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...Lexington, Kentucky's Keeneland Sale, the Aga Khan's nine-year-old bay mare, Masaka, was bought by Horsetrader A. B. Hancock Jr. for $105,000, highest price ever paid for a thoroughbred brood mare at a U.S. auction...

Author: /time Magazine | Title: Sport: Scoreboard, Nov. 15, 1954 | 11/15/1954 | See Source »

Society and Harvard University, the trustees of the collection-Vice President Thomas B. Adams of the Sheraton Corporation and John Quincy Adams of the John Hancock Mutual Life Insurance Company-announced that the big day had come. With a ten-year gift of $250,000 from LIFE, a group of historians will edit the papers for the Harvard University Press, will also make them available in microfilm to 16 U.S. libraries. Among the items in the collection: the complete diaries of Presidents John and John Quincy and Diplomat Charles Francis; letters and manuscripts of Historians Brooks and Henry; family correspondence...

Author: /time Magazine | Title: Education: The Adams Papers | 10/25/1954 | See Source »

...past few years, suggestion programs have proved so valuable that some 300 companies, Government departments and agencies have banded together in their own National Association of Suggestion Systems to promote the idea. Such blue-ribbon firms as Standard Oil (N.J.), National Biscuit. Sears, Roebuck, Internation al Business Machines, John Hancock Life. American Airlines and Westinghouse have elaborate programs. In 1953 General Motors alone paid out $2,419,709 (an average $52 a suggestion); Ford paid $542,918, Du Pont $295,382. General Electric $685,842. Government agencies gave $1,362,000 for new ideas-including a $275 award...

Author: /time Magazine | Title: EMPLOYEE SUGGESTIONS: Industry Turns the Gripes into Gold | 8/16/1954 | See Source »

...University of Southern California went on the air last November over UHF station KTHE (cost: $175,000; annual operating budget: $250,000), supported by funds from Oil Tycoon Allan Hancock, former USC board chairman. But with Hancock's abrupt resignation, KTHE may now have to continue on a "restricted-time basis." Surest sign of progress to date: the number of UHF sets in the Los Angeles area has jumped from...

Author: /time Magazine | Title: Radio: Cautious Progress | 7/19/1954 | See Source »

...carriers have figured in a long series of postwar accidents, e.g., the explosion that took 103 lives on the U.S.S. Bennington (TIME, June 7). Last week the Navy announced that it is abandoning the hydraulic catapult. A steam-powered model of British design, already tested successfully aboard the U.S.S. Hancock, will be installed on all American carriers. The steam catapult, utilizing a hooked piston riding in a slotted cylinder, is safer than the old hydraulic model because it uses no highly volatile, explosive liquids...

Author: /time Magazine | Title: ARMED FORCES: A Better Slingshot | 7/12/1954 | See Source »

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