Business & Finance: More Mergers: Jan. 2, 1928

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Kaffee Hag. The Kellogg Co. (cereal foods) has bought the Kaffee Hag Corp. of Cleveland, makers of decaffeinated coffee, and will immediately increase the production and sale of Kaffee Hag. Said J F O'Brein, vice president and director of sales for the Kellogg Co., last week: "We realize that coffee is the great national drink of America. There are thousands of people, however, who like coffee, but who feel that they should not drink it with the caffein in it. These people, together with the non-coffee drinkers, including children, constitute a tremendous market for a caffein-free coffee." President George Gund of the Kaffee Hag Corp. will continue to manage its Cleveland factory. Furniture & Furnishings. If a hotel, restaurant, hospital, school, railroad or ship requires furnishings, the source of supply usually first thought of is Albert Pick, Barth Inc., largest company of its kind. Last week it became larger by absorbing seven companies that manufacture wooden or sheet metal furniture and sell the pieces through chains of retail furniture stores. A $30,000,000 consolidation, this was the greatest in the history of furniture and allied industries. Milwaukee Dairies. To make ice cream, cheese, butter and other milk products on a vast scale and to sell them in Wisconsin, northern Illinois, and the northern peninsula of Michigan—the Waukesha Milk Co., the Blommer Ice Cream Co., and the Bendfelt Ice Cream Co., all of Milwaukee, last week consolidated their interests as the Wisconsin Creameries, Inc.

This is the third recent occasion of Wisconsin dairies merging. Previously the National Dairy Products Corp. absorbed the Luick Ice Cream Co.; and the Gridley Dairy Co. (largest milk distributor in the Milwaukee district) bought the Mansfield Ice Cream Co.

Detroit Banks. Directors of the American State Bank of Detroit last week approved a proposal to merge with the Griswold First State Bank of Detroit.

Chicago Banks. Three pairs of Chicago banks last week completed arrangements for their respective mergers: 1) Albany Park National Bank with the North Park Trust & Savings Bank; 2) Chicago Trust Co. with the National Bank of Commerce; 3) Humboldt State Bank with Keystone Trust & Savings Bank.