Business & Finance: Pencils

Six companies make most of the world's pencils. Four are in the U. S. Three are owned by families. All are over 70 years old. Standard pencils are in the 5¢ and 10¢ fields. The four companies and their leading brands are:

5¢ 10¢

American Velvet Venus

Dixon Ticondcroga Eldorado

Eagle Mikado Turquoise

Faber Mongol Van Dyke (15¢)

About 40 raw materials go into a pencil.

It takes a month to make a penny pencil, six months for a 10¢ pencil. Cedar wood is best. When the cedar forests of the South began to be exhausted...

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