Word: hit
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Dates: during 1940-1949
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Last week the La Jolla (rhymes with Ahoy ya) Playhouse hit a jackpot with a midseason production of Moss Hart's Light Up the Sky. The cast read like that of a grade A cinema-Gregory Peck, Jean Parker, Benay Venuta, Florence Bates-and the first-night audience looked like a Hollywood première. But behind the elaborate façade was the solid work of such self-improving actors as Gregory Peck and Mel (Lost Boundaries) Ferrer, who have carried the load of running the Playhouse ever since David O. Selznick put up $15,000 to help...
There were signs, too, that U.S. consumers were spending again. The Federal Reserve Board reported that April had witnessed the end of the unraveling in textiles and some other nondurable goods. June installment buying hit an alltime record of $9.1 billion. And despite the increase in unemployment, the rate of personal income was still running above 1948. Some businessmen began to feel almost as cheerful as General Mills's Chairman Harry A. Bullis, who said last week: "We are on our way towards a soundly priced American prosperity that can be sustained...
General Motors, one of the biggest single U.S. employers, was acting as if it had never heard the word "recession." First-half profits hit an astronomical $303.7 million, 46% above 1948. The reason: as steel became plentiful this year, G.M. was able for the first time since the war to push its production throttle to the floor board. G.M. intended to keep it there: next week, Chevrolet's Flint plant will add an extra shift to step up production from 480 cars a day to 680. In 1949's second quarter, G.M. had already broken all previous quarterly...
...bigger quarters adjoining the drugstore, Joyce decided to take a fling at playshoes. The trouble with playshoes, he thought, was that their flat soles made women look dumpy. He copied the elevated, platform-type slipper which the Chinese had worn for centuries, and brought out "wedgies." This time he hit the jackpot...
...elder Ford's weekly Dearborn Independent printed such anti-Semitic rantings as the spurious "Protocols of Zion." Hit with a $1,000,000 libel suit (he paid $75,000 out of court), Ford publicly disclaimed anti-Semitism and suspended the Independent...