Word: chaining
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Dates: during 1920-1929
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...years the younger. He is only 42, tall, dark, clean-shaven. His business career has been mainly in Canada although more than once he has joined forces with his brother on both sides of the border. He is a director of the Bank of Toronto and in a chain of Canadian enterprises allied with his brother's interests...
Died. Israel Miller, 62, of Manhattan, Polish-born shoemaker and shoe-stylist, president of I. Miller & Sons (shoe store chain); in Paris...
Business men hastened to speculate on reasons for the new combination. Most obvious seemed the desire to bring new financial power into United Cigar Co. and Tobacco Products Corp., whose earnings were depressed as a result of price lowering of popular brand cigarets to compete with price-cutting chain stores. From a high this year of 27 3/8, United Cigar stock had dropped last week to 15 5/8. Likewise Tobacco Products Corp. experienced a drop, from the year's high of 22 5/8 to a closing last week...
Today the ordinary country filling station may sell $300 or $400 of tires in a year, but at least one tire company-Firestone-foresees that in the future many if not most tires will be sold by chain tire stores, each part of a master service station in whose several departments specialized brake service, washing and greasing, battery service, will be combined with a filling station and a store for selling electrical equipment...
Last week a third move was made. Armour and Swift petitioned the Supreme Court of the District of Columbia to modify the decree. Reason: that times have changed. Two arguments they made in chief: 1) that there are now 70,000 chain stores in the country, many of them selling meat. Already the chains are going into meat packing to supply their requirements-one chain already owns two packing plants and a sausage factory. The effect of the decree is therefore not to prevent the large packers from treading on others, but to be trod upon-to make them subject...