Word: burbanked
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Last week Pan Am went ahead with plans for improving its new route. In the Lockheed shops at Burbank, Calif, new land planes were building-four-motored, high-altitude Excaliburs with an average cruising range of 1,500 miles, 247-m.p.h. cruising speed (at 12,000 ft.). On the drawing boards was Pan Am's plane of the future - a 300-m.h.p. transport which could leave Rio early one morning, arrive at Miami the same evening. Pan Am hopes it will make possible a trip from Rio to Manhattan in 24 hours, a journey which by water takes twelve...
...first to retrench was Walt Disney. He has moved his entire staff to a new studio at Burbank, dropping some 400 people, about a quarter of his payroll, on the way. During the past fortnight Paramount carved off about 50 of its excess employes, while 20th Century-Fox was reported to have fired from 100 to 200 persons. Bullock's-Wilshire shop did not sell an expensive fur coat in ten days and Giro's night club was a morbid expanse of bare white table tops on Thursday, usually the busiest night...
...capital (securities, cash) of his big Atlas Corp. for new stock in Curtiss-Wright Corp., owner of the No. 1 U. S. aircraft& -engine backlog (TIME, April 1). Announced by Mr. Odium with the approval of Curtiss-Wright's President Guy Warner Vaughan, this super-Burbank financial tree-grafting took Wall Street by surprise, filled at least one class of Curtiss-Wright stockholders with articulate alarm...
...when she outflew nine men and won the arduous, annual Bendix Trophy Race in 8 hours, 10 minutes, 31.4 seconds (male record: 7 hours, 54 minutes, 26.31 seconds). Last week she popped another speed mark into her bagful of trophies and records: 2.000 kilometers (1,242.74 miles) from Burbank, Calif, to Albuquerque, N. M. and back in 3 hours, 44 minutes, 47 seconds, at an average 331,717 m.p.h. Previous record for the distance: 311 m.p.h., held by Germany's Ernst Seibert. At week's end, the international air-speed record was still a man's: Fritz...
...final round he will met Daniel E. Burbank, Jr. 3L, former member of the Harvard A. Team, who defeated Oscar M. Bate, Jr. 1L, previously on the Yale A Team...