£5,000,000 WHISKEY TRUST.

Taihape Daily Times, 17 July 1919, Page 5

£5,000,000 WHISKEY TRUST.

. ____.o____ SIR DOUGLAS HAIG’S HOLDING SOLD OUT. « The “Daily Chronicle” is informed that the Distillers’ Co., Ltd., the vast. combine which has almost a world monopoly of the production of grain whisky—t.he spirit which is essential for blending in all other wllisl{ies—has absorbed the famous old business of John Haig and Co., of'Markinch, in Fifeshire.

The chief holders in this old business are the three soldiers, Field Marshal Sir Douglas Haig, Lieutenant-Colonel Oliver Haig, Major John Haig. They hold 10.996 shares out of 19,500 ten pound shares. Sir Douglas has the smallest holding of the three. The price paid by the Distillers’ Company on the current valuation of the shares in nearly £250,000. . The Distillers’ Company, Ltd., also acquire Preston’s «Liverpool Distillery CO,, Ltd., Liverpool, a. distiller}? which is devoted to lpnoclucing industrial spirits. The Distillers’ Cornpanyea.pi—--1:11 is increased t0"'£2,500,000, and the market valuation of the concern is over £5,000,000. The chairman of the Distillers’ Company states that no scheme for £1 great combine of the largest whisky producers has yet ben fo.rln'ulat.ed,