Word: hammerism
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...slay the black dragon with the 88 gleaming teeth." To create the "proper atmosphere," he has the lights dimmed until he is little more than a silhouette on stage. A tall, hulking figure with a luxuriant growth of swept-winged black hair, he almost leaps off the bench to hammer home a fistful of crashing chords. In more reflective moods, he coaxes the music along with the suspenseful air of a man defusing a time bomb, then counterattacks with a dazzling flurry of runs and leaping crescendoes. The black dragon never has a chance...
...When Hammer bought Occidental in 1957, the company was running just eight depleted wells. Now it pumps 4,000 bbls. daily out of 255 oil wells, produces 80 million cu. ft. of gas a day from another 112 wells. Occidental revenues have risen from under $1,000,000 in 1957 to about $190 million last year. Those shares for which Hammer paid 20? were quoted on the New York. Stock Exchange last week at $37.87. The net value of the corporation has risen from...
...Cattle Baron. But that wasn't all. As a byproduct, Hammer's distilleries made a mash that Hammer sold to cattle-feed manufacturers. This got Hammer interested in cattle, and he stocked his Red Bank, N.J., farm with prize Angus, including a giant champion bull named Prince Eric. "The cattle business turned out to be a bonanza," says Hammer. "In the three years remaining of his life, Prince Eric sired 2,000 calves. That one bull earned...
...Hammer moved from New York to California, where he swiftly spotted a new opportunity; it was named Occidental, a 38-year-old petroleum producer whose shares had plunged to 20?. For $60,000, Hammer got a major interest in the company, later merged it with Gene Reid Drilling, Inc. In 1963, Occidental expanded into fertilizers. Hammer now has an agreement with the Moroccan government to exploit its high-grade phosphate rock resources...
Reflecting upon his career, Dr. Armand Hammer has only one regret: he has never had time to practice medicine. "I believe I would have made a good surgeon," he says. "I have the nerve...