Word: odium
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...Elevator and other companies), onetime (1916-26) chairman of Yale's graduate rowing committee; after long illness; in Manhattan. As U. S. bankers for the late Matchmaker Ivar Kreuger, Lee. Higginson sold some $150,000,000 of Kreuger securities. When Kreuger's suicide toppled the match empire, odium fell on Lee, Higginson for not having insisted on a U. S. audit. Patrician Banker Allen, with seven other directors of International Match Co. (Kreuger affiliate) were sued for negligence by the trustee in bankruptcy (TIME. Sept...
...that President Roosevelt would recognize Manchukuo sooner or later as no worse than Bolshevikland. Secretary of State Cordell Hull has given no sign that he favored his Republican predecessor's "Stimson Doctrine" of unyielding nonrecognition of Manchukuo. Abruptly last week President Roosevelt moved to pin on Manchukuo an odium worse than any attaching to Russia. The President sent the State Department's assistant chief of Far Eastern Affairs, Stuart Fuller, to read a 1,700-word U. S. protest anent Manchukuo to the League of Nations' Opium Commission in Geneva. Pointedly ignoring the existence of any such...
Meantime Floyd Bostwick Odium, master of Atlas Corporation, had been going around picking up second-hand investment trusts. Atlas' holdings of Blue Ridge were listed on Dec. 31 as only 92,215 shares, of Shenandoah only 19,471, but Mr. Odium must have picked up more off the record, for last week he turned up with control...
...beauties of the South passed from Mr. Williams to Mr. Odium, becoming incidentally the 20th and 21st investment trusts that Atlas has picked up. The list began with 1) Widlaw, Inc., February 1930; 2) All America General Corp., June 1930; 3) Allied Atlas Corp. (formerly Exide Securities Corp.), August 1930; 4) Power & Light Securities Trust, March 1931', 5) Selected Stocks, Inc., March 1931; 6) Ungerleider Financial Corp., April 1931; 7) Iroquois Share Corp., May 1931; 8) General Empire Corp., June 1931; 9) Jackson & Curtis Investment Associates. July 1931; 10) Sterling Securities Corp., July 1931; 11) Securities-Allied Corp. (formerly...
...income account was published though earnings for last year were stated to be $1,098,000. President Odium thinks cash is the thing and cash earns little or no return. As he has acquired investment portfolios, he has weeded out the less desirable securities. Thus he has managed not only to maintain his cash position but to build it to nearly two-fifths of all assets-a $20,000,000 war chest ready for new deals or the next bull market...