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...Peavey & Co. of Minneapolis, a top U.S. grain-storage and flour firm, surprised the industry by advertising to buy control of a big producing company. In newspaper ads, Peavey announced that it would pay $36 a share (v. $20.12½ market price) for 165,000 shares (about 70%) of the outstanding common stock of Russell-Miller Milling Co., fourth biggest flour producer. If the deal goes through, Peavey will become the third largest U.S. flour firm, topped only by General Mills and Pillsbury Mills...

Author: /time Magazine | Title: Time Clock, Dec. 28, 1953 | 12/28/1953 | See Source »

Born. To Philip H. Willkie, 33 (son of the late Wendell Willkie), Republican member of the Indiana state legislature, and Rosalie Heffelfinger Willkie, 24, daughter of Grain Millionaire F. Peavey Heffelfinger: their second child, second son; in Indianapolis. Name: Sleeth Heffelfinger. Weight...

Author: /time Magazine | Title: Milestones, Apr. 27, 1953 | 4/27/1953 | See Source »

G.O.P. National Chairman C. (for Charles) Wesley Roberts, who hails from Kansas, last week reached back to the Midwest for a new finance chairman of the Republican National Committee. To succeed Massachusetts' Sinclair Weeks, who resigned to become U.S. Secretary of Commerce, Roberts picked F. (for Frank) Peavey Heffelfinger, 55, millionaire Minneapolis grain man. Lean, hardworking Peavey Heffelfinger† is executive vice president of F. H. Peavey & Co., an old (79 years), conservative, family-owned firm which operates elevators, grain trucks, flour and feed mills. As plain as an old shoe in dress, mannerisms, and the way he runs...

Author: /time Magazine | Title: REPUBLICANS: New Moneyman | 3/2/1953 | See Source »

...considered defections. When one delegate told Stassen not to rely on him in a second ballot, Stassen said: "Then I don't want you on the first." In the morning caucus, sentimental loyalties to Stassen fought with political realities. Governor Elmer Anderson, Senator Edward Thye and Mrs. F. Peavey Heffel-finger, national committeewoman, asked Stassen to release them so that they could vote for Eisenhower. With tears in his eyes he agreed. Three more delegates asked to be released unconditionally, and again he reluctantly agreed, and added that the whole delegation could switch to Ike if he had more...

Author: /time Magazine | Title: National Affairs: The Nominating Ballot | 7/21/1952 | See Source »

...battle lines were drawn. Behind Gabrielson were ex-Willkieites Ralph Cake of Oregon and Sinclair Weeks of Massachusetts, hard-shelled ex-Chairmen Carroll Reece and Harrison Spangler, Minnesota's indefatigable Stassenite Mrs. F. Peavey Heffelfinger. Behind Dewey were many Westerners who resented the idea of a Wall Streeter in the chairmanship. Also behind Dewey was old Joe Grundy...

Author: /time Magazine | Title: REPUBLICANS: Change of Command | 8/15/1949 | See Source »

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