Word: hormell
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...Chips. "Bar BQ" potato chips coated with a spicy tomato-paste sauce have been put on the market by Frito of New York, Inc. and the Lay Potato Chip Co., Atlanta. Price: 29? for a 3½-oz. package. For quick snacks, George A. Hormel & Co. has put on sale precooked pieces of ham wrapped in egg and breadcrumb mix and fastened on a stick. Price: 59? for a box of eight...
Born. To Thomas Dubois Hormel, 24, heir to the Hormel (meat packing) millions, and Simone Mostovoy, 21, onetime Parisian ballerina: their first child, a daughter, first grandchild of the late Jay Hormel (see below); in Hollywood. Name: Michelle Victoria. Weight...
Died. Jay Catherwood Hormel, 61, board chairman of George A. Hormel & Co.; of a heart ailment; in Austin, Minn. As a World War I lieutenant in the Quartermaster Corps, Hormel won the plaudits of the brass by showing meat packers how to bone beef before it was shipped overseas (saving 40% in cargo space), came home to make a fortune for his father's meat-packing company and fame of a different sort in World War II by inventing Spam, a canned pork product, which became the ubiquitous item on Allied military menus the world over. In 1931 Iconoclast...
Roast in the Can. Low-priced canned beef will soon be put on the market by Swift, Armour and Hormel to capitalize on the recent drop in beef prices and an anticipated fall surplus of low-grade beef. The chopped-beef luncheon meat will resemble Spam, is expected to sell for 37? to 39? per 12-oz. can (v. about 47? for Spam...
Wage guarantee plans are not new. There are more than 200 in operation, most of them management-sponsored. For example, Procter & Gamble Co. guarantees employees a straight 48 weeks of work a year; Geo. A. Hormel & Co. guarantees 52 weeks a year by charging overtime in rush periods against undertime when business is slow; Nunn-Bush Shoe Co. sets wages at a fixed percentage of sales, thereby has given full employment since...