Word: cementation
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...than $1,000,000, assets of between $600,000 and $800,000; in Chicago. Overseer Voliva, who eats Brazil nuts and buttermilk and believes the world is shaped like a soup-plate, has been trying to salvage his Zion Institutions and Industries Inc.-candy bar, cookie and lace factories, cement plant, bakery, bank, department store and publishing house-since 1933. Its assets were 87? in 1907, $10,000,000 in 1927, $6,000,000 in 1932. Subsequently Rev. Voliva tried to reorganize Zion Industries under Section 7/-B, failed, and likewise lost control of Zion City's theocratic municipal...
Charles Hoyt March, 66, a Hoover appointee reappointed by President Roosevelt; handsome, heavyset, a onetime lawyer whose particular hate is monopolies. His pet case at the moment is the Cement Institute (TIME, July 12). Colonel March's FTC specialty is the legal...
Most significant cases now before FTC are two big anti-trust actions against the cement industry and the window glass makers, and four Robinson-Patman Act cases, notably those involving Standard Brands and Great Atlantic & Pacific Tea Co. FTC's first Robinson-Patman Act cases were closed this week. Dismissed were the complaints filed against Kraft-Phenix Cheese and Bird & Son. Inc. (TIME, Oct. 12). In the Kraft case FTC held that this company's price rating did not lessen or injure competition. In the Bird case, which involved selling floor coverings to Montgomery Ward & Co. for less...
Polo-playing Tommy Leiter, 27, son of Joseph, lives in Washington, D. C. Colin Campbell, 30, son of Nancy, lives in California where he is an official in a cement machine business. Cecil John Arthur Howard, 29, son of Marguerite, lives regularly in London, is at present in California recuperating from illness. Last week all three were suing the Continental Illinois National Bank & Trust Co., trustee of the estate, asking that the Chicago residence and work provisions be vacated since there is really no work to do in connection with the Leiter estate. Named as co-defendants are Levi Leiter...
...Last week the Federal Trade Commission accused the Cement Institute and 75 U. S. cement manufacturers, who produce at least 95% of the cement made in the U. S., of a nationwide system of price maintenance which retards recovery, adds to taxation and hogs unnecessarily large chunks of Government money released for building public works. According to the FTC, Federal and State agencies have been unable to get competitive bids in cement. South Dakota built its own cement mill as the only means of coping with the situation. The Tennessee Valley Authority got competitive bids only by threatening to follow...