Word: backlogging
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Eventually, the change in comedy styles brought the curtain raiser down. Columbia refused to renew when The Three Stooges' contract ended on Jan. 1, 1958, has since sold its pre-1948 backlog of their films to television. The trio considered breaking up the act-until TV, that supposed wrecker of old-style comedians, turned out to be their salvation. The kiddy population roared at the antique routines. By last week the reruns were running ahead of such competition as Popeye and Mickey Mouse among the romper set, and the rejuvenated Three Stooges were swinging cross-country in a highly...
...economic health, manufacturers' inventories were the last to turn around. Last week the Commerce Department reported that manufacturers, cutting down their inventories since October 1957, have begun to build them up again. Their stocks climbed $300 million to $49.5 billion on a seasonally adjusted basis. The backlog of unfilled orders in January totaled $47.6 billion, a gain of $800 million over December. The turn came just about when Government economists expected; they expect that inventories will continue to climb at a moderate pace for the rest of the year...
Since most food processors have neither the facilities nor the know-how, it will usually be up to the chemical manufacturers themselves to prove the safety of additives. The law covers those already in use, with a time allowance for testers to tackle the backlog, as well as any proposed for future use. The test technique : put the additive in an appropriate food and give it to laboratory animals (150 rats, 21 dogs, at three-dose levels) for their natural lifetime or a minimum of two years. Even if the critters die natural deaths, their bodies will still be dissected...
...this happy domain is Bold Venture's producer, Cincinnati's Ziv Television Programs, Inc. (runners-up: CBS Films Inc., MCA-TV, Ltd.). Founded in 1937 as a radio syndication outfit by Cincinnati Adman Frederic W. Ziv, the company went into TV eleven years ago with a good backlog of Hollywood feature films. Even better were its first self-produced show, Yesterday's Newsreels, and its first adventure series, Cisco Kid. Others followed, including Men of Annapolis, West Point, Harbor Command, and this season's Dial 999 and Bat Masterson. Today Ziv employs 3,500 people, uses...
...rise was equally strong in many a company that kept growing despite the recession. Raytheon Manufacturing noted a backlog of $280 million in unfilled orders, reported that a fat fourth quarter pushed 1958 earnings to $3.08 per share and a new record, 95% better than last year. Westinghouse. whose sales declined 5.6% largely because of the slump in appliances, had a better-than-good year: by working hard on a cost-control program, it managed to boost earnings to $4.25 per share v. $4.18 last year...