Word: mazola
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Food Faddists. In women's magazines appeared ads from Corn Products Refining Co. praising "golden-light" Mazola salad-and-cooking oil as "pure corn oil . . . not hydrogenated, unsaturated, nutritionally unexcelled." In medical journals, Corn Products sharpened its attack, invited doctors to write in for a free booklet, "Vegetable Oils in Nutrition." stressing reports on the connection of undesirable fats and heart disease. "Evidence is accumulating," said the ad, "that quality of the dietary fat may be more important than quantity...
...Pittsburgh's Mellon Institute. At the institute, Reid did research for Union Carbide & Carbon Corp., after nine years' work on esters succeeded in producing Vinylite, the plastic now used for shower curtains, combs, etc. In 1943, Reid, a Kansan, joined Cora Products (maker of Karo syrup, Mazola oil, etc.) as a vice president, during the war served as chemicals boss...
Corn Products Refining, world's biggest corn grinder (Argo starches, Karo corn syrup, Mazola oil), reported a nine-month net of $8,339,192, compared to $5,373,070 for the first three quarters...
...price paid for corn normally represents 60% of the production costs of Corn Products Refining Co. (corn starch, Karo corn syrup. Mazola oil, corn derivatives). With 1934 corn prices substantially higher than last year's, it reported half-year profits of only $4,402,000 against $5,188,000 for the first half...
...Penick & Ford. Last year it earned $14,067,000 against $16,309,000 in 1929. Its total assets come to $127,393,000 against Penick & Ford's $14,097,000. Some 9,000 people own its common stock. Corn Product's best known brands include Argo starch, Mazola oil, Karo syrup, Linit starch, Cerelose sugar, Kremel pudding powder. Since Father Bedford was believed to be one of its largest shareholders, Son Bedford may find himself in the strange position of having a more valuable investment in Corn Products than in his own company...