Word: odium
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Dates: during 1940-1949
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...bought control of the Roosevelt, which bustles with salesmen and is as different from the Town House as Coney Island is from Beverly Hills. The Roosevelt deal established Hilton in New York and got him the backing he wanted from such moneybags as Atlas Corp.'s Floyd Odium. With the help of Odium, Hilton paid out $7,400,000 for New York's stately old Plaza, which was as deeply encrusted with stately tradition as it was with the grime of years. The Plaza's first guest in 1907 (at $30,000 a year) had been Alfred...
...United Mine Workers never used their usual "no contract, no work" slogan. Instead, after the last contract expired on June 31, the miners inaugurated a three-day work week in an effort to strengthen their bargaining position. Their aim was to cut down existing coal stocks without the odium or financial stress of going out on strike...
Last week Al Greenfield, still full of beans and plans at 62, decided that the time had come for City Stores* to grow some more. For $1,300,000 he bought from Floyd B. Odium's Atlas Corp. its 70% ownership of Manhattan's fast-growing, nine-store Franklin Simon & Co., Inc. chain of specialty shops. Like Greenfield, Odium had also gone into the department-store business during the depression. He had spent $750,000 expanding Franklin Simon, opening branches in Atlanta, Washington, Cleveland, Bridgeport, Garden City, East Orange. He lifted its gross from $10 million...
Such recoveries are not new to Atlas Corp. or to slim, smart Floyd Bostwick Odium. Confident and ice-cool, Odium has ridden through many a ruckus chiefly by saying nothing and letting his critics talk themselves out. The son of a Midwestern Methodist minister, Odium went to Wall Street in 1917, bought & sold so shrewdly that he was boss of an investment company with assets of $14 million by the time he was 37. During the depression he snapped up bargains, now has holdings in some 30 companies through his Atlas Corp. He earned the name "Fifty Percent Odium" because...
...Lolling. Odium, who lives on a ranch at Indio, Calif., spends long hours in his swimming pool to ease the pain of rheumatoid arthritis. A long telephone extension permits him to conduct business right from the pool. From there, Odium this year has been reshuffling Atlas' holdings to tighten up control and to trim expenses. Last week, as Atlas announced plans to combine two of its biggest properties, Barnsdall Oil and Ogden Corp., into the Barnsdall Oil Co., Odium reported that the asset value of Atlas shares was again on the increase. During the first half of this year...