Word: rubberman
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...money ($1,500,000), Rubberman O'Neil got a going concern which has made a respectable profit for the last 20 years. Founded in 1922 by sharp, balding John Shepard III, the network owns four stations outright (Boston's WNAC, Providence's WEAN, Worcester's WAAB, Bridgeport's WICC), has contracts with 17 others. It is, in turn, affiliated with the Mutual network...
...were the reason offered by Radioman Shepard for selling. His father, John Shepard Jr., retired Boston merchant, owner of Providence's Shepard Stores, onetime (1930-35) mayor of Palm Beach, and the network's chief stockholder, is 86 and someday there will be estate taxes to pay. Rubberman O'Neil gave John Shepard III a five-year contract to continue as network operations head and board chairman...
...Goodyear Tire & Rubber Co., which he had founded; Edgar Davis was managing director of U. S. Rubber Co.'s vast Sumatra plantation. They found they had a common dream: enough U. S.-owned plantations to smash the Dutch-British rubber monopoly. Before they could do much about it, Rubberman Davis left U. S. Rubber Co. with a $2,000,000 fortune, which he proceeded to give away and to pour down a series of dry holes in the oil country around Luling, Tex. A $57,000 loan from Friend Seiberling tided him over until his North & South Development...
Goodyear Tire and Rubber Co.'s Paul W. Litchfield this week fixed a figurative bayonet and counterattacked the wartime forces that tend to inflate prices and costs. In full page national ads, full-jowled No. 1 U. S. Rubberman Litchfield announced tire price cuts of as much as 12½%, in spite of a wartime increase of nearly 25% in the price of crude rubber (August 29, 16¼? a lb.: Oct. 27, 20½?). After "streamlining" plants and methods, costs were slashed to absorb September's rubber inflation as well as the rubber business' big complaints...
...bought control of U. S. Rubber, plucked Francis Davis from the presidency of a du Pont subsidiary (Viscoloid), told him to salvage what had been the No.1 U. S. rubber company as late as 1925. Whittling the company's debt of $81,000,000 to $53,233,000, Rubberman Davis consolidated operations, modernized tire-making methods, pushed other rubber products, went in for Lastex, a patented, elastic spun yarn which is knitted or woven into such things as sweaters, girdles, slipcovers...