Word: retails
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Dates: during 1940-1949
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When Leon Henderson's wholesale price ceiling went into effect, the U.S. entered into a controlled economy which made the old NRA strait jacket look like a sport shirt. Next week the retail ceiling will follow; the strait jacket will be laced...
...important shellac in phonograph records by 70%. Another consequence: manufacturers required from distributors one old record for every three new ones bought. Reason: reclaimed materials stretch virgin shellac three times as far. The man in the street did not yet have to chip in with old records, but many retail shops were angling for them, paying 2½? to 3? a record...
...Since Easter, department-store sales (in dollars) have been showing smaller & smaller dollar increases over last year. Last fortnight the increase was only 8%, which represents a substantial drop in actual values, since retail prices were up almost...
Main new dampers on retail credit...
...billions in potential credit, the inflationary gap between purchasing power and available consumers goods is already so huge that even a no-credit-at-all order would not solve the problem. The U.S. Department of Commerce has estimated that, even in normal times, 63½% of all retail sales are made for cash, 23½% on charge accounts, only 13% on the installment plan-and U.S. wage and salary payments this year are running $1,000,000,000 a month over last year...