Coffee Price Cut by General Foods in Western Markets
General Foods Corp announced a three cent per pound cut on its regular ground coffee in White Plains WY starting tomorrow. The price reduction affects Maxwell House Sanka and Kaffee Hag brands, made possible by lower wholesale costs and a broader easing trend since February.
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General Foods Corp
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T. K
Lost Million Paid by Insurance Co s Chase Manhattan
Insurance companies reportedly paid a million to restore a Chase Manhattan loss tied to a U S treasury debt. A bank spokesman said the money will be recoverable by insurers from the government. A Treasury note was noted as four days overdue amid ongoing paper reviews.
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Insurance Co
Treasury
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