Manhattan Records Socks
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Description: Varsity Records was one of two labels that comprised the United States Record Company; Royale Records was the other. Eli Oberstein created the USRC in the summer of 1939, shortly after he left an executive position at RCA Victor. Varsity was considered a "budget" label, specializing in popular music and selling records for 35 cents each. Royale was more expensive, at 75 cents a record, and specialized in classical music.