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Unexpected Crimp. Most significant, the two biggest producers have brought down their totals from late last year. Production has dropped in Saudi Arabia by 1 million bbl., to a total of 7.5 million bbl. In Iran, output has declined from 6.1 million bbl. to between 5.3 million and 5.6 million bbl. Last week Venezuela, which had already reduced output from 3 million bbl., to 2.6 million bbl., announced that it was trimming another 200,000 bbl. Pumping in Libya has been cut in half from last year's average, to 1 million bbl. a day. In January, Abu Dhabi...
Unemployment is rising and production is falling faster than at any time since the Depression, and the situation is certain to grow worse. In January, the output of the nation's factories, mines and utilities fell 3.6%, the most severe monthly plunge in 37 years. With production lines shutting down and the number of bankruptcies swelling, President Ford's economists have already abandoned their recent prediction that unemployment this year would average 8.1%. It hit 8.2% in January, is sure to climb in February and, says Arthur Okun, a member of TIME'S Board of Economists...
...guitar, notes can bend, slide and wave. Sounds can glide through all the frequencies between two fixed pitches-just as the human voice does-enabling Sear's musical clone to produce any sound imaginable. Moreover, the guitar can now match a keyboard Moog's titanic output decibel for decibel. In live performance, the complex studio wall synthesizer with its winking lights and patchcord jungle can be replaced by a portable console...
...novels, more than 300 short stories, 500 essays and articles, 40 or so plays and musicals and numerous movies-not to mention snippets of some of the funniest verse ever written in English. Many people grew up on Wodehouse and grew old on Wodehouse; his literary output, as reliable and regular as the seasons, never faltered or faded. Until he died of a heart attack in his home on Long Island, N.Y., at the age of 93, many of his readers must have assumed that Wodehouse-like Jeeves and Bertie Wooster, his best-known literary creations-was immortal...
Hines' soaring jump shots, full-court drives, and running one-handers accounted for 22 this career high and point output for the night) of the Crimson's final 38 points...