Business: Deals & Developments: May 5, 1930

Food. Recent activity in the stock of General Foods Corp. was explained last week with the revelation that Bancamerica-Blair has bought 400,000 shares or 7% of the company's common stock from "private interests." Although the only change in General Foods will be the election of Hunter S. Marston, Bancamerica-Blair president, to the Board, some significance was attached to the fact that Blair and California Packing are very friendly. At present General Foods has more than 80 branded products (ten leading ones: Walter Baker's Chocolate, Maxwell House Coffee, Calumet Baking Powder, Postum, Hellman's Mayonnaise,...

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