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...himself in Bernheim Distilling Co. and who last week shouldered forward by purchasing at government auction 24,000 cases of liquor seized on the high seas; Harry C. Hatch who had come down from Canada to build a huge distillery in Peoria, Ill. for his Hiram Walker-Gooderham & Worts; a Philadelphia gentleman by the name of Simon ("Si'') Neuman who was sure his Publicker Commercial Alcohol Co. could make 17-year-old whiskey in 24 hours. There were importers large & small, California wine growers, New York champagne men, distributors, restaurateurs, hotelmen, bootleggers. There were realtors, hairdressers and elevator...

Author: /time Magazine | Title: Business: Rum Rush | 12/4/1933 | See Source »

...shares of its stock at $15 a share. Advertisements ("a matter of record only") had not even appeared before the stock was whipped up to $46 a share on a when-issued basis. ¶ Within 24 hours after Illinois had formally ratified the 21st Amendment last week, Hiram Walker-Gooderham & Worts, Ltd., potent Canadian liquor company (Canadian Club Rye), announced that it would build a huge distillery at Peoria. Construction will begin in January with an initial investment of $1,000,000. The distillery will consume 20,000 bushels of grain per day, will have a daily output...

Author: /time Magazine | Title: Business: When Whiskey Flows | 7/24/1933 | See Source »

...post of Undersecretary was appointed Dean Gooderham Acheson, 41, native of Connecticut, resident of Maryland, lawyer of Washington. Secretary Woodin did not meet the man who was to be his chief fiscal adviser until after the appointment was made. Largely responsible for Mr. Acheson's selection was his good young friend. Director of the Budget Lewis Williams Douglas, whose word has impact at the White House. Long familiarity with intricate tax cases comprised the new Undersecretary's principal qualification...

Author: /time Magazine | Title: THE CABINET: Treasury Stapled | 5/15/1933 | See Source »

Three-for-One. The more usual variety of stock split-up was reported by Hiram Walker-Gooderham & Worts, Ltd., of Canada, shareholders approving a three-for-one split-up, with rights. Hiram Walker is, of course, famed as whiskey-maker. U. S. interest in the split-up was keen in Missouri, whose Congressman Leonidas Dyer recently purchased Hiram Walker stock without knowing the nature of the product and sold, precipitately, at a loss, when the horrid truth became evident to him. Congressman Dyer talked of suing the Manhattan Curb to get back his lost money. Had he not been...

Author: /time Magazine | Title: Business & Finance: Split-tips | 5/20/1929 | See Source »

...been already chosen, will be erected. Whiskey. The Fisher brothers of Detroit are everywhere at once. Last week rumor put their money in Canadian whiskey, in a merger which will form the world's largest distilling company. U. S. capital, perhaps Fisher, is heavily invested in Hiram Walker-Gooderham & Worts Ltd., which controls more than half of Canada's whiskey. Last week dickerings went on between Walker and two other large Canadian whiskey producers. Consolidated Distilleries Ltd., Brewers & Distillers Ltd. Sir Edward Mackay Edgar, British banker, recent guest in Canada and the U. S., was believed to have...

Author: /time Magazine | Title: Business & Finance: Mergers, Acquisitions | 1/21/1929 | See Source »

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