Word: postalized
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...been predicted, but its computation did not take into account the effect of the temporary 1% income tax reduction. The President's only mention of the stockmarket crash was backhanded: "Due to the depression it is now estimated that the income of the Government in taxes and postal receipts . . . will probably fall below the anticipation." Besides, "the measures taken to increase employment . . . represent a very material increase in Government expenditures of over $225,000,000. . . . These sums . . . reduce . . the financial situation to a present estimated deficit of approximately $180,000,000 for the current fiscal year. . . ." The tax reduction...
...Obtained from the Post Office Department authorization to have postal employes solicit and collect relief funds...
Tickets by Wire. Last week the 16 theatre ticket brokers accredited by the League of New York Theatres resigned in anger. And almost simultaneously the League, which includes more than 80% of legitimate New York theatres, announced that henceforth Postal Telegraph & Cable Corp. will handle ticket orders through 125 of its offices in New York City. Postal will charge a 50? handling fee, will deliver reservation slips to customers' homes. 'About one-quarter of the tickets for each performance will be sold at box offices, may be taken by brokers. It has been possible in the past...
...transmits typewritten messages automatically and instantaneously between distant offices, enabling telegraph users to send their own "wires" directly, also to receive telegrams and messages from Teletype-equipped branch offices. (TIME uses such an instrument between editorial office in Manhattan and proof room in Chicago.) While both Western Union and Postal Telegraph & Cable have been increasingly large Teletype customers, the Bell System has more than 10,000 in use, many for its own system, many over leased wires. Another teletype product is the new high-speed stock ticker. The company last year had $12,000,000 gross sales. The deal will...
Gasoline Telegraph. Postal Telegraph & Cable's 7,000 branch offices last week became 10,500. The new ones were filling stations of Standard Oil of New Jersey, Colonial Beacon Oil, Standard Oil of Indiana, Standard Oil of Pennsylvania, Standard Oil of California, Standard Oil of Louisiana, Standard Oil of Ohio, Standard Oil of Nebraska, Utah Oil Refining Co. Under the terms of the agreement, the stations will display Postal signs, attendants will furnish blanks. They will carry the blanks out to motorists sitting in their cars at the pump, if desired, and immediately telephone their messages to the nearest...