Word: albanus
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...economic bludgeoning. In previous hearings the Commission had learned how A. & P. bought Fleischmann's Yeast at 14 ?per lb., whereas little bakers paid as much as 25? how A. & P. had extracted a 4% discount on canned soups and vegetables from Maryland's Colonel Albanus Phillips; how A. & P. got 3% off on sardines from R. J. Peacock Canning Co. in Lubec, Me.; how it got a 3% allowance on canned cherries from an Alton, N. Y. packer. Not only did the Commission suspect discrimination: it looked as if A. & P. had merely substituted...
Motorman Chrysler was not the only distinguished defendant arraigned before Judge Chesnut last week. Among others, Director Joseph B. Weaver of the U. S. Bureau of Navigation and Steamboat Inspection, was fined $5 for unplugged gun, $1 for unpasted stamp. Enroute from Texas, Albanus Phillips, big, bluff Cambridge Md. soupmaker whose 6,700-acre estate adjoins his good friend Mr. Chrysler's, was expected in court this week to answer a charge of baited shooting...
Phillips Packing, having lost money-in spite of its cheap canned soup campaign-in the first quarter, cleared $143,706 in the second quarter, upped the figure to $861,365 for the third quarter. Boomed Soup-man Albanus Phillips in issuing his statement: "Please bear in mind . . . that I do not wish to commit the company to the issuance of quarterly statements...
Last week Colonel Albanus Phillips, the company's big, bluff founder-president, let the public in on what has always been a family-&-friends affair. Small issues of common and preferred stocks were offered by the Manhattan firm of Lehman Brothers. Out of the total proceeds of $1,895,000, about $1,200,000 will be used to pay off notes and bank loans, presumably incurred to finance the 5? soups. Balance will go into expansion, working capital, possibly introduction of a new brand of canned dog food...
...SOUPMAKER ALBANUS PHILLIPS...