Word: shrewdly
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Dates: during 1940-1949
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Hoving was expanding by shrewd use of his capital-$2.6 million from such bigwig friends as Vincent Astor and CBS's William S. Paley, and a $12 million stock issue. He had paid $10.5 million for Bonwit Teller, Inc., then sold the store's buildings to the Equitable Life Assurance Society for $6.3 million and rented them back for $320,000 a year. He put some of that money into a new $2.2 million Chicago branch which he sold to Prudential Insurance Co. of America, and leased back. Another $800,000 was spent transforming Boston's historic...
...Abdullah, sometimes impetuous and hot-tempered, was also too shrewd to think that he could do just as he pleased. Three strong reins checked hasty action: 1) the jealous rivalry of other Arab leaders; 2) his dependence on British aid; 3) the proved strength of the Israelite armies, which for the moment probably outnumbered the forces that could be brought against them. Abdullah's Legion was his only asset; and it was an asset only so long as he kept it in being, and did not wear it away against the Jews...
...them will think twice before betting against Citation. He belongs to Calumet Farm, the "baking powder" barn, which has found a magic recipe for raising breadwinners. Calumet owns more than its share of the best horses (Armed, Citation, Coaltown, Bewitch, Fervent) and has the best trainers, the Jones boys?shrewd old Ben ("B.A.") Jones and his son Jimmy. In Jockey Eddie Arcaro they have the best known, most respected and most hated jockey in the land...
...high-collar areas of Boston, Frederic C. Dumaine flaunted an open-shirt background, cussed a blue streak, and walked with a bearlike roll. But by many a shrewd and ruthless financial coup, he climbed to the top of Boston's moneyed oligarchy, bossed the Amoskeag textile mills, once the world's biggest. Last week, at 82, shaggy-browed, alert Frederic Dumaine was in the midst of the biggest coup of his career...
...railroad had given Boston the short end of :he New Haven's business. Lately, South Shore commuters and Cape Codders have been fighting mad over the New Haven's plan to stop passenger service on its subsidiary, the Old Colony Railroad, the only railroad to the Cape. Shrewd Frederic Dumaine said that if he won the New Haven he would try to keep the Old Colony running...