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...beer-tide which swept the land last week, the famed Milwaukee brewing house of Pabst Corp. merged with Premier Malt Products Co. of Chicago (TIME, Nov. 14). Last week it became increasingly clear that this deal marked the passing of Pabst Corp., one of the big U. S. family-owned businesses, into the hands of outsiders. The outsiders are Harris Perlstein, aggressive young head of Premier, and his smart assistant, Philip A. Singer. Through the deal the Pabst family become large stock-holders in Premier which will run their famed company as a subsidiary...

Author: /time Magazine | Title: Business & Finance: $7,500,000 a Year? | 11/21/1932 | See Source »

...hoariness or tradition clings to Premier. It was formed soon after Prohibition by Anton Spaeth of Decatur, Ill. who saw that there would be a home-brew market for malt. In order to better his product he hired Messrs. Perlstein & Singer. So able were they that within a few months they were partners in the business and soon controlled it. Premier bought a second plant at Steubenville, Ohio and then a third in the once great whiskey city of Peoria. It concentrated on malt products and thrived while the old-line companies struggled to sell near beer...

Author: /time Magazine | Title: Business & Finance: $7,500,000 a Year? | 11/21/1932 | See Source »

...deal with Pabst, Premier Co. stands ready to join the front-rank scramble for national beer sales. Premier plans to concentrate all its brewing in Milwaukee, to use its Peoria plant to make a breakfast food and the other two to make malt products, probably for the trade. The Pabst cheese business will be continued. An unusual glimpse into the private figures of beerdom was afforded recently when Hilson & Neuberger, Manhattan bankers, offered some shares in Anheuser-Busch, Inc. The company's assets were listed at $26.295,000 and its earnings for the first half of the year were...

Author: /time Magazine | Title: Business & Finance: $7,500,000 a Year? | 11/21/1932 | See Source »

...Malt, wort and grape conc...

Author: /time Magazine | Title: FISCAL: Shriveled Fruit | 10/3/1932 | See Source »

...inscriptions as "Hail the King-Adoremus-Laudamus Te." President Eamon de Valera's journal, The Irish Press, urged the Irish to plant trees in commemoration of this event, "one of the greatest ... in Irish history." So that visitors might drink freely of Ireland's excellent whiskies and malt brews, all Irish Free State circuit judges were permitted by a "Eucharistic Congress Bill," to extend the hours of sale of alcoholic liquors, from June 18 to July...

Author: /time Magazine | Title: Religion: In Dublin | 6/20/1932 | See Source »

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