Word: fleischmanns
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...were deeply interested. When, last week, final approval of the long-pending merger of Continental Oil and Marland Oil companies was interpreted as first step in a national Morgan oil corporation, public interest was wider but still quiescent. But also announced last week was a Morgan-managed merger of Fleischmann Co., Royal Baking Powder Co., and E. W. Gillett, Ltd.* At that the country sat up and took sharp notice...
Everyone knows Fleischmann's yeast, everyone knows Royal baking powder, everyone knows Chase & Sanborn coffee. The coffee company was indirectly included in the merger because Royal Baking Powder has large holdings of its stocks. The holding company which will control Fleischmann and Royal is expected to purchase Chase & Sanborn control. Many another food company was mentioned as likely to join the Fleischmann-Royal combination, especially Campbell Soup, Gold Dust, Postum Co., Inc., Kraft-Phoenix Cheese Corp. Securities of the three companies already merged had last week a market value of about...
...dreamers have long enjoyed slumber-visions of a great foodstuff merger. Industrial doers have long pondered specific methods of making such dreams come true. Last week came rumors that the House of Morgan was planning a gigantic food manufacturer's consolidation. Nucleus of this merger was to be Fleischmann Co., of which the Morgan company purchased a large minority interest (400,000 to 500,000 shares) in 1926. Inspiration for working out the merger was provided by the unique Fleischmann daily delivery system. Constituents in the merged company were rumored as Postum, Gold Dust, Corn Products, Campbell Soup, Heinz...
...Fleischmann company has more than 300,000 bakers and grocers who receive their yeast from the Fleischmann company. Bakers are visited daily; grocers triweekly. A transportation subsidiary and 900 agencies see to it that contacts are never broken. In March 1918, a blizzard struck Chicago, kept the 41 Fleischmann delivery trucks in their garages. Thereupon the Fleischmann Chicago personnel equipped itself with yeast-packed satchels, made a door-to-door journey to Fleischmann customers...
...Fleischmann Co., (sole rights to Scientist Fred Hayduck's yeast process and Scientist Carl Neuberg's testimonials) net, $19,820,668. Previous year...