Word: saltman
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Dates: during 1928-1928
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Discreet, even reticent, the Wall Street Journal deceived no one who knows the coal mining district of Scranton, Pa., and neighboring, suburban Dalton. For as every Scrantonian knows, a major glory of Dalton is the large, old house (recently remodeled) of Salt Tycoon Mortimer B. Fuller. And as every saltman knows, the Fullers (Grandfather Edward L., Father...
Tense is the competition in the salt mining industry. Saltman Fuller saw net earnings fall from $507,339 in 1926 to $327,000 in 1927, to only $3,108 for the first six months of 1928. On the stock exchange, International Salt dropped from a high of 92 in 1923 to a low of 54⅛ in 1928. Lessened demand, competitive price cutting, are among apparent causes of depression...
...error. Saltman Fuller has no salt water system in his home. He has a device, however, for softening hard water...