--- description: Postum Co., which recently bought Walter Baker & Co. Ltd. of Boston (cocoa and chocolate) and more recently Franklin Baker of Hoboken, N. J., (coconut and other nut products), last week arranged... title: Business: Postum Buys image: https://static.time.com/v3/assets/bltea6093859af6183b/bltde093bcdab65f2d0/6988d9b9bc6cfc69913e2a3c/time-logo.jpg?branch=production --- * [U.S.](/section/us/) # Business: Postum Buys by [TIME](/author/time/) Aug 29, 1927 4:00 AM CUT by [TIME](/author/time/) Aug 29, 1927 4:00 AM CUT Postum Co., which recently bought Walter Baker & Co. Ltd. of Boston (cocoa and chocolate) and more recently Franklin Baker of Hoboken, N. J., (coconut and other nut products), last week arranged to make a subsidiary of another firm—Richard Hellmann Inc. (mustard, salad dressings, sauces). Hellmann factories are at Long Island City, Chicago, Atlanta, Dallas, Tampa, San Francisco and Toronto. ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/archive/6656288/business-postum-buys/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/archive/6656288/business-postum-buys/"},"headline":"Business: Postum Buys","datePublished":"1927-08-29T04:00:00.000Z","dateModified":"2026-02-26T19:33:49.807Z","description":"Postum Co., which recently bought Walter Baker & Co. Ltd. of Boston (cocoa and chocolate) and more recently Franklin Baker of Hoboken, N. J., (coconut and other nut products), last week arranged...","url":"https://time.com/archive/6656288/business-postum-buys/","keywords":[],"thumbnailUrl":"","author":[{"@type":"Person","name":"TIME","url":"https://time.com/author/time/"}],"articleSection":"U.S.","image":[],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/us/","name":"U.S."}},{"@type":"ListItem","position":2,"item":{"@id":"https://time.com/archive/6656288/business-postum-buys/","name":"Business: Postum Buys"}}]}] ```