REAL ESTATE: 20th Century City

To the troubled movie business, 20th Century-Fox last week had good news to report. Ten-month earnings in 1957 rose to $2.44 a share v. .$1.83 for the same period of 1956.

President Spyros Skouras also an nounced a plan that he hopes will make a big chunk of money for Fox in the future.Fox plans to convert a large part of its wide-open, 284-acre West Los Angeles production lot into a "Century City" with more than a score of skyscrapers and apartment towers. The project would eventually cost $300 million, bring a net income of as much...

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