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Price Up and Held Down in July Trade Movement
In New York prices for cigarettes milk yarn rubber tile flooring and heavy fuel oil rose on some producer and distributor actions while pork chops fell 10 to 30 cents per two pound unit in some cities. Phillips-Jones guaranteed prices on Van Heusen items through Christmas 1950. Camel and Cavalier cigarettes rose to eight dollars per thousand, others may follow. Milk distributors will raise prices to stores wholesalers and home delivery by a cent or a cent and a half per quart respectively starting Aug. 1. Heavy fuel oil rose ten cents per barrel by Standard Oil California. Celanese outlined 2 to 6 percent increases on acetate and viscose rayon yarns. Sloane-Blabon added two cents per square foot to tile pricing.
MENTIONED IN THIS ARTICLE
New York
Phillips-Jones Corp
van Heusen
Camel
Cavalier
R. J. Reynolds Tobacco Co
Standard Oil Co
California
Celanese Corp. of America
Sloane-Blabon Corp