Word: ince
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Dates: during 1940-1949
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This week found radio wrestling rather self-consciously with its soul. The tempter was that familiar old devil, John Barleycorn, represented by Schenley Industries, Inc. Schenley had quietly asked if the networks would now be willing to sell time on the air for whisky advertisements...
...Pasadena, Calif, headquarters of Joyce, Inc., all this global shoe-fitting last year added up to a thumping gross of $8.4 million. This year's sales are so good that Joyce, already the world's largest maker of wedgie playshoes for women, expects its overall gross to approach $20 million...
...past year, prodded by the Department of Justice, Radio-Keith-Orpheum Corp. and Paramount Pictures, Inc. have agreed to split their production-distribution operations and theater-owning functions into independent halves (TIME, May 17, 1948 et seq.). But the three other members of filmdom's "Big Five"-Loew's Inc., 20th Century-Fox Film Corp. and Warner Bros. Pictures, Inc.-decided to continue fighting Justice's antimonopoly suit. Although they knew they would probably have to yield in the end, the longer they could stave off the splitup the more money they might make from continuing...
Died. David Albert Schulte, 76, president (1903-48) and principal owner of the nationwide Schulte cigar-store chain, chairman of the board (1923-45) of Park & Tilford, Inc. (liquor and cosmetics), president of Dunhill International, Inc. (tobacco and perfume); in Holmdel, N.J. One of Manhattan's biggest real-estate operators (he had an intuitive genius for choosing the right corner-site retail stores), Schulte began as a $5-a-week errand boy, ended owning nearly 200 stores in 125 cities...
Specialists. In St. Louis, Piatt & Smillie Chemicals Inc. ran a want ad: "Salesman: expert driver, talker, liar, hunter, dancer, traveler, bridge player, poker player . . . capitalist . . . and authority on palmistry, chemistry and physiology," which drew replies from 83 applicants...