Consolidated Statements

[cowdery]

Oscar,

They soon will!

Leif

Just to put this in perspective, they've been saying that for 15 years.

[nor02lei]

Just to put this in perspective, they've been saying that for 15 years.

That may be the case Chuck but common sence tells me that this new building and equipment cant stand unused for much longer business wise. Drew told me they were waiting for some spare part that was needed to get started.

Leif

[koji]

About Stone Castle,
From the date on that sheet 2004? was it, I think the number of barrel
from that year is all Wild Turkey stock.
I have a picture of inside the wharehouse that year.

Koji

[cowdery]

Koji,

The thing is, most of the distilleries have off-site warehousing, including down there along Glenns Creek, and their barrels are in their totals. In other words, it's who owns what, not where it is. On the other hand, since this is a consolidation prepared by someone (KDA?) from public record tax documents, perhaps it was just a mistake. In other words, the source document identified both the owner (Wild Turkey) and the location (Stone Castle) and the compiler goofed.

Because I think you're probably right, it probably is some Wild Turkey that was stored there rather than some whiskey owned by Stone Castle.

[cowdery]

Leif,

I sincerely hope you're right. It would be a wonderful thing.

[bourbonv]

Chuck,
Withrow owned some whiskey and bottled it as "Stonecastle" bourbon for the Japanese market. This was just before he died. I do not know what happened to his staocks of whiskey after he died, but I suspect some other independent bottler acquired it for their brand.

Mike Veach

[cowdery]

Interesting. Thanks, Mike. Seven-hundred-eighteen barrels is a lot of whiskey, a significant investment. I wonder what it was?

[bourbonv]

Chuck,
I remember tasting it and thinking "Wild Turkey" which would make sense because Wild Turkey was leasing space in the warehouses, but I could be wrong. I was drinking with John Lipman and we had several others before the Stonecastle. My taste buds were not exactly at peak performance at that point.

Mike Veach

[fussychicken]

I notice that while Heaven Hill had only about 1/2 as much total stock as Beam, they had the most barrels for every category older than 4 years. That's a pretty big pipeline of well aged product.

I especially note that they have 1/2 of the world's supply of Kentucky whiskies in the 8+ years category.

Way to go HH!

What in the world are they going to do with all that old whiskey? Here is what I can think of right now they are using it for: (Let me know if I am missing any)

EWSB (10 yr)
Henry McKenna SB (10 yr)
EC 12 yr
EC 18yr
EW 12 yr (Japan)
EW 15 yr (Japan)
Rittenhouse Rye 21 yr

Is that really enough of a product line to justify 121456 barrels? If not, maybe that means we can expect some new and interesting premium whiskeys over the next 10 years!!

[jburlowski]

What in the world are they going to do with all that old whiskey? Here is what I can think of right now they are using it for: (Let me know if I am missing any)

EWSB (10 yr)

Henry McKenna SB (10 yr)

EC 12 yr

EC 18yr

EW 12 yr (Japan)

EW 15 yr (Japan)

Rittenhouse Rye 21 yr

Is that really enough of a product line to justify 121456 barrels? If not, maybe that means we can expect some new and interesting premium whiskeys over the next 10 years!!

Don't forget the portion that they will sell in bulk to KBD and others....