Word: brewers
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...produced. Of the remaining 14 million tons, more than 8,000,000 tons will be sold to nations with quota systems similar to the U.S. The remaining 6,000,000 tons, which sells at the world market price, is largely surplus sugar. Says Boyd MacNaughton, president of C. Brewer & Co. Ltd., Hawaii's second largest sugar company: "The so-called 'world market' is a dumping ground for surplus sugar that doesn't have a home...
...capita sugar consumption in developed countries has leveled off or even declined, it is soaring in the rapidly developing countries of Asia, Africa and Latin America. This trend was first spotted two years ago by President Boyd MacNaughton, 51, of Hawaii's second largest sugar company, C. Brewer & Co., Ltd., which arranged to design and operate a 25,000-acre sugar plantation for Iran. Said MacNaughton: "If we want to grow and expand in the sugar business, we have to do it outside Hawaii and the U.S." Into the Sudan. Both Sugar International and Brewer are seeking...
...sugar a year. Born in the boom were the "Big Five" factoring companies, set up to handle the business of the sugar plantations. Gradually, they took over the functions of business agent, banker, labor supplier and arbiter of status. By 1941, the paternalistic Big Five-American Factors, Ltd., C. Brewer & Co. Ltd., Alexander & Baldwin, Castle & Cooke Ltd., Theo. H. Davies & Co.-hovered over a vast economy worth $309 million (v. a 1958 gross territorial product of $1.4 billion), and by virtue of interlocking directorates and interlocking marriages, controlled wholesale and retail business, agriculture, banks, land, shipping, society-everything...
...Broadway musicals and 31 movies, twinkle-toed Hoofer Fred Astaire published his highly informal, do-it-yourself autobiography titled (on Noel Coward's suggestion) Steps in Time (Harper; $4.95). More a theatrical log than a self-portrait, the book brings Astaire from his Omaha boyhood (papa was a brewer of Austrian descent) to the pinnacle of popular dancing, a position he has enjoyed for half his life. Astaire fans will be elated to hear that the end of his career is nowhere in sight. Writes the mellowing top-hatter: "What is this age bit that goes on about actors...
Perry Presents (NBC, 8-9 p.m.). More summer replacements, in this case the appealing pair, Teresa Brewer and Tony Bennett, with the Four Lads...