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...selling in wheat futures. As U.S. farmers got ready to vote on wheat marketing quotas, the traders were hedging the possibility that controls would be voted down, thus automatically cutting Government price supports for wheat nearly in half. In the hectic trading, September futures fell to $1.75 a bu., the lowest price in six years and 60? below the price a year ago. The fears about the voting were unjustified (see NATIONAL AFFAIRS, and September futures soon rebounded to $1.88 as flour mills made big buys at the bargain prices. But the fact remained that, not only in wheat...

Author: /time Magazine | Title: COMMODITIES: Growing Surplus | 8/24/1953 | See Source »

...whether marketing quotas should be imposed, the first such poll in eleven years. If two-thirds of the farmers approve the quotas, as expected, they may sell only as much as they produce, and the Government will continue to support wheat at 90% of parity (now about $2.20 a bu.). If the quotas are not approved, the support price will automatically be cut to 50% of parity and farmers will be free to sell storage wheat also...

Author: /time Magazine | Title: Business: Bitter Pill | 7/27/1953 | See Source »

...flurry of selling in the Chicago Board of Trade's grain pits last week, July wheat dropped about 4? to $1.97¾ a bu., lowest price in more than three years. At the start of this week it dropped another 10 cents a bushel. Chief reason: the Agriculture Department had raised its final estimate of the 1953 wheat crop to 1,132,500,000 bu., almost 100 million bu. higher than the estimate made a month earlier. This was more than enough to offset the week's more encouraging news, i.e., President Eisenhower's request that...

Author: /time Magazine | Title: COMMODITIES: Busy Week in Wheat | 6/22/1953 | See Source »

There last week went an envelope marked "On Her Majesty's Service." Inside, a brief note said: "You are notified a Remission Board Order has been signed today, terminating your sentence of imprisonment." On hearing the news, Allmendingen's Bu germeister promptly closed the village school and marched the children, town councilors and teachers up to the castle for an official "Welcome Home" for the old (65) soldier. As a band oompahed Im Schdnsten Wiesengrnmde (In the Beautiful Meadow), Manstein, sallow and strained, took a bouquet of lilacs and tulips from the kiddies and said: "We hope...

Author: /time Magazine | Title: WEST GERMANY: Posies for the General | 5/18/1953 | See Source »

...soon to come. Moreover, thanks to the malocclusion of the Clooney jaw, her voice carries just a hint of a lisp. A word like "kiss" comes out a bit like "kish," and "caress" like "caresh." Like Bing Crosby, who attributed some of the distinctiveness of his early bu-bu-bu-boos to a node on his vocal cords, Clooney gets a sound that no competitor quite duplicates. In the ballad business, where distinctiveness is worth more than a clear high C, her voice is instantly recognizable...

Author: /time Magazine | Title: Music: Girl in the Groove | 2/23/1953 | See Source »

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