Word: backlogs
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...PICTURES, originally bought by General Tire & Rubber Co.'s Teleradio subsidiary for its film backlog (TIME, Aug. 1), will swing back into full operation as a major moviemaker. After virtually shutting down under Industrialist Howard Hughes, RKO will start off with a $22.5 million budget for eleven films (among them: Cash McCall, A Farewell to Arms, The Syndicate) in the first six months of 1956 alone...
...Ross Rizley, 63, was reappointed to a second one-year term as chairman of CAB. A onetime small-town Oklahoma lawyer, Republican Congressman and Assistant Secretary of Agriculture, CAB Chief Rizley has done a notable job cleaning up CAB's backlog of cases. He has also worked to liberalize the regulations governing irregular air carriers to enable them to better compete with established airlines. President Eisenhower also reappointed Democrat Joseph Adams, another champion of competition, as CAB vice chairman...
...could make the main issues clear. Climax! starred Michael Rennie in Man of Taste, a melodrama about an art dealer who had a method for improving the price on his artists' paintings-he simply killed them off after they had done enough canvases to give him a comfortable backlog. Like most such rogues, Rennie seemed far too intelligent to have been caught at his crimes, but caught he was, and made a satisfactory exit to the scaffold...
...highest-flying fighter in the air anywhere." The order follows a $100 million contract placed by Eastern Air Lines last month for 40 Lockheed Electra turboprop airliners and an Air Force order last fortnight for "over $100 million" worth of C-130A Hercules cargo planes, boosting Lockheed's backlog to over $1.4 billion...
...Measure?" Today Hughes Aircraft is one of the nation's ten biggest defense suppliers. The company has produced 8,000 fire-control units, is engaged in heavy production of C.S.T.I. sets and Falcons. The company's military output currently averages $200 million annually; it has a solid backlog of orders worth $313 million. Still another supersecret Air Force contract has just been awarded Hughes that will add millions more to the backlog, expand his Tucson plant far beyond its current capacity. All told, Howard Hughes now runs an empire of four companies (among them: Hughes Tool...