Word: postum
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...there was one more thing he was to do for her. The old commercial paper house of Goldman, Sachs had grown wealthy and mighty during 30 years, floating the securities of companies that became great-Sears, Roebuck, General Cigar, Studebaker, Cluett Peabody, Woolworth, Endicott Johnson, Postum, Continental Can, May Department Stores, Pillsbury Flour, National Dairy Products, Goodrich Rubber, Lambert Pharmacal, Gimbel Brothers, Warner Brothers. Goldman Sachs had a bright partner named Waddill Catchings, Tennessee-born Harvard graduate who had been by successive and increasing turns lawyer, steelman and J. P. Morgan assistant in purchasing supplies for the Allies during...
FRANK SMITH GENERAL FOODS CORP. Postum Building New York City...
Among the deals which he negotiated was the purchase of a 49% interest in Frosted Foods, Inc., owner of the Birdseye quick-freezing process. Postum Co. (now General Foods Corp.) bought the majority interest with an arrangement for payment of preferential dividends if & when earned. Frosted Foods had invested about $1,750,000 in developing the process. Goldman Sachs Trading and Postum paid $23,500,000 cash to persons affiliated with J. P. Morgan & Co. for the company. After Banker Sachs became president, Goldman Sachs Trading wrote down its Frosted Foods investment to $1, later sold it to General Foods...
...about, playing in the pools that have unaccountably appeared in the San Andreas canyon's dry streambed. Old Pryor, Ethel's father, is also up-stealing down the back stairs to beg a cup of coffee from Hertha, the German girl, before Ethel, who favors Postum and orange juice for the aged, can intervene...
General Foods Corp., the combine formed around Postum, likewise showed a small decline with $14,407,000 against $15,515,000. Another food company to show tenacity was National Biscuit (Uneeda) with $14,532,000 against $16,768,000, but this was the first year in its history to show a decline from the previous year...