Word: tilford
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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...
...first two acts-as 14-year-old Mary Tilford exerts her fearful wiles over schoolmates and grandmother and spreads her poison-The Children's Hour has the lure of mounting melodrama. It is with the last act that something at once harsher and more humane begins to blow through the story, and with the very last scene-when the surviving schoolmistress faces an enlightened, remorseful old lady-that the play takes on, emotionally and morally, a sense of the tragic...
...Hunt Tilford Dickinson, of New York City and Locust Valley, L.I., whose principal occupation is to take care of his investments, told TIME he had nothing to say about his old roommate. But all of them remember Rabbit with affection. Although every one of them is now a Republican, one says flatly that he will vote for him, and some of the others are wavering...
Died. David Albert Schulte, 76, president (1903-48) and principal owner of the nationwide Schulte cigar-store chain, chairman of the board (1923-45) of Park & Tilford, Inc. (liquor and cosmetics), president of Dunhill International, Inc. (tobacco and perfume); in Holmdel, N.J. One of Manhattan's biggest real-estate operators (he had an intuitive genius for choosing the right corner-site retail stores), Schulte began as a $5-a-week errand boy, ended owning nearly 200 stores in 125 cities...
Within the past month one big liquor deal has gone through: Seagram's $43,000,000 purchase of a 95% interest in Frankfort Distilleries. Two other big deals are bruited: Allied Mills may sell its whiskey subsidiary, Century Distilling Co., for around $28,000,000; Park & Tilford is dickering for Brown Forman. In all these deals the buying price is more than $100 per barrel of whiskey stocks-a good deal more than their value on the books of the small fry selling...