Word: schenley
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Dates: during 1930-1939
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...Schenley Distillers' June quarter was better than a year ago but profits for the half-year were down $1,200,000 to $3,000,000. Reason: Schenley's liquor sales were abnormally high in the first few months of 1934, following Repeal...
...Schenley Distillers Corp...
...White House got around to requesting Schenley Distilleries, which printed a big picture of the President in an advertisement on the anniversary of Repeal to cease and desist from doing so in future. Before making the request, Presidential Secretary Stephen T. Early called up Alcohol Administrator Choate and found that use of the picture had not been "authorized." called up Attorney General Cummings to ask whether Schenley could not be prosecuted. In all the maze of New Deal laws the Attorney General could find none that entitled him to sue the distillers for their deed...
After a long sobering up period following the Bacchanalian orgy of July, 1933, the liquor stocks again show promise. The old drinker's advice to "take a little of the hair of the dog that bit you" may prove profitable, especially Distillers and Schenley. Other good bets are Chrysler and Harvester. Among the rails, Atchison in the upper price range, and Southern Pacific and Southern Railway in the lower brackets look attractive...
...reason why Pennsylvanians had to pay higher prices: They were obliged to absorb a $2 a gal. tax which the Legislature last month put upon all liquor stored in the state. This tax was bitterly contested by Schenley Distillers Corp. who had most of the liquor stocks in the state -6,500,000 gal. Last week the quarrel was settled at the expense of the consumer when the Liquor Board got the company to drop its lawsuit by agreeing to buy all its supply for 80? more a gal. than the prevailing wholesale price...