Word: record
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Dates: during 1950-1959
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...without straining a tonsil. "Down in Fort Lauderdale," Conway recalls, "I went to sleep one night and dreamed of a song. I jumped out of bed and jotted down the words. Then I hummed the tune." Result: a song he called Not for Me, which he has yet to record. "I was at the Flamingo Lounge in Hamilton, Ont. last February," Conway says, "and I went up to the office during intermission and wrote It's Only Make Believe in seven minutes...
...half of the 2.000 ticket holders were forced to watch the bidding on closed-circuit television. The lot had been collected in a hurry over the past few years by Hotelman Arnold Kirkeby (Hampshire House, Beverly Wilshire. Saranac Inn, El Panama). He was selling them off faster yet. Top record-breaker of the evening: $152,000 for an early and not especially rewarding Picasso that cost just $45,000 three years ago, was bought by Kirkeby only last year for a whopping $185,000. His loss on that canvas was more than compensated by record-breaking prices for a golden...
...Christmas selling season started, retailers beamed last week at the prospect of record volume. The U.S. consumer, who has spent freely and faithfully all through the year's downs and ups, was opening his pocketbook as never before. Sales in the nation's chain stores scored the year's biggest gain in October, up 7.1% over October of 1957. For the first ten months, chain store sales topped the brisk 1957 pace...
...quarterly dividend it has paid for 37 years, despite a spate of rumors of a raise. But stockholders have fared well this year despite dividend cuts in hard-hit industries. The New York Stock Exchange reported that cash dividends on common stocks for the first three quarters set a record high of $6.4 billion, up $11.2 million from...
...some time, since T.W.A., owned 78.2% by California's fabulous Howard Hughes, is in the worst financial shape of any major U.S. airline. On last year's balance sheet, the accountants listed a net loss of $1,600,000, despite a 9.7% jump in revenues to a record $263.7 million. For the first nine months this year, the loss is $1,800,000, although other major lines are well in the black. More important, T.W.A. has borrowed so heavily from banks and insurance companies that it has rigid restrictions on all its spending...