STATE OF BUSINESS: Facts & Figures, Dec. 6, 1948

Over the Counter. Hudson Motor Car Co. announced a new-sales policy designed to end gouging, notably on accessories. To make sure that at least 50% of its customers got only the extra accessories they really wanted, half the Hudsons delivered to dealers will be stripped of gadgets. On trade-ins, Hudson told dealers to pay "a fair market price."

Master's Master. Flush with earnings from its booming sales of television sets, Philco Corp. decided to 1) declare a 7% stock dividend; 2) expand in the home appliance field (it already makes refrigerators). Philco...

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