Word: succession
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Dates: during 1950-1959
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Last week in Japan, at the end of its tour, the Little Orchestra played still another Cowell gift to the Orient: a two-movement piece with a "Japanese feel" titled Ongaku. Strongly flavored with the haunting sonorities of early Japanese court music, Ongaku was a success with the older members of the audience, but left some of the younger ones, whose musical diet is increasingly Western, faintly puzzled. Said one: "Frankly, it's too Japanese for us; it's a bit over our heads...
...written (called Yes), and rehearsing (in New York City) for an appearance with Benny Goodman on TV's Swing into Spring. In Hollywood he barely had time to drop in at the Pantages Theater on his thirtieth birthday to collect a glittering memento of his most recent success: an Oscar (see SHOW BUSINESS) for his scoring of the musical Gigi...
...cultivated New Jersey importer, Eilshemius was born to wealth, studied art in Europe traveled through Spain (where he painted Malaga Beach), Africa and the South Seas. He began exhibiting early, seemed destined for glittering success. He had mastered a broad and airy impressionism, not so brightly lit as that of his French masters, but softly luminous. What queered his career was a strain of fantasy: he introduced into his atmospheric pictures incidents of a naive sort-lubricious, melodramatic (as in Jealousy), somewhat wooden...
...sense, Wall Street is now paying for the success of its campaign to recruit small stockholders. Once a stockholder has an account, the high-priced blue chips that he first bought may seem pretty stodgy beside the greater gains possible in more speculative companies. He knows that top growth companies such as Polaroid and Texas Instruments, which have increased several hundred percent in a few years, were once considered risky. Says Stock Exchange President G. Keith Funston: "We have no objection to people buying into small and little-known companies-provided they know what they are doing...
Trade-Ins. The key to Ayer's success is the way he sells. He does not merely dump airplanes for a price, but first makes sure that they can be used and comfortably paid for. For small lines, which do not always know what is best for them, he sends in men to analyze routes, cargo business and profits. Since his credit is better than that of many small lines, and "he can pay off his big purchases as he receives payments for his sales, he can give airlines credit terms that many would not get themselves. Equally important...