Business: Cow

In Wall Street's menagerie of bulls, bears, lambs, wolves, the homely U. S. cow has suddenly appeared; or to put the matter less figuratively, Wall Street has seized upon the cow and capitalized her to the tune of many millions of dollars.

The National Dairy Products Co., organized as a merger of previously separate dairy concerns in 1923, recently acquired the Sheffield Farms, Inc.—leading milk producer. National Dairy Products now have an annual sales volume of about $100,000,000, which compares with $130,000,000 for National Biscuit and $100,000,000 for the Continental Baking Corporation.

The...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!