Word: foodstuffs
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Industrial dreamers have long enjoyed slumber-visions of a great foodstuff merger. Industrial doers have long pondered specific methods of making such dreams come true. Last week came rumors that the House of Morgan was planning a gigantic food manufacturer's consolidation. Nucleus of this merger was to be Fleischmann Co., of which the Morgan company purchased a large minority interest (400,000 to 500,000 shares) in 1926. Inspiration for working out the merger was provided by the unique Fleischmann daily delivery system. Constituents in the merged company were rumored as Postum, Gold Dust, Corn Products, Campbell Soup...