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Last week the Government reported that industrial output in May rose a slender 0.5%, the smallest increase in ten months. In a Commerce Department survey, U.S. manufacturers said that they anticipated sales gains of only about 0.4% in the second quarter, compared with boosts of 4.1% in the year's first three months. Consumer buying is slackening except for some items. After rising exuberantly for four straight months, retail sales slumped by a full $1 billion in April, to $41 billion. One reason: growth in personal income slowed in May for the third month in a row, climbing...

Author: /time Magazine | Title: GROWTH: At Last the Boom Falters | 7/2/1973 | See Source »

...work with the two that immediately preceded it--Troilus and Cressida and All's Well That Ends Well--as "dark" or "unpleasant" or "problem" comedies. The 19th century was generally repelled by Measure, Coleridge going so far as to brand it "the only painful part" of Shakespeare's output and applying to it such words as "odious," "disgusting," and "horrible." Twentieth-century minds have been much more intrigued by the play--some proclaiming it a masterpiece, which...

Author: By Caldwell Titcomb, | Title: Philip Kerr Excels in 'Measure for Measure' | 7/2/1973 | See Source »

...last week when it brought suit against Texaco and the Coastal States Gas Producing Co., a big refiner, to nullify an agreement that would have reduced the amounts of gas available to independent station owners. Under the agreement, Texaco would buy an increasing share of Coastal States' gas output and, in return, supply the refiner with larger percentages of its required crude. In reply, both Texaco and Coastal maintain that the agreement is legal...

Author: /time Magazine | Title: GASOLINE: The Shortage Hits Home | 6/25/1973 | See Source »

...American financier paid more than $2,000,000 for 30% of the holding company. With the money Don Pepe bought new machinery that has increased the firm's output of coffee bags from 2,000,000 annually to 7,000,000. Since Vesco moved to Costa Rica, it turned out, Figueres' New York bank account has grown by $436,000-much of it transferred by a bank with which Vesco has had extensive dealings...

Author: /time Magazine | Title: COSTA RICA: Scandal in Paradise | 6/11/1973 | See Source »

...Nixon Administration, which has sought to raise output this year by rejiggering its agricultural policies, remains optimistic. Last week the Department of Agriculture issued an interim progress report. Its main point: there is still time to get enough seed into the ground to ensure big harvests...

Author: /time Magazine | Title: AGRICULTURE: Harvest of Worry | 5/28/1973 | See Source »

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