Some 2,800 stockholders in two lately obscure U.S. corporations are about to be inundated with 255,000 bbl. of rye and Kentucky bourbon. That is 12,240,000 gal., or 48,960,000 quarts, or 61,200,000 fifths of Christmas cheer. The cheer:
To save excess-profits taxes, Baltimore's small Tom Moore Distillery last week declared a dividend of 27 gal. of bourbon whiskey for every one of its 17,500 shares.
New York's American Distilling Co., now busy with "buna and bombs," this week announced it would sell all of its 245,000 bbl. of bourbon and rye to its stockholders at cost (around $30 a bbl.). Two days...
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