Word: atlas
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Dates: during 1940-1949
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When Floyd B. Odium's Atlas Corp. bought control of Consolidated Vultee Aircraft Corp. from Financier Victor Emanuel in 1947, Odium expected a rough ride. Like other investors in aviation, he knew that the aircraft industry was in the midst of a postwar shakedown. But the ride was far rougher than Odium had expected...
Such recoveries are not new to Atlas Corp. or to slim, smart Floyd Bostwick Odium. Confident and ice-cool, Odium has ridden through many a ruckus chiefly by saying nothing and letting his critics talk themselves out. The son of a Midwestern Methodist minister, Odium went to Wall Street in 1917, bought & sold so shrewdly that he was boss of an investment company with assets of $14 million by the time he was 37. During the depression he snapped up bargains, now has holdings in some 30 companies through his Atlas Corp. He earned the name "Fifty Percent Odium" because...
Lolling. Odium, who lives on a ranch at Indio, Calif., spends long hours in his swimming pool to ease the pain of rheumatoid arthritis. A long telephone extension permits him to conduct business right from the pool. From there, Odium this year has been reshuffling Atlas' holdings to tighten up control and to trim expenses. Last week, as Atlas announced plans to combine two of its biggest properties, Barnsdall Oil and Ogden Corp., into the Barnsdall Oil Co., Odium reported that the asset value of Atlas shares was again on the increase. During the first half of this year...
...student of regional U.S. speaking habits, McDavid himself comes from South Carolina, and he has a purpose in all this random conversation. He is helping gather material for the multi-volume Linguistic Atlas of the United States and Canada which Philologist Hans Kurath is directing from the University of Michigan. The Atlas will trace lines of speech similarities ("isoglosses") on detailed sectional maps, and will take several more years to finish. Meanwhile, research already done on McDavid's beat provides a preview of the sort of thing the atlas-makers hope to do for the whole northern continent...
...antitrust suit in Chicago's Federal Court to break the $1,585,000,000 Du Pont holdings into at least four pieces. It was the biggest of the long list of antitrust suits the Government has filed against the company since 1907, when Hercules Powder Co. and Atlas Powder Co. were carved out of Du Pont...