Word: ratings
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Dates: during 1950-1959
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Last week the Army proudly announced one extra dividend of such upgrading: effective March 2, it will close down its disciplinary barracks for military prisoners at New Cumberland, Pa. After that, owing to a sharp decline in courts-martial (to a monthly rate of 18.2 per 100,000 soldiers from 54.1 in 1956), only two prisons (Fort Leavenworth, Kans. and Lompoc, Calif.) will operate, where two years ago five were needed...
...appearing in Bridge on the River Kwai, William Holden agreed to 10% of the gross, but for tax reasons wanted it paid to him at the rate of only $50,000 a year. The picture has already made so much money (between $20 and $30 million) that Holden's share now stands at between $2,000,000 and $3,000,000. Not only will it take 40-year-old Holden at least 40 years to get the last of his money, but Columbia can in the meantime invest it and make well over $50,000 a year, thus...
Economists have long known that the gross national product, the nation's No. 1 economic growth indicator, has a serious flaw. It does not allow for inflation. When prices and production are both swooping up, the G.N.P. greatly overstates the rate of growth of the U.S. economy. When production sags, it understates the drop, since prices tend to hold up. To counteract these price distortions, the Commerce Department brought out a new indicator. Henceforth, along with the regular quarterly G.N.P. expressed in dollars of current value, the department will publish a G.N.P. showing what the actual change would have...
...keeping up with the changes, the Bank of America has cashed in handsomely on California's tremendous postwar boom. Branches are being opened at the rate of two a month, have grown from 494 in 1946 to 638 today, scattered through 350 cities in California and abroad. Since World War II the bank has doubled its size, its business, its personnel, its deposits. Today it employs 23,500 people, offers 55 different services to its customers (7,000,000 accounts...
...much given to psychology and the like in their film making, and Inspector Maigret has more than its share. Mother-son, husband-wife, wife-mother-in-law relations are explored somewhat to the detriment of the story, but Gabin manages to turn the whole pot-pourri into a first-rate show...