dec47: "The final week of the month and of the year of 1947, leads off with the announcement that 'Peg 'O My Heart' by The Harmonicats for the small independent label Vitacoustics is the largest selling record in modern history for an independent. Sales figures are put at more than one and a half million. . . . . . Other recent million sellers are 'Near You' by Francis Craig for the indie label Bullet, and Frankie Laine's Mercury recording of 'That's My Desire'. . . . . . . best bets of the last week of the year are 'When You Come To The End Of The Day' by The Inkspots (Decca), 'The Best Things In Life Are Free' by Jo Stafford (Capitol), 'Unison Riff' by Stan Kenton (Capitol), 'I've Got A Feeling I'm Falling' by Perry Como (RCA), 'Sierra Madre' / 'Don't Call It Love' by Freddy Martin with Stuart Wade-voc (RCA), 'My Old Flame' by Spike Jones (RCA), and 'Two Loves Have I' by Guy Lombardo (Decca). . . . . .John Hammond is named vice president of Mercury Records . . . . . .Jack Owens Tower Records artist is known as 'the cruising crooner' on ABC radio's 'Breakfast Club' . . . . . .new on the best seller list at year's end are : 'How Soon' by Dinah Shore (Columbia), 'I Can't Give You Anything But Love' by Rose 'Chee Chee' Murphy (Majestic), 'Serenade Of The Bells' by Sammy Kay (RCA), 'How Soon' by Vaughn Monroe (RCA), 'I'll Dance At Your Wedding' by Buddy Clark and Ray Noble (Columbia), 'How Soon' by Jack Owens (Tower), 'I'm My Own Grandpa' by Guy Lombardo (Decca), 'Civilization' by Woody Herman (Capitol), and 'You Do' by Vaughn Monroe (RCA). . . . . two albums hit the top five this week - 'Good News' the original cast (MGM) and 'King Cole Trio - vol. 3' (Capitol). "