Word: tiring
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Dates: during 1950-1959
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...research, and to strive vigorously to grew." Mere size alone is no indication of how rapidly a company will grow. Between 1935 and 1953, for example, the giant U.S. Steel Corp. increased sales 397%, but smaller Bethlehem Steel grew 980%, and Jones & Laughlin 880%. In rubber, General Tire grew 1,225%, Firestone 750%, while the two biggest companies, Goodrich and U.S. Rubber, increased far less. "Certainly," said Slichter, "the changes in relative size of companies indicate that the big concerns did not get together and agree on how the market was to be divided. They have struggled for larger shares...
...movie companies have presented a united front against television by refusing to sell their backlog of old films for re-release on TV. Last week came the first big break. The man who made it was Thomas F. O'Neil, 40, son of Akron's General Tire & Rubber Co. President William O'Neil and boss of the company's General Teleradio subsidiary...
Later when the deal was finally sewn up, O'Neil was flown back to General Tire's Akron headquarters to get the board's approval, finally stumbled into bed, groaning: "I haven't had any sleep for 36 hours. He's a very clever man, a very clever man." Hughes's estimated profit: about...
...what O'Neil hopes to make on the deal. On past performance, he may be just what RKO needs. A burly (6 ft. 4½ in., 215 Ibs.) ex-Holy Cross ('37) football end, O'Neil first learned his way around his father's tire company after college, did a four-year stint in the Navy, part of it skippering an LST in the Pacific. When he got back in 1945, he went to work for General Tire in earnest. Three years before, his father had bought New England's 25-radio station Yankee Network...
...Neil swung a $12 million deal for the Don Lee network with its 45 Western radio stations. A year later, he got control of Manhattan's WOR and WOR-TV by buying out Macy's interest, and later got control of Mutual. At the same time, General Tire had been merging all its radio-TV holdings, which became General Teleradio in 1952, with Tom O'Neil as president of the new company. Says his father: "That Tom, he makes money...