Word: shoestringing
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By laying out a mere $1,750,000, Young's Alleghany Corp. bought control of Minneapolis' Investors Diversified Services, Inc., the giant catch-all which includes three big investment trusts having assets of $580 million.* It was the same kind of shoestring which Young had used to tie...
Overnight, the decision made potentially big businesses of Slick Airways and the Flying Tiger Line, which are among the strongest survivors of all the shoestring lines that scudded across U.S. skies at war's end. But neither 28-year-old Earl Slick nor Bob Prescott let it take his...
Beginner's Plum. Georgia-born Fred Hooper has been doing all right since 1923, the year he cleared a 15-mile stretch of land on contract for the Florida East Coast Railroad. Out of that shoestring venture grew a flourishing construction business. Hooper later bought a 5,038-acre...
Ivy Films' shoestring production, "A Touch of the Times," was snapped up for world-wide movie and television rights last night by the Madison Pictures Distributing agency, the same outfit that is now handling Symphonies Pastorale.
Infant's Progress. Burlington's Spencer Love, a fast-moving, fast-thinking man who can keep thousands of details of his company's operations in his head, had earned his cockiness. He had parlayed a $3,000 shoestring into a textile empire that last year grossed $288...