Word: tinning
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Dates: during 1930-1939
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...launched at the Century's turn by the gaudiest crew of bigtime promoters in U. S. history, American Can Co. was very nearly a perfect monopoly. It had at the start, thanks to the tireless efforts of Judge William Moore, Daniel Gray ("Tsar") Reid and William Bateman ("Tin Plate") Leeds, over nine-tenths of the country's entire can business. But by the time the trustbusters of Roosevelt I got to work on it, American Can had already destroyed its virtual monopoly by its dizzying prices. Competitors had swarmed in under the "Tin Can Trust...
...good guesses on U. S. can statistics but official sales figures have always been a dark secret. American Can got an injunction against SEC to prevent release of its old data but finally capitulated in its 1936 report, out last fortnight. Last week National Can, a subsidiary of McKeesport Tin Plate and No. 3 U. S. can maker, also revealed its sales. Though Continental's report still omitted the vital figures, it was now possible to fill in most of the hitherto sketchy can picture. Total can production amounted to some $375,000,000. American Can's share...
...Stockmarketeers as usual did not wait for annual reports to register their low opinion of can shares. From a Recovery high of $149 per share American Can by last week was down to $109. Continental was off from a 1936 high of $87 per share to $62, McKeesport Tin Plate from...
...worth of cans, which meant perhaps 300,000,000. More annoying to American and Continental is Baltimore's Crown Cork & Seal, No. 1 maker of bottle caps. Last year Crown sold a subsidiary automotive supply business called Detroit Gasket, started to put the proceeds into tin cans. Its production last year was trifling, and even this year after a big new Philadelphia plant is completed, Crown probably will account for no more than 2% of the total U. S. can output. Crown is also developing an aluminum plated can, supposedly cheaper than tin cans, which are sheet steel plated...
...life of Kerry (Henry Fonda). When Kerry swaps Marie six nags for Wings of the Morning, the gypsies make her go and beg her bargain back. What makes the scene confusing for Marie is that she still has on trousers, and that Kerry is bathing in a small tin tub; Sex, however, is established on its conventional lines by the time Kerry's Destiny Bay runs against Marie's Wings in the Derby. Her Spanish fiancé, Diego (Teddy Underdown), has claimed her and she would have married him if he had not renounced her when it seemed...