Word: ince
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Dates: during 1940-1949
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Louis B. Mayer, party of the first part in many a six-figure contract, had his own option picked up by Loew's, Inc. Presi dent Nicholas M. Schenck, who signed him up to head Loew's-owned Metro-Goldwyn-Mayer for a few more years...
Other TV manufacturers were not standing still. To snag the high-price trade, Du Mont Laboratories, Inc. last week brought out a console model with a 19-in. tube (the biggest ever made), to sell for $725. Magnavox Co. bragged that its three new 16-in. sets had the largest picture area (148 sq. in. v. the usual 126) of any 16-in. set now on the market (prices: $399-5° to $595). Westinghouse Electric Corp., to calm dealers' fears of inventory losses, adopted the policy of guaranteeing its television dealers against loss on any price cuts that...
...Shallit, RFC engineer who recommended a $200,000 loan to Alaska's Usibelli Coal Mines Inc., to assistant manager of the company...
...packed in their passengers like cattle to make their cut-rate fares profitable. Worse still in the same period there had been no less than four crashes, killing 117 people. The latest-and most serious-was six weeks ago when a Curtiss Commando plane operated by Strato-Freight, Inc. plunged into the Atlantic, killing 53 of its 81 occupants (TIME, June 20). After that, the Civil Aeronautics Administration decided to take a harder look at the non-skeds' safety practices...
When Eversharp, Inc.'s stockholders walked into the Chicago headquarters for their annual meeting last week, they felt that something important was out of place. Something was. It was Eversharp's ebullient ex-chairman, Martin Straus. In place of Straus, thick-jowled R. Howard Webster of Montreal, Straus's sworn enemy, was running things. Straus had lost control of the company which, in seven meteoric years, had risen, with the help of razzle-dazzle advertising ("the $64 question"), from a $12,078 deficit to peak sales (1946) of $46 million and a $4.2 million...