway Express Agency a commission...