Word: middlemen
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...meat prices high because someone between the rancher and the retail counter is getting too much gravy? The answer is no, even though cattlemen are selling their grass-fed steers at a loss in today's markets. But middlemen are making no lush profits. The feeders, who buy steers to fatten up for market, are lucky to make a 10% profit-provided that they guess right on what the price will be when they sell. Meat packers' profits are smaller: last year they were six-tenths of a cent on each dollar of sales. The retailer, whose average...
Procter forthwith cut down on outside middlemen, and by setting up a network of P. & G.'s own distributors, flattened out the peaks and valleys. In 1923 P. & G. installed its guaranteed-employment plan, first of its kind in the U.S., and assured hourly workers 48 weeks' employment a year. In those days, such advanced management methods were nothing short of revolutionary. Today, they are considered a normal part of labor relations at P. & G. They have cut employee turnover from 133.7% to less than 1% a year, kept the company unhampered by outside unions and major strikes...
...made $40 million as boss of the bus lines and head of Alemán's lucrative Social Security Department, and loosened the grip of Multimillionaire Aaron Saenz on Mexico's sugar industry. Pledged to lower food prices, the President also smashed the monopolistic plays of middlemen in corn, rice and beans by authorizing a government agency to buy and sell such commodities on an emergency basis. With food prices down 10%, Ruiz Cortines proclaimed last week that the first "batjl tie against the hungermongers" had been...
What happens next is standard procedure at all record companies. Advance copies are sent out to as many as 2,000 of the nation's 5,000-odd disk jockeys-the real middlemen of the ballad business. No A & R man can soundly predict how a new disk will take. But company salesmen as a group are good prognosticates, and certain cities, such as Philadelphia and Boston, seem to be particularly seismographic in detecting the rumble of an approaching hit. If the signs are good, the company may press as many as 150,000 copies in the first edition...
...laboratory into jars on the druggists' shelves. Only a generation ago, the drug industry was barely tolerated by "pure" researchers in science and medicine, who were apt to consider it as undesirable an employer as Mephistopheles. Now that attitude has completely changed. For their part, as the essential middlemen of the medical revolution, the drugmakers have accepted the fact that they are in business for other people's health. "Medicine is for the patient," says Merck & Co.'s Chairman George W. Merck. "Medicine is for the people. It is not for the profits...