Word: nevadas
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...death, Hughes' financial empire was nearly as wasted as his body. His holdings ranged from a major aircraft company and a helicopter manufacturer to casinos in Las Vegas, Reno and the Bahamas, ranches in Nevada, a magazine (Football Today), a television station (Las Vegas' KLAS-TV), mines in Nevada and vast amounts of undeveloped land. Most of the interests were grouped together in the Las Vegas-based Summa Corp., which, Lummis concluded, was run by a group of Hughes lieutenants of dubious ability and honesty. These included Chester C. Davis, Summa's general counsel; Frank William...
Summa's new boss has organized the remaining properties in three broad groups-hotels and casinos, aircraft construction and real estate. Lummis hired Phil Hannifin, former chairman of the Nevada gaming-control board, to run the company's hotels and casinos. Hannifin's first project: to finish a $55 million overhaul of the dilapidated Desert Inn, where Hughes had lived as a recluse for four years. Jack Real, a former Lockheed executive, was put in charge of Hughes Helicopters. The company, which lost money in the early '70s, is now in the black, and Real expects...
...senior Senator walked down a Capitol corridor last week, Democrat John Stennis of Mississippi, an old ideological foe, embraced him. Said Democrat Thomas Eagleton of Missouri: "You're the best and the brightest in every respect." Republican Paul Laxalt of Nevada, another longtime antagonist, grabbed the veteran's elbow and said, "You were a thoroughbred, sir, a thoroughbred...
Eureka! There is still a bit of gold in them thar hills. In the past three weeks three companies have announced important new discoveries in northern California and Nevada. Homestake Mining Co., the nation's largest gold producer, tapped a vein that holds more than 1 million oz. of gold in California's wine-rich Napa County. Newmont Mining Corp. has uncovered gold deposits near Elko, Nev., that should yield about 440,000 oz. Louisiana Land and Exploration Co. made known last week that it had found ore containing both gold and silver near Round Mountain...
...Nevada City, Calif...