Word: postum
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Dates: during 1920-1929
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...included in the merger because Royal Baking Powder has large holdings of its stocks. The holding company which will control Fleischmann and Royal is expected to purchase Chase & Sanborn control. Many another food company was mentioned as likely to join the Fleischmann-Royal combination, especially Campbell Soup, Gold Dust, Postum Co., Inc., Kraft-Phoenix Cheese Corp. Securities of the three companies already merged had last week a market value of about...
...this merger was to be Fleischmann Co., of which the Morgan company purchased a large minority interest (400,000 to 500,000 shares) in 1926. Inspiration for working out the merger was provided by the unique Fleischmann daily delivery system. Constituents in the merged company were rumored as Postum, Gold Dust, Corn Products, Campbell Soup, Heinz, Royal Baking Powder, Procter & Gamble, and many another. The rumors met with emphatic denials from the companies mentioned; meanwhile Fleischmann and other food stocks climbed with a rapidity that showed considerable Wall Street faith in the merger story...
Blumenthals. Famed among cocoa makers are the Hershey Chocolate Co., the Walter Baker Co. (Postum subsidiary) and the Blumenthal Bros. There are five Blumenthals, Joseph, Meyer, Aaron, M. I., and Jacob; but Joseph, the president, is more potent than his brethren. Last week he bustled busily over the Exchange. He is a small, thin man (hardly five feet tall) with a brown suit which he has worn so consistently that it is indelibly associated with him. Of German descent, he is an Orthodox Jew, and rarely visits the Exchange on Saturdays except when there is a very threatening bear market...
...capitalization of $110,500,000. Prominent among its executives are Director Arthur W. Cutten and Board Chairman Elisha Walker, first partner of Blair & Co. (TIME, Dec. 10). Other famed directors are Halstead G. Freeman, president of Chase Securities, Charles Hayden, of Hayden, Stone & Co., E. F. Hutton, chairman of Postum Co., Inc. President is John H. Markham, Jr., head of the Exchange Bank of Tulsa, Okla., an independent oil opera tor. Petroleum Corp. will make its initial investments in Prairie Oil & Gas and Prairie Pipe Line?the two oil companies whose Rockefeller holdings (TIME, Dec. 10) were recently purchased...
Milk. Like the Postum Co. and Kroger Grocery & Baking Corp., the Borden Co. is constantly acquiring lesser and allied firms. Borden's latest acquisitions are Thompson's Malted Milk Co., Kennedy Dairy Co. and Clover Leaf Milk...