Business: Grigsby-Grunow

Famed for the nights of its stock has been Grigsby-Grunow Co., which in 1929 made more radio sets than any other company. But. after dropping to $14 1/2 during the Break, Grigsby-Grunow has been slow to recover, for radio business is risky business—or so it seems to the public after what happened to Roister, Freshman and a half-dozen others. And, in addition to risky radios, Grigsby-Grunow has decided to manufacture refrigerators, a field where General Motors, General Electric and Kelvinator present formidable competition. In 1928 General Asphalt Co. beat a disorderly retreat from...

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