Black Market Capitalism Emerges in Soviet Union
In the Soviet Union shortages boost underground trade. Reports from Trud describe rings in the Moscow region, such as the Lotsmanovs in Cherkizov running a sweater operation from wool to finished garments for the black market. Officials at factories steal and resell fabrics and leather in parallel rackets.
MENTIONED IN THIS ARTICLE
Soviet Union
Moscow
INS
Trud
Cherkiov
Lotsmanovs
Cabinet Makers Turn to Private Trade in Moscow
In Moscow a report notes cabinet makers shifting from government work to private business. They started producing storage cupboards from scarce materials seized by the state and easily sold the bulky goods, signaling broader entrepreneurial moves.
MENTIONED IN THIS ARTICLE
Moscow
Waiters Indicted For Failure To Report Tips In New York
Fifteen head waiters at two Manhattan hotels face federal charges for failing to report more than $100000 in tips over three years. Most are Waldorf Astoria banquet captains. two are Hotel Statler head waiters. The case cites a 15 percent service charge split on food and beverage sales. Potential penalties include five years imprisonment and fines up to 10000 per count.
MENTIONED IN THIS ARTICLE
New York
Manhattan
Waldorf-Astoria
Malachia Cesario
Ramon San Martin
Hotel
Statler
Hans Paul
Arthur Hagedorn
Waldorf
Waldorf’s Banquet
Big Future Seen In Radio and Video Communications
Alfred Leech reports traveler corporation president Joe Friedman foresees a future of compact portable receivers and transmitters in 1980. TV in autos, midget radios underwater, global language evolution, and remote medical consultation via television are among expected advances within 25 years.
MENTIONED IN THIS ARTICLE
Chicago
Joe Friedman
Traveler Corporation
Friedman
Ito
St. Lawrence Tops New York Dairy County in May
In Albany by UP, St. Lawrence County led New York dairy counties in May with milk deliveries totaling 51,675,044 pounds, an increase of 5,857,631 pounds from April.
MENTIONED IN THIS ARTICLE
Albany
N.Y
St.Lawrence
New York State
Pril
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