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...iron lung. Before learning the technique, one group of eleven patients at Rancho Los Amigos was able to remain outside their respirators for an average of only 4½ minutes. After mastering it, their average time jumped to 4½ hours. Frog breathing gives patients a big psychological boost, also enables them to cough, ending a small but maddening frustration that besets the paralyzed who feel the throat irritation but cannot relieve it, and it allows them to speak audibly...

Author: /time Magazine | Title: Medicine: Frog Breathing | 8/17/1953 | See Source »

Died. Abner Powell, 92, one of professional baseball's oldtime promoters who, as pitcher-rightfielder-manager of the New Orleans Pelicans, first inaugurated (1887) the rain check and Ladies' Day to boost game attendance; of a heart attack, while chopping down a chinaberry tree in his yard; in New Orleans...

Author: /time Magazine | Title: Milestones, Aug. 17, 1953 | 8/17/1953 | See Source »

According to Marxian dialectic, capitalists foment wars to boost their profits. According to an old Wall Street saw: 'Peace is bullish." Last week the hardbitten traders on the New York Stock Exchange proved the old saying right and Marx wrong. In the first few days after the Korean truce, the Dow-Jones industrial average advanced six points to 275, the highest level in two months, and ended July with the first monthly gain since last December. At the beginning of this week, the average continued the rise...

Author: /time Magazine | Title: THE ECONOMY: After the Truce | 8/10/1953 | See Source »

...Government now has control over almost every kind of debt except consumer credit. If it wants to tighten up on housing credit, it can boost rates on Government-insured mortgages; if it wants to restrict bank loans, it can boost reserve requirements. But it has had no direct control over consumer credit since the Federal Reserve Board's power to fix minimum down payments and maximum payoff periods (Regulation W) expired last year...

Author: /time Magazine | Title: THE CREDIT FLOOD: Are Americans In Over Their Heads? | 8/3/1953 | See Source »

...majority stockholders, owning 55% of the newspaper. Last week plans were completed to sell 75,000 more shares to the "permanent" (more than five years) employees. The new stock, purchased from the estate of the Journal's onetime business manager (and later publisher), Lloyd Tilghman Boyd, will boost employee ownership to 67½%. To date, the Journal's 831 employee-owners have paid $3,325,920 for stock that has paid $6,516,000 in dividends, is now worth...

Author: /time Magazine | Title: The Press: Two-Thirds | 8/3/1953 | See Source »

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