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Newspaper
Cincinnati The Sun
Location
Cincinnati, Ohio, United States of America
Date
Sep 03, 1948
Page
10
The Ohio CIO-PAC rallied in Cincinnati adopting a resolution to support the CIO-PAC Dollar Drive. The pledge commits CIO locals statewide to raise funds to finance the CIO-PAC program and advance political action, literature distribution, and radio outreach.
Investigations Commissioner John M Murtagh charged three major distributors Shefield Farms Co Borden Co and the Dairymen's League Cooperative Assn with conspiring to divide the city milk market. The firms allegedly controlled a 2 million yearly business serving 37 city institutions and kept prices high.
The commissioner issued subpoenas to three firms to probe if they paid rebates to local chain stores and grocers, as part of a targeted records request.
The 1948 return on investments for 528 corporations stood at 18.8 percent, higher than the 16.3 percent recorded for the same period in 1947.
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