Word: prices
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Dates: during 1930-1939
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...approved 6-to-1. Thus the world's largest milk market (6,500,000 qt. a day), New York, became the 22nd district to get such a plan. Marketing Specialist Erskine Harmon was appointed Federal administrator to police the New York industry and maintain the established minimum price paid to farmers (base: $2.45 a cwt.). In drafting the New York program, designed to settle the longtime controversy between farmers and milk distributors in New York City's milk-shed, everyone but distributors (Borden, Sheffield and 698 others) had a voice; prices these distributors must pay farmers...
...Jumped on the malt and veneer container industries. The Federal Trade Commission issued complaints against the United States Maltsters Assn., American Veneer Package Assn. Inc., Eastern Package Assn., Southern Package Assn. Inc., Northeastern Package Assn., Midwest Package Assn., and the members of each. Charge: price-fixing in the two industries to create monopolies...
...this auspicious beginning last week were added three more favorable items. Marketed through a Halsey, Stuart syndicate were $33,000,000 of Commonwealth Edison Co. 30-year, 3½% bonds, which went at a premium of 1¼ (offering price: 103½). Equally successful was a $20,000,000 issue of Lone Star Gas Corp. 15-year, 3½% debentures, which sold at a premium of 1⅞ (formal price was 102). Week's only industrial issue was $10,000,000 in Crucible Steel 3½% debentures. Like the year's two biggest industrial loans (U. S. Steel...
...idea of a mechanical shaver. But Schick electric shavers did not appear on the market until 1931, and these first hand-made models sold at $25. Many a man began to wonder how he had got along without one. When Schicks later went on a mechanical assembly line, the price was cut to $15. Not long thereafter hundreds of thousands of men either had bought the shiny new gadgets or had begun saving their pennies toward that optimum goal. By that time, Schick had several competitors...
Jacob Schick died in June 1937; Archie Andrews in June 1938. But the Schick v. Packard battle went on. Last week Schick shaved its selling price from $15 to $12.50. Packard immediately went its competitor one better by cutting its Packard Shaver from $15 to $7.50, its newer Roto-Shaver from...