Word: recording
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Dates: during 1950-1959
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Widening Search. While the subcommittee was trying to get the facts on Musicman Clark, investigators were widening their search. New York County D.A. Frank Hogan subpoenaed the financial records of eleven record companies; one owner immediately announced that he had a pile of canceled $100 checks endorsed by disk jockeys. The story would take some time to unfold. "The last thing most people in this industry want is to clean it up," admitted one musicman. "It's too lucrative for too many people...
...variety. But he was an undisputed smash with the customers who packed the Empire Room night after night, long after Liz, the Prince and the stubborn Brooklyn dentist had departed. Having lost his TV show in the furor over his divorce from Debbie Reynolds, and suffering chronically from poor record sales, Eddie Fisher seemed to be making a comeback...
Plant expansion will bound back to the 1957 record rate of $37.8 billion and could show a "startling" 30% jump to a rate of $43 billion by the end of the year, said William F. Butler, vice president of the Chase Manhattan Bank...
...corporations mailed out $833 million in dividend checks to their stockholders in October, the Commerce Department reported last week, a record for the month and $13 million above the $820 million paid out in the corresponding month...
...total number of U.S. stockholders receiving such handy budget balancers is also at a new high. The latest New York Stock Exchange study showed 12,490,000 individual shareholders of record, up from 8,630,000 in 1956. The number of stockholders is now bigger than the number of factory workers. One in every four U.S. households gets a dividend check or checks v. one in seven only seven years ago. To keep the checks going, U.S. corporations are declaring dividends at a rate approaching $14 billion a year, against $9 billion...