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...Bretton Woods, N.H. in 1944) said that the money would go into 27 construction and development programs in electric power, coal mining, extraction and processing of nonferrous metals, iron and steel, some manufacturing industries, forestry and transportation. Most projects are to be completed by 1956, and are expected to boost Yugoslav industrial output by at least 30%. Examples: production capacity for iron ore should go up by 900,000 tons, pig iron by 260,000 tons, steel ingots by 275,000 tons, finished steel products by 195,000 tons. Most of the things Yugoslavia needs to buy can be bought...

Author: /time Magazine | Title: ECONOMICS: Money from the Bank | 2/23/1953 | See Source »

...sooner had the Government issued the new decontrols on materials and prices (see NATIONAL AFFAIRS) than the law of supply & demand reasserted itself. In areas where shortages still existed, prices moved up. On the West Coast, crude oil went up 10? a barrel, and Socony-Vacuum predicted a nationwide boost of 1? a gallon in the price of gasoline. Scrap copper, supplies of which had dwindled to almost nothing in expectation of a free market, scooted up 4? a lb. to 25?. Since that was more than the ceiling price on refined copper (24½? a lb.), metalmen were sure...

Author: /time Magazine | Title: STATE OF BUSINESS: Freer & Higher | 2/23/1953 | See Source »

...maturing short-term issue was exchanged tor a new bond paying 2½% and maturing in five years and ten months (TIME Feb 9); the remaining 91% went right back into one-year certificates, at 2¼%. It looked as if Secretary Humphrey would have to boost his interest rates on long-term bonds if he meant to sell a sizable amount of them...

Author: /time Magazine | Title: FISCAL: Progress Report | 2/23/1953 | See Source »

Eventually, Editor Bacci hopes to boost his circulation to about 3,500. But to do that, he knows that he must update his authors as well as his Latin. The big trouble, says he, is that those who know Latin best seem to know the modern world least. "We planned to include a report on a soccer match," sighs Editor Bacci. "But the author, a most brilliant Latin writer, found he did not know enough about soccer. The report will be published as soon as the author, who is now studying a manual on how to play soccer, acquires...

Author: /time Magazine | Title: Education: Ad Cultores Optimos | 2/16/1953 | See Source »

Dick Clasby, ill with the flu since, Friday, has left the infirmary, and is the most probable starter. He will boost the first line considerably...

Author: NO WRITER ATTRIBUTED | Title: Injured Key Men Return to Drills; odds on Six Rise | 2/10/1953 | See Source »

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