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...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!