Word: bracket
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Dates: during 1950-1959
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...crackdown, 60 or more of Loew's executives in New York, Hollywood and overseas will take "voluntary" salary cuts of from 25% to 50% on income over $1,000 a week. Unlike 20th Century-Fox, which last year lopped up to 50% off the pay of its high-bracket personnel (but later restored most of it), M-G-M will not cut the pay of writers or directors. But Schenck left no doubt that the days of big-budget, spare-no-expense pictures were over. Best estimate of the total cutbacks: $10 million a year...
...bracket of the All-American semifinals, Maureen blasted Akron's steady Shirley Fry off the court, 6-4, 6-3, with unreachable placements. Then, appearing in a purplish cardigan designed by London's Teddy Tinling (who also designed Gussie Moran's lace panties), she faced Louise Brough, three-time (1948-50) Wimbledon champion, who upset Maureen last May to win the Southern California crown...
...over income bracket, 55% own stock; in the $5,000-$10,000 range 20%; in the $4,000-$5,000 bracket 7%. One surprise: among 10 million families with less than $2,000 income, 200,000 (2%) own shares...
Mitch Rosenholtz, another senior who lettered last season, will start as number four man today. Not quite so good as the three above him, his scores fall usually in the 75 to 80 bracket...
College grades make some difference, "but hardly enough ... to inspire anyone to burn the midnight oil." Of the male A students, half are in the over-$5,000 bracket; but 41% of the C and D people are in it, too. In the learned (and lowpaying) professions, the Phi Beta Kappa's advantage is greatest: he is twice as likely to be making over $5,000 as his C or D counterpart. In business, his advantage dwindles to almost nothing...