In the high-collar areas of Boston, Frederic C. Dumaine flaunted an open-shirt background, cussed a blue streak, and walked with a bearlike roll. But by many a shrewd and ruthless financial coup, he climbed to the top of Boston's moneyed oligarchy, bossed the Amoskeag textile mills, once the world's biggest. Last week, at 82, shaggy-browed, alert Frederic Dumaine was in the midst of the biggest coup of his career.
For months past, Dumaine & friends had quietly spent an estimated $5,000,000 buying up the voting preferred stock which controls the long-bankrupt New York, New Haven &...
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