Word: schenley
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Local moonshine consumption is on the upswing, legal liquor sales are dropping, and the federal government isn't helping things at all, a Schenley Products spokesman told the CRIMSON yesterday...
...Distillers Corp.-Seagrams, $9,815,375; General Foods, $9,351,441; Procter & Gamble, $7,251,400; Lever Bros., $6,803,797; National Distillers Products Corp., $6,718,375; Schenley Industries...
...SCHENLEY INDUSTRIES, one of the world's biggest whisky makers (fiscal 1954 sales: $410 million), has gained control of Park & Tilford Distillers Corp. (estimated 1954 sales: $45 million) by buying 176,000 shares of stock (70%) for $7,500,000 from President Arthur D. Schulte and his family. Schenley will offer the same price ($43 per share) to all remaining stockholders...
...Richard Weil Jr., 46, onetime president of Macy's Manhattan store (world's largest) and advocate of "practical thinking" and "trained intuition" for solving management problems, was appointed chairman of the new five-man operating committee for Schenley Industries, Inc. (biggest U.S. distillery). Yaleman Weil, grandson of one of Macy's founders, resigned from Macy's after a year of falling profits and a money-losing price war on fair-trade merchandise. Since then he has been serving as unpaid president of the National Association for Mental Health...
...Schenley, Weil will work under Board Chairman Lewis Rosenstiel and President Ralph Heymsfeld. ¶ Arthur K. Watson, 35, youngest son of Thomas J. Watson, board chairman of International Business Machines Corp., moved up from vice president to president of World Trade Corp., the I.B.M...