Word: record
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Dates: during 1950-1959
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Born. To Dorothy Kincheloe, 28, widow of U.S. Air Force Captain Iven C. Kincheloe Jr., holder of an unofficial world's altitude record (nearly 24 miles), who died two months ago in the crash of an F-104 Starfighter (TIME, Aug. 4): a second child, first daughter; in Oakland, Calif. Name: Jeannine Frances. Weight...
Died. Mabel Wolfe Wheaton, 68, sister of Novelist Thomas Wolfe, gently satirized as Eugene Gant's man-tall, tormented sister Helen in Look Homeward, Angel, who at her death was collaborating with Author LeGette Blythe on a book that she claimed would at last set the family record straight; of complications from diabetes; in Asheville...
Ampex, Revere, Bell Sound Systems, Wollensak, Webcor are selling stereo tape players. Stereo record players (price: $125 to $2,500) are being pushed by Pilot, Columbia, Zenith, RCA Victor, Emerson and others. Into the market for stereo records have come Columbia, RCA, Angel, London, Audio-Fidelity...
...records, companies agreed to adopt the "45/45" system, in which each record groove is pressed with two sound tracks, angled at 45°. Thus one machine will play most stereo records. Stereo sounds richer on tape, although sales of stereo tapes this year will hit only about $3,000,000 because they are tough to thread and are expensive (about $16.95 for 60 minutes' playing time). But major companies are now planning a simplified tape system...
...Maid was one of the most heavily traded stocks on the New York Stock Exchange as it rose to 18. The stock was pushed up by a fast turnabout in the prospects for the company that pioneered frozen orange juice. In the red last year, Minute Maid turned in record third-quarter earnings of $1.8 million, and President John Michael Fox predicted more than $4.4 million net for the year...