Word: hershey
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Dates: during 1930-1939
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...Hershey baronet...
Business has not been too good for Hershey Chocolate Corp. During the first nine months of 1931 its sales of chocolate bars (plain and nutty), of chocolate kisses, , cocoa, candy coating chocolate syrup and Cocoa-Milk beverage, were around 25% less than during the same period of 1930. The figures were $23,459,130 against $29,851,069. Nor has the cherubic Hershey Trade Mark (see cut) had less reason than usual to symbolize smilingly Health, Purity and Nourishment. But there has been no gloom around the big, clean plant at Hershey, Pa. Those neighboring Mennonites who did not join...
Because earnings have been improving, the Hershey balance sheet has remained strong. Last week the directorate met in Hershey, Pa. and?rare action in this year of grace?increased the dividend from $5 to $6.* Immediate beneficiary is the Hershey Industrial School, where 350 boys and young men learn useful trades. The school has 500.000 of the company's 706,520 common shares held in trust for it. On the directorate which voted the raise were Cousin Ezra F. Hershey and John E. Snyder, onetime postman. When in 1886 Founder Hershey began making caramels in a little alley, Postman Snyder...
...Food companies held up well. General Foods (Postum, Log Cabin Syrup, Cheek-Neal Coffee, Frosted Foods etc.) showed $10,167,000 against $10,629,000. Beech-Nut Packing (bacon, chewing gum, also a hotel in Rochester, N. Y.) reported $1,172,000 against $1,320,000. Hershey Chocolate's $4,718,000 stood against $4,253,000. During the June quarter William Wrigley Jr. Co. showed a sensational gain from $2,365,000 to $3,057,000. International Salt's first six months' $399,000 compared with last year...
Perhaps most interesting of Selected Industries' selections is 136,436-700/1000111 shares of National Dairy Products Corp. In 1929, before the break, it was known that Selected Industries had large holdings in Kraft-Phenix Cheese Corp. and hoped to merge that company with some others (Hershey Chocolate, Colgate-Palmolive-Peet) under the name Quality Products. The market broke, the bank interested in the deal lost interest, Kraft-Phenix finally was acquired by National Dairy Products, and another plan went to corporate ghostland...