Deals and Developments
Share-Work Spread. The boss of Standard Oil Co. of New Jersey and the boss of Socony-Vacuum Corp. did not agree last week on the crude oil price situation. But they did agree on the merits of the five-day week. New Jersey's Walter Clark Teagle, as head of the National Coordination Committee, has campaigned since August on the subject. Companies which have supported him and put their employees on the five-day schedule have included, besides his own. General Motors Corp.. Procter & Gamble Co., New York Daily News, Metropolitan Life...
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