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...trade mark at $5,000,000, N. B. C. said it had been damaged to the extent of $250,000, asked an injunction against the manufacture of "shredded wheat" by Kellogg. Last week Kellogg retaliated. In New York's Federal Court it filed a complaint under the Sherman anti-trust laws, charging unfair competition, coercion, monopoly. Kellogg claimed that patents on the shredded wheat process have long since expired, that it has been kept out of competition by efforts of N. B. C. "to coerce & intimidate the trade by threats of suits, ... by employing a former general sales manager...

Author: /time Magazine | Title: Business & Finance: Deals & Developments | 8/15/1932 | See Source »

...President Hoover again asked Congress to give him $120,000 to continue the President's Organization on Unemployment Relief, headed by Walter Sherman Gifford, A. T. & T. president. This appropriation was once rejected by Congress as a waste of money. Argued the President: "Should this organization be discontinued, not only would its important functions of stimulation of private giving be destroyed but there would be grave danger of volunteer groups concluding that [their] services were no longer necessary." ¶Vetoed by the President: a $2,100,000,000 unemployment relief bill (see col. 2). ¶President Hoover recommended...

Author: /time Magazine | Title: THE PRESIDENCY: The Hoover Week: Jul. 18, 1932 | 7/18/1932 | See Source »

Died. Edwin Follett Carter, 22, Dartmouth graduate, son of Edwin Farnham Carter, vice president of American Telephone & Telegraph Co.; in Brookings, S. Dak. He was on his way to Alaska with Walter Sherman Gifford Jr., 14, son of A. T. & T.'s president. Young Gifford, just learning to drive, failed to note a turn in the road, drove the car into a ditch. Carter was thrown out, his neck broken. Young Gifford, his left arm crushed, was whisked to the Mayo Clinic in Rochester, Minn...

Author: /time Magazine | Title: Milestones, Jul. 18, 1932 | 7/18/1932 | See Source »

...film really tried to answer the question in its title the result would be a tragedy (see p. 24), but it does not do so. It starts when a drunken director named Maximilian Carey (Lowell Sherman) walks into a Hollywood restaurant and orders six glasses of water. He is served by Mary Evans (Constance Ben-nett), a waitress who wants to be a star in cinema. She brings Carey his water so efficiently that he takes her to the opening of his picture and subsequently enables her to get a contract as an actress...

Author: /time Magazine | Title: Cinema: State of the Industry | 6/27/1932 | See Source »

Third largest of U. S. flour milling companies, Commander-Larabee Corp. (headquarters: Minneapolis) last week became a little bigger by a strategic purchase. It acquired, for an undisclosed price, G. B. R. Smith Milling Co. of Sherman, Tex., which has a 2,000-bbl. daily flour production and a million bushels storage capacity for wheat. Its location assures Commander-Larabee of a supply of Gulf grain and cheap water transportation to the Atlantic Seaboard. With the addition. Commander-Larabee has 14 flour mills with a 40,000-bbl. capacity and storage space for 30,000,000 bu. Commander-Larabee plans...

Author: /time Magazine | Title: Business: Commander to the Gulf | 6/27/1932 | See Source »

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