Time Clock, Dec. 21, 1953

HOLLYWOOD'S Eagle Lion Studios, Inc., which has been ailing for years, will be the first movie studio to convert entirely to TV. A West Coast syndicate (among the directors: Oilman Edwin Pauley and Broker Daniel F. Reeves, president of the Los Angeles Rams football team) bought Eagle Lion for $1,100,000, will change the name to First National Studios Inc.

TIN prices, which jumped from 77¢ to $1.83 a lb. after Korea, will be stabilized under a new plan just drafted by tin producing and consuming nations. Plan calls for an international stockpile of up...

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