Word: yeast
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...last week the Commission had burrowed down to A. & P.'s "unsatisfactory list," a file of suppliers who got no orders because they refused to yield to A. & P.'s economic bludgeoning. In previous hearings the Commission had learned how A. & P. bought Fleischmann's Yeast at 14 ?per lb., whereas little bakers paid as much as 25? how A. & P. had extracted a 4% discount on canned soups and vegetables from Maryland's Colonel Albanus Phillips; how A. & P. got 3% off on sardines from R. J. Peacock Canning Co. in Lubec...
...control. As shares in the utilities at the base of his pyramid rose, the shares in companies above them rose a little faster. On the super-top holding companies the effect of this multiplying leverage was prodigious. Central States stock began to expand and divide with the exuberance of yeast cells. Between 1924 and 1929 the common was split 60-for-1, the value of a single share increased from $10.50 to $5,600, and Mr. Williams' holdings, though reduced to 90%, amounted to 7,500,000 shares worth...
...capital goods industries like steel, whose markets contract and expand directly with the business cycle. After a study of 161 corporations, Standard Statistics estimated that earnings in the capital goods industries were up about 80%, in the consumer industries, about 40%. Bread & Meat-Standard Brands, Inc. (Fleischmann's Yeast, Royal Baking Powder, Chase & Sanborn Coffee) made $14,727,000 compared to a satisfying $12,744,000 in 1935. Ward Baking Corp. made $1,838,000 compared...
...Valley's outdoor, glass-walled swimming pool, for which the water has to be cooled because it comes from natural hot springs, will paddle notables like Robert Pabst (beer), Julius Fleischmann (yeast), William S. Paley (Columbia Broadcasting), Ward Cheney (silk). Arrival of Hollywood bigwigs like Producer Sam Goldwyn and Actor Gary Cooper for Sun Valley's premiere, is likely to leave Ketchum profoundly bored. Because the town is too small for a cinema theatre, they are unknown. Proprietors of Ketchum's Brant Hotel and its $2-a-day tourist camp dislike their new rival, expect...
...sawdust, which is mostly a waste product or burned as an inferior fuel in lumber mills. Of the sawdust 60% to 65% becomes sugar, 5% acetic acid, 30% lignin which again can be used to make charcoal or wallboard. The sugar can be converted into protein by treatment with yeast; into fat by feeding it to pigs. Dr. Bergius said last week that, "for the present," food-from-wood is being fed to animals; he avoided saying that if Germany gets into a tough war it will be fed to humans...