Word: markdowns
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Dates: during 1930-1939
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...almost 50% ($14 to $7.50 a sq. ft.) in Fair-owned buildings; 2) cut ground rentals 10% for those who had built their own buildings; 3) offered a 50% rent cut to all States exhibiting; 4) advertised sites in the Fair's Town of Tomorrow at a 30% markdown; 5) abolished all charges for removing garbage...
...economic tie-up with Russia might enable her to reduce her 1938 purchases here ($107,588,000, down from an average of $400,364,000 in 1926-30) to zero. Perhaps more important to U. S. trade was what the crisis did to the British pound. The precipitate markdown in the price of the pound sterling (it hit $4.12 early this week) makes British goods some 10% cheaper in world markets than they were August 1. If the crisis passes without the war the pound is not likely soon to return to $4.86 or even $4.68. So unless the dollar...