Green’s Dictionary of Slang

Milwaukee adj.

used in combs. with ref. to the city’s breweries.

In compounds

Milwaukee cider (n.) (also Milwaukee cologne, Milwaukee special, Milwaukee water)

(US) beer.

[US] glossary in Committee for the Adoption of the Constitution, N.Y. (State) in PADS (1952) 65: Nicknames for beer: suds/brew/Milwaukee cider/Dutch milk.
[US]A. Baer Two & Three 18 May [synd. col.] What’s going to become of the married men—singled [sic] men baseball game with the old keg of Milwaukee cologne parked at third base.
[US]WELS [DARE].