Word: armour
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...suit filed in Chicago, Clark charged that the four big packers, Armour, Cudahy, Wilson and Swift, were monopolizing the trade in federally inspected meat (the only meat that may be shipped across state borders). The Big Four, said the Attorney General, sold 58% of the cattle, 54% of the hogs, 68% of the calves, and 79% of all the sheep slaughtered under federal inspection. He accused them of getting together on buying & selling prices, and setting sales quotas to keep prices...
...anybody thought the meat packers were getting rich on the present market, they had another think coming. Armour & Co. last week said that livestock prices had gone "far beyond levels warranted by the selling price of meats." Armour had tied up so much of its cash in inventory that it could not pay a dividend. Its stock promptly dropped 2⅜ points to 10¼, the low for the year, and touched off selling in other meat-packing stocks...
...last week everybody in the C.I.O.'s United Packinghouse Workers union knew that its two-month strike against the Big Four packers (Swift, Armour, Cudahy and Wilson) was a lost cause. Almost everybody knew that the union's leaders were ready to admit defeat. From Chicago a call went out for local leaders to come and discuss surrender terms...
Shirts Off. But the strikers knew that they had already lost their shirts. This week, in Chicago, union leaders went in to surrender to Armour and Co. officials. They were ready to accept the 9?-an-hour increase the companies had originally offered (the union at first demanded 29?, later was willing to take 12?). There was a snag to final agreement: the company now demanded the right to fire strikers who had taken part in the violence. Until that was settled, the strike would drag...
...including whole centuries of kitchen sinks. Looking at one another with some surprise are McCormick harvesters, Roman baths, barber chairs, egg beaters and tricycles. Victorian maidens swing gently in new-fangled hammocks-oblivious of a conveyor-beltful of hogs swinging equally gently toward Swift's and Armour's hams...