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...just call the Cleveland Trust Co. and ask whether my check for $20 million will be honored." Five years later, with Trumbull and other small companies as a base, he founded Republic Steel Corp. as the nation's third biggest producer. That year he also won control of Goodyear Tire & Rubber Co. Operating from his Cleveland-based Otis & Co., a securities firm, and a maze of holding companies, Eaton's deals were faster than the eye -or most financial experts-could follow. He helped topple Utilityman Samuel Insull by outfoxing him in a deal that cost Insull companies...

Author: /time Magazine | Title: Business: CYRUS EATON | 1/19/1959 | See Source »

...names rise above factories everywhere : Goodyear, Westinghouse, Monsanto, Kelvinator, General Electric, Pennsalt, Singer Sewing Machine, Carnation Milk, Ralston Purina, Kellogg. Mexicans flock to Dairy Queen frozen-custard stands in Chevies, Plymouths and Fords labeled "Made in Mexico by Mexicans...

Author: /time Magazine | Title: MEXICO: The Paycheck Revolution | 12/8/1958 | See Source »

...biggest U.S. rubber company and the world's biggest tiremaker last week had one of the biggest management shifts in its 60-year history. Into the post of chairman of Akron's Goodyear Tire & Rubber Co. (1957 sales: $1.4 billion) stepped Edwin Joel Thomas, 59, president (since 1940), chief executive (since 1956 and longtime protege of Paul Weeks Litchfield, 83, who became honorary chairman of the board after 58 years with Goodyear. Up to president from executive vice president moved Russel De-Young, 49, the third president in a row to be tapped from the production ranks. Litchfield...

Author: /time Magazine | Title: PERSONNEL: Switches at Goodyear | 10/20/1958 | See Source »

...compensated for in his mastery of the art of big-time wining and dining-and of educating thousands of barbarian palates to the delights of Rock Cornish game hen, crab meat Louis and cream of pumpkin soup. Any conclave of hungry and thirsty humans was his meat. "I won Goodyear Tire & Rubber over to pink champagne," he once boasted to a companion. Unexcelled at spreading a gourmet's table, even for the American Trucking Associations, he delighted in explaining to slightly befuddled clients that turtle soup was a better first course than melon prosciutto for the simple reason that...

Author: /time Magazine | Title: TAXES: Better Than 15% | 10/13/1958 | See Source »

...Goodyear Tire 10.9 16.4 International Paper 16.2 14.1 C.I.T. Financial 9.4 10.2 Food Machinery 3.3 5.0 Kaiser Industries 2.9 4.0 Pan American 3.3 (loss...

Author: /time Magazine | Title: Business: Earnings Zigzag | 8/25/1958 | See Source »

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