Business: Atlas & Earnings

In 1923 United States Co. began operations as a private investment trust with $40,000 capital.

In 1929, re-named Atlas Utilities Corp., it had $14,200,000 in assets and 461 common stockholders.

Last week Founder-President Floyd Bostwick Odium mailed to 46,000 stockholders a report revealing that their company, now simply Atlas Corp., was the largest investment trust in the U. S. with $121,000,000 in assets. Dearer to the hearts of the stockholders was the fact that in the process of gobbling up a score of other trusts during the past four years, President Odium had more...

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