Word: minting
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SCHERING CORP., a top ethical drugmaker (1956 sales: $57 million), will merge with $12.7 million-a-year White Laboratories (Feen-A-Mint, Aspergum) to fight current attempts by Revlon Inc. to win Schering control. If stockholders approve, Schering will swap about 11% of its shares for White, thus set up White group as a counterbalance to Revlon, which now owns 9% of Schering stock, probably the biggest single block outstanding...
...Past the mint-and custard-colored roofs of Pnompenh's lacquered palaces, a black Lincoln limousine sped south, bound for the rambling Cambodian seaside resort of Kep, 90 miles away by the green waters of the Gulf of Siam. Inside the big car, lonely and unhappy, sat cherub-faced Norodom Sihanouk, who gave up his throne to serve as Premier and had already resigned the premiership three times in less than two years. Behind him in Pnompenh Prince Sihanouk left with his father, King Suramarit, a statement of his intention to resign for the fourth time...
There He Soaks. Christian Dior, assiduously unassuming, rarely appears at theaters, operas or balls. Mornings, he starts the day with a cup of mint tea, served in his crimson-canopied antique bed by his sinisterly handsome Spanish butler. When he is preparing his collections, he then repairs to the bathroom with its Empire tub of green marble lined with silvery metal and fitted with swan's-head faucets. There he soaks. Hours later, he has covered hundreds of tiny scraps of paper with tiny figures, a kind of hieroglyphic reverie of contours and silhouettes...
...Harl and Tulla drink about 21 cups of coffee a day: Harl, only three ("or I go through the ceiling"); Tulla, 18 ("I just love it!"). They have 20 kinds, ranging from "Angel's Bosom" (Cuban black coffee with lemon peel) to "Cafe del Diablo" (Java Semarang, blended with mint.) Harl says Boston is "just a hick town when it comes to coffee. None of the restaurant suppliers knew what an espresso machine was." Harl and Tulla also serve pastry, cheese, and sandwiches...
...York companies that have made a mint from nickel candy decided last week that life would be even sweeter under one corporate wrapper. Life Savers Corp., whose 14 candy flavors earned $2,750,000 last year, agreed to merge with Beech-Nut Packing Co., third biggest U.S. chewing-gum maker (after Wrigley, American Chicle). The merger, still to be formally approved by directors and stockholders, was a logical move for both companies. Life Savers was eager to expand. Beech-Nut, which also makes baby food, coffee and peanut butter, had been unable to fatten its profit margin: only...