Word: atlases
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...newshawks knew, Atlas Corp. was formed as a private investment trust ten years ago by Floyd Odium and President George Henry Howard of United Corp. when they were both public utility lawyers. Starting with $40,000 capital, they were extraordinarily successful. Their friends came trooping in. By 1929 a total investment of about $850,000 had been shrewdly rolled up to $6,000,000. Just before the stockmarket crash they sold additional stock to the public. But unlike almost every other investment trust they kept this new capital in cash. In time smart President Odium, now only 40. was able...
Four days before the annual report of Atlas Corp. was released for publication this week. President Floyd Bostwick Odium invited most of Manhattan's financial newshawks to the swank Luncheon Club at No. 40 Wall Street. It was, said Mr. Odium, the first time that a clear picture of Atlas' amazing Depression history had been presented...
...plane traversed northern Africa, crashed into the 11,000-ft. Atlas Mountains, killed both its pilots. Successive attempts also failed. Under Sir Samuel Hoare and the late Lord Thomson, the Air Ministry kept at the project, less intent upon hanging up a distance record than upon a demonstration of wings-across-the-Empire...
They did not have to wait that long. High up through the peaks and gullies of the Atlas Mountains swung the troop train of 14 cars. It had been raining for days. The roadbed was soggy, treacherous. Between Zelboun and Turenne the train jumped the rails, hurtled 250 feet down to the bottom of the rocky ravine...
Kitchen Remainder. Sandy-haired Floyd Bostwick Odium, who does not like to be called freckled, went angling again last week with his fast-growing Atlas Corp. He offered Atlas shares in exchange for notes in Pick Barth Holding Corp., onetime big investor in Albert Pick & Co., a leading kitchen equipment concern. The offer was not made because Mr. Odium wanted Atlas to invest in the kitchen business, but because Pick Barth Holding will probably be reorganized, hence its noteholders will control 500,000 shares of Goldman Sachs Trading Corp.. biggest of assets left in Pick Earth's treasury...