Word: wolfsons
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Under the auctioneer's hammer went the best preserved collection of U.S. gold coins outside of the Treasury. Belonging to Florida Construction Tycoon Samuel W. Wolfson, 50, it brought $535,000 in two sessions at Manhattan's Americana Hotel. Rarest of the lot: an 1854s $5 half eagle, one of three extant, which fetched $16,500 from a buyer. Why was Wolfson cashing in his collection? Fingering the 1850 gold dollars (value: $150) that adorn his cuff links, he explained: "I've come within 8% of getting one of every gold coin minted in this country...
...Every second day another new supermarket opens in Britain, and the average will soon be bettered. Reason: Britain's greatest merchant prince, Sir Isaac Wolfson, 64, has entered the field by merging William Cussons Co. into his Great Universal Stores Ltd. and plans to expand Cussons' present chain of 60 stores to at least 200 supermarkets. The son of poor Polish Jewish immigrants, Sir Isaac (he was made a baronet earlier this year for his large gifts to charity) started work in his father's Glasgow cabinetmaking shop, later set up his own furniture store in London...
...usual method of financing is to form "development partnerships" with outfits that have land or funds to invest (among them: Unilever, Imperial Tobacco, Oxford's Brasenose College). The partner supplies most of the capital, Cotton the knowledge. Last year he formed such a partnership with Isaac Wolfson's Great Universal Stores to rebuild many of the chain's 2,000 branches. He is now negotiating similar partnerships with Philips Electrical and Cunard...
...fund-raising legerdemain by staging the first $100-a-plate dinner in 1934. His potluck for politics held good when the Senate rejected a Republican attempt, 62-30, to return the nomination over some alleged finagling in the 1946 purchase of a Government-surplus shipyard by Entrepreneur Louis Wolfson. But a regular Irish stew may await McCloskey on the Quid Sod. Demonstrating his Gaelic at a Washington dinner, he bellowed: "Fag a bealach!" Rudely reverberating in Tara's halls, it loosely means...
Died. Erwin Service Wolfson, 60, co-founder and top executive of Diesel Construction Co., an Ohio pantsmaker's son who became a prime mover in the skyscraper boom that has altered Manhattan's skyline, topped off his career as contractor and investor with the world's largest commercial office building-the 59-story, $100 million Pan Am Building; of cancer; in Purchase...