Word: coke
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Dates: during 1950-1959
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Silberstein decided that venerable Pennsylvania Coal & Coke Co. was about the sickest company in one of the sickest U.S. industries. In a year he had 75,000 shares (of 148,000 outstanding) and won control. With Pennsylvania Coal (later rechristened Penn-Texas) as a base, Silberstein started buying oil and gas properties, a warehouse terminal, Crescent Co. (wire and cable), and Quick...
...Egyptians and fewer foreigners have met the Premier's wife who, in the Egyptian tradition, takes no part in public affairs, but devotes herself to their family: three boys and two girls. Nasser, while he smokes, has never been known to drink anything stronger than Coke. His favorite beverage is a cup of tea, a habit learned from British officers...
...minimum for the midnight supper shows that guests could once see by sitting at a table and ordering a soft drink. Said Riviera Board Chairman Morrie Mason: "We don't think that we, or any other hotel, should give away a $30,000 show for a Coke and two straws...
...Manhattan's LEOPOLD SILBERSTEIN, 51, who started out as a "professor of sick companies" in Germany during the 1920s, made his first U.S. raid by buying 75,000 shares (of 148,000 outstanding) in the small, shaky Pennsylvania Coal & Coke Corp. With that as a base, he diversified into gas and oil, went on to take over companies making cables, power shovels, and cranes (Industrial Brownhoist Corp.). With cash from his growing empire (now called Penn-Texas Corp.), he recently bought 80,000 shares of machine tool maker Niles-Bement-Pond, whose stock was selling a few points below...
...difficulties, unable to send him to college. Goodie went to work as a single jacker in a Nevada mine, pounding out blast holes with a sledgehammer ("Very good for the shoulders,'' says Goodie) and saved enough money to enter Stanford University. During other college summers, he shoveled coke for the Santa Fe ("Very good for the arms") and drove a delivery truck. At Stanford, doing what came naturally, he quickly became a big man on campus. "He was the eternal sophomore," says Fellow Alumnus Earl Behrens, who became the San Francisco Chronicle's political pundit...