Word: hitting
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Dates: during 1950-1959
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...executive producer is Barry Wood, an ex-baritone from radio's old Hit Parade who prepared for the job by handling the Kate Smith Show and being appointed NBC's director of special events. He has under him a team of three producers (Herbert Sussan, Bob Bendick, Norman Frank), each of whom has his own staff and is allowed about six weeks preparation for every show. This week they were at work on their twelfth program, encouraged by a contented sponsor (General Motors), a $125,000 weekly budget and the highest audience rating of any daytime show. Boasts...
...competent translation, he put across his role with almost Broadway-like punch. Soprano Lucine Amara (Pamina) sang beautifully, and Roberta Peters (Queen of the Night) did her bell-like best despite a cold. But Tenor Brian Sullivan (Tamino) was dry-voiced and stiff-backed; Basso Jerome Hines, while he hit all of Sarastro's low notes, failed to be really moving. Not one of the slim, attractive Americans could match the musical excitement so often provided by the Met's derided, plumpish divas...
...with Government contracts, seemed the perfect target in the fight for a new round of wage increases (TIME, Feb. 2). They figured that the big planemakers, with the biggest backlogs in their history on the books, could easily pass along the extra wage cost. Last week the target was hit. In the first big strike of the year 12,000 members of the International Association of Machinists walked out of the Republic Aviation plant at Farmingdale, N.Y., and three smaller branches (including a guided missile plant). The company has $500 million in Government orders, mainly for the F-84F Thunderstreak...
...Motor Co., whose stock was selling at $13 although it had a book value of $55. Buying 100,000 shares (about 3%), Ditisheim proposed a complete reorganization. But when the company refused to go along, Ditisheim was squeezed out. However, White stock moved up in the general market boom, hit $48 a share last year. Gradually selling their holdings, Ditisheim & Co. wound up with a profit in the millions...
...MINIMUM WAGE of $1 hourly will put an extra $560 million yearly into the pay envelopes of 2,000,000 workers after it goes into effect this week. But the new law will hit Southern industry hard: of the South's 780,000 textile workers, 34% earn less than $1 hourly; of its 400,000 furniture workers and lumbermen, 67% are paid less than the new minimum. Some prices will go up to cover the higher wage costs, and some marginal operators may be forced out of business...