Word: manhattan
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Dates: during 1940-1949
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Last week, while other clothing stores were pulling in their horns, Robert Hall thought it was just the time to expand some more. It was building seven more stores in six cities, stretching the chain from Manhattan to the Pacific Coast...
...cutthroat textile business, Manhattan-born Jake Schwab fought his way up from scratch. He left high school at 16 to work at odd jobs. At 20, he got a $15-a-week stock clerk's job with Cohn-Hall-*Marx, a big textile converter. Young Jake had a knack for figures, studied nights to improve it. By 1928 he had risen to treasurer. In that year, Bankers Kidder, Peabody & Co. raised about $20 million to make Cohn-Hall-Marx the base of a textile pyramid integrating many different businesses in the cotton-rayon industry. The new giant was United...
...Manhattan last week, bushy-browed Edward J. Noble, who made a mint out of Life Savers, turned a businessman's hard and appraising eye on network television's prospects. Noble is chairman of American Broadcasting Co. and he was speaking to his company's stockholders. The way he saw it, TV was no way for a broadcaster to get rich quick and his stockholders should get that straight.* He was facing them at the first annual meeting since his privately owned ABC had sold 500,000 shares of stock to the public last year, partly...
Movies. At a televised meeting in Manhattan, stockholders of Paramount Pictures, Inc. approved separation of the company's motion-picture and theater divisions, as provided by the consent decree between Paramount and the Department of Justice (TIME, March 7). As of next Jan. 1, President Barney Balaban will be head of a new Paramount Pictures, Inc., and Leonard Goldenson will become president of United Paramount Theaters, Inc., operating or owning 1,424 movie theaters...
Married. Helen ("Helenita") Kleberg, 21, blonde daughter of Robert Justus Kleberg Jr., boss of Texas' huge, fabulous King Ranch (976,000 acres, 390 oil wells, 3,000 horses, including Derby Winner Assault); and Dr. John Deaver Alexander, 25, staff physician at Manhattan's Bellevue Hospital; in Kingsville...