Word: payouts
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...famed bookies, with their derby hats, their rhyming slang-and their ads in Sporting Life. Writes Clements of the board: "Uninspired, uninspiring. To see the stolid, sad-faced queues lined up to bet on numbers at prison windows, the somber ritual repeated if, perchance, they are concerned with the payout-it is a dreary business...
...machines. Says Republic Steel Vice President Norman W. Foy: "Our policy is hard on stockholders, but there is no alternative." Though dividends were up slightly to $12 billion v. $11.2 billion in 1955, they were still only 60% of profits compared to the 75% that corporations consider the normal payout to stockholders. As one result, Wall Street's bull market did not reflect the boom. It climbed to a high of 521.05 on the Dow-Jones industrial average in April, then slipped back 50 points, and at year's end was just about where it started...
...Barrie's sequel, Peter and Wendy). Director-Choreographer Jerome Robbins shaved away sentimentality in favor of movement and daughter; Cyril Ritchard turned Captain Hook ( "the swiniest swine of them all") into a Pirate of Penzance with a fine mixture of cringe and gusto. Of the two sponsors (total payout: $450,000), Ford made palatable its light-touch commercials; RCA tried to fob off Vaughn Monroe in a fantasy of its own and suffered by contrast. After a look at the size of the audience (an estimated 65 million) NBC announced that it will stage a second production of Peter...