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...market has quivered, waiting for the U.S. to say when and how it would sell so large an amount of tin, and for what price. Despite State Department denials, rumors persist in London (where world price patterns are set) that the U.S. intends to dump its stocks at rock-bottom prices to help out the U.S. steelmakers, who are the prime users of tin (for cans). Equally persistent are contrary rumors that the U.S. will set a high price because it paid relatively high prices for the stockpiled tin and does not want to lose money. The U.S. has another...

Author: /time Magazine | Title: Commodities: Tension in Tin | 8/17/1962 | See Source »

...Keeping one step ahead of the landlord, he has moved about so much that the London art world is never quite sure where he can be found. A compulsive perfectionist, he has always destroyed more of his paintings than he has finished. A few years ago, he would merely dump them into the dustbin, but when he found that light-fingered admirers were rescuing and even selling them (one recently brought $2,800), he began slashing them with a razor. "I usually like a canvas when I finish it," he says. "But the more I look at it, the more...

Author: /time Magazine | Title: Art: Distort into Reality | 6/8/1962 | See Source »

have also received "recommendations" to dump some of their common...

Author: /time Magazine | Title: Wall Street: One Hectic Week | 6/1/1962 | See Source »

...prosperous dealer organization. Sloan picked his dealers carefully, watched over their accounting methods, and saw to it that they were all geographically spaced to divide the market properly. After the 1955 auto glut-when the company was accused of forcing so many cars on dealers that they had to dump them at almost any price-G.M., with prompting from the Senate's O'Mahoney subcommittee, further improved its dealer relations. It extended dealer contracts from one year to five, hired an ex-judge to decide disagreements between the company and its dealers, and set up elected dealer...

Author: /time Magazine | Title: Autos: Product of the System | 5/18/1962 | See Source »

...wind and the animals." Today in Santiago he makes $1.50 a day as a construction helper. "Here I have a radio," says Paredes. A Peruvian mountain couple, German and Aurelia Ortega, are stuck in El Monton (The Pile), a Lima slum of 5,000 people beside a garbage dump. With 14 relatives, they huddle in a dirt-floored hut-its walls made of flattened tin cans, scrap wood and cardboard cartons. German, 30, earns 25 soles (93?) a day in a pottery plant; the others ragpick or beg for scraps at the back doors of restaurants. Once each day Aurelia...

Author: /time Magazine | Title: The Americas: Slums in the Sun | 5/4/1962 | See Source »

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