Last week the U.S. busline business honked and roared with excitement as the nation's biggest highway transport system came sailing out of its best year, and eight other lines banded together, opened up their managerial throttles in a daring effort to overtake the leader.
From his Chicago office, strapping President Carl Eric Wickman announced that Greyhound Corp., with net profits of $4,673,465, had earned $7.55 a common share after paying preferred dividends. The dividend on one Greyhound common share was thus $5.30 more than Carl Wickman made in his first bus operation.
A young...
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