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...lost $260,000 during the half. Since then its new management, under jut-jawed Charles G. Guth, has taken it in hand. The purity of Loft's candies has been strongly advertised, and the value of its $1 dinner. For this half it earned $219,000. The Waldorf System, Inc. (restaurant subsidiary) earned $604,000 compared with $592,000. Bickford's chain showed $372,000 against...

Author: /time Magazine | Title: Business & Finance: Cross-Section | 8/3/1931 | See Source »

...estate of the late Viscount William Waldorf Astor? (1848-1919) a rebate of $10,000,000 in Federal inheritance taxes, together with $6,000,000 in interest accrued since 1922. The re-fund will be divided between Viscount William Waldorf Astor II, 52 (eldest son), husband of Lady Astor, and John Jacob Astor, chairman of the Times Publishing Co. (London...

Author: /time Magazine | Title: Sport, Jul. 13, 1931 | 7/13/1931 | See Source »

...William Waldorf Astor (born in New York City) moved to England in 1890, became naturalized in 1899, was created Baron Astor in 1916, Viscount Astor a year later, died in 1919. His son, the present Waldorf Viscount Astor, last week did the most un-swank thing possible, closed his magnificent Thames-side mansion "Cliveden" (where Mr. & Mrs. Henry Ford were presented to George V and Queen Mary...

Author: /time Magazine | Title: Foreign News: Swank | 2/2/1931 | See Source »

...explosives). In 1915 he resigned as president, sold his holdings for $14,000,000. In Manhattan he built the Equitable Building (1915), then the world's largest office building; he bought and mutualized Equitable Life Assurance Society. With Lucius Boomer he organized a hotel chain (Manhattan's McAlpen, Waldorf-Astoria, Claridge, Martinique, Philadelphia's Bellevue-Stratford, Washington's New Willard). In 1916 he was a candidate for the Republican Presidential nomination; in 1921 he was appointed U. S. Senator from Delaware by Governor Denny; in 1925 he was elected to the Senate for a six-year term, but retired...

Author: /time Magazine | Title: Milestones: Nov. 24, 1930 | 11/24/1930 | See Source »

When William Waldorf Astor died in 1919, he owned more New York City real estate than any other one person?something in the vicinity of $60,000,000 worth ?a fortune founded in the fur business (and, says legend, in Captain Kidd's treasure; by the first John Jacob Astor (1763-1848). Another oldtime furrier was one John Gottlieb Wendel, who retired about the same time as John Jacob Astor and who, like Astor, put his money into Manhattan realty. Last week died Mrs. Rebecca Wendel Swope, next to last of seven grandchildren of John Wendel. Miss Ella Wendel...

Author: /time Magazine | Title: Business: Passing of a Wendel | 8/4/1930 | See Source »

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