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Encore. A new, expertly packaged trio of entertaining short stories by Somerset (Trio, Quartet) Maugham (TIME, April 7).The Young and the Damned. A savage juvenile-delinquency drama with a largely amateur cast, filmed in Mexico by Spain's Luis Buñuel (TIME, March...
...young go-getters in Rochelle, Ill. (pop. 5,400), Frank and James Spellman were doing nicely buying, selling and trucking grain. Then they expanded, and bought a grain elevator. In 1949, they got a contract with the Agriculture Department's Commodity Credit Corp. to store 200,000 bu. of grain. The Spellmans, both in their early 303, began expanding faster. They added to their fleet of trucks, worked into real-estate deals, began shipping grain to Chicago by rail...
...charged, was not big enough to store 100,000 bushels of grain in the first place. After the Spellmans started selling the grain, they took pains to fool any Government inspectors who might come along. At the top of the elevator, just below the catwalk, they hung small 275-bu. bins so that anyone looking in would think that the elevator was full. At the bottom, they kept just enough grain to cover the elevator door space, in case anyone peeked in. But they need not have been so careful. In the two years they stored Government grain...
...Marshall" has become part of the language. It means easy installments. Vedad Baykurt, a young businessman, says that when the peasant comes into a farm equipment store these days, his first question is, "Bu Marshall mi? [Is this Marshall?]," meaning, can I buy this on 20% down and 20% each year for five years, borrowing the down payment from the Agricultural Bank...
Displaced Rattlers. Last week one pump was running, slowly filling a 27-mile lake in the desert-bottomed Coulee. As the water advances, it pushes ahead of it a wave of displaced rattlesnakes. One bu-reauman killed 51 in a morning...