Word: scotches
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Back in Coates's office, Ruiz pulled a paper bag with a suspicious bulge out of his pocket. "Here it comes," thought the reporter. But all that emerged from the bag was a pint of Scotch. "You care if I take a few nips while we talk? I feel pretty shaky," said Ruiz, shaking...
Barrels & Breeding. Many of the opportunities are new; others have been around but are just being discovered by the mass of speculators. Investment in Scotch whisky, once highly specialized, has become so widespread that the Securities and Exchange Commission recently announced that it will move to impose controls on it. Investors buy the raw whisky by the barrel, wait while it ages for three years or longer, often collect a 100% profit when it is finally sold to bottlers. For $1,000, those who want to be angels can buy a 1% share in the North American rights...
...news out of Scotland last week was enough to give any Rob Roy drinker pause. A crisis is bubbling in the Scotch industry, whose exports earned Britain more than $258 million in muchneeded dollars and other foreign exchange last year. The crisis is not due to a shortage of whisky but of barrels...
...Scotch is aged in used barrels, which improve flavor and prevent undue evaporation. Best for the job are sherry-soaked, whiteoak barrels from Spain. Second best and far behind are used 50-gallon bourbon barrels from the U.S., in which most Scotch is matured. Because of rapidly rising Scotch demand and production, used bourbon barrels are becoming scarce, and have doubled in price over the past 18 months to $28 per cask...
Within the next year, Seagram will bring out two new Scotches (100 Pipers and Passport), and four liqueurs, as well as a gin, a vodka and the first Hawaiian rum. Bronfman aims for 100 Pipers to compete against the bestselling U.S. Scotch, Schenley's Cutty Sark, which happens to be the favorite of Lyndon Johnson. The new liqueurs will have a more limited market than the mixed drinks and Scotches, but will be more profitable. "It is our philosophy," says Edgar, "that as costs keep going up we have to come out with higher margin items...