Word: distributor
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Sirs: Cols, I and 2, p. 9, TIME, May 29, you print an item from the Punjab, extolling Herbert Hoover as the "giant who feeds all people." Since Mr. Hoover's entire public performance rests in the fact that he was Food Distributor during the latter part of the war, this seems an appropriate place to interpolate a few words of comparison between Hoover and other unknown, but highly efficient Food Distributors...
Alcohol. U. S. Industrial Alcohol Co.. controlled by Air Reduction Co. is the largest producer and distributor of industrial alcohol. Its products are used for fertilizers, motor fuel, lacquers, anti-freeze compounds. Last week, its dominant position was approached by Rossville Commercial Alcohol Corp., newly organized to acquire Orange Grove Refining Co., Seaboard Chemical Co., Industrial Chemical Mfg. Co., Rossville Co., Federal Products...
...industry there came last week a code of ethics. Concerning only the marketing of oil, the code consisted of 19 articles, most of which dealt with relations between "refiner, wholesaler, distributor and jobber" and the "retailer." As gasoline is by far the most important petroleum product, particularly for U. S. consumption, the "retailer" is usually the filling station owner and the code deals chiefly with unfair methods of securing filling station distribution. It says that the wholesaler should not lease pumps, tanks or other equipment; should not pay the retailer's rent, put up his buildings, lease him land...
Graybar. A. T. & T. owns the Western Electric Co., which owns the Graybar Electric Co., which is the world's largest ($75,000,000 business in 1928) distributor of electrical supplies (telephone apparatus, train despatching equipment, cables, loud speakers). A. T. & T. has long been focusing its subsidiaries on strictly telephonic affairs. In 1925, it sold Western Electric's foreign supply business to I. T. & T. Last week, it announced the offer of Graybar's entire $3,000,000 common voting stock to its 2,500 employes and officers, as the Graybar Management Corp...
...increasing its outstanding stock from 100,000 shares ($100 par) to 800,000 shares (no par) is giving its shareholders the equivalent of a 700% stock dividend. Besides, it is selling them $5,000,000 stock in its two main subsidiaries?E. W. Gillett Ltd., Canadian maker and distributor of baking powder and allied products, and American Maize Products Co., maker and distributor of corn starch and corn byproducts...