Word: philco
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...part in Strindberg's grim The Father. She got the part and won good notices, but the play lasted only two months. Grace went back to TV ("summer stock in an iron lung") to play in such varied offerings as Studio One, Treasury Men in Action, Philco Playhouse and Lights...
...While badly needing and openly crying for foreign investment, the government is slowly forcing out firms already in business. Most planters (tea, rubber) say they are not even bothering to replant. General Motors closed its assembly plant at Tandjong Priok a few weeks ago after 27 years of operation. Philco Radio and Britain's vast Imperial Chemical Industries are expected to follow quite soon. At Tandjong Priok, the capital's seaport, costly prefabricated school buildings are rusting on wharves because someone has forgotten them; at Bandung, in West Java, a $45 million munitions factory sits unassembled because...
Before she starred on the Philco Playhouse (CBS-TV), in a tailor-made drama called Run, Girl, Run, Lee Ann Meriwether, 19, better known as Miss America of 1955, got some encouragement from two previous titleholders, Yolande Betbeze ('51) and Jean Bartel ('43). Asked why so few of her predecessors had made the grade as successful actresses, Lee Ann had a blandly optimistic answer. "A lot of the girls haven't wanted it," purred...
DEALER RESTRICTIONS, by which companies prevent distributors from unloading surplus stocks outside their geographic areas, are in for a rough time from the Justice Department. Government lawyers have filed an antitrust suit against Philco for a clause in its contracts that gives the parent company the right to buy up (at cost) and sell back to the distributor any product that he sells outside his area or to an unauthorized dealer. Justice's charge: the clause eliminates competition, boycotts nonfranchised stores...
...PRICES, after dropping for four years, are now climbing back up again. Philco touched it off by boosting 1955 models by $10 to $20 a set because of higher costs, has been quickly followed by others, including both Emerson and Admiral, which announced price cuts when they introduced new sets this summer...