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...world's art museums. Even as demonstrators paraded through the streets of Paris earlier this month, the Louvre's attendance rolled on at a steady 3,000 a day. Nothing short of war or revolution will keep the crowds below 5,000 a day at the peak of the tourist season in mid-August. Nowhere on earth is there another edifice dedicated to man's delight in art that is comparable to the mammoth structure along the Seine, spreading over 49 acres...
Among the most popular paintings in the show are the works of two Milanese artists who reached their peak at the beginning of the 16th century (see color page), Bernardino Butinone (active 1454-1507) and Ambrogio Fossano, known as "Il Borgognone" (circa 1450-1523). Butinone tried to combine the perspective of Florence with the mastery of light developed by the artists of Bruges. His The Last Judgment almost overcrowds the canvas with drama: the archangel is dividing the damned from the saved (including a Pope) in the foreground, while Christ sits on high in judgment, flanked by the Apostles...
...National Bureau of Economic Research, the indexes have been expanded and sharpened by Bureau Economist Geoffrey Moore. As with all indicators, the diffusion indexes have produced some false alarms. But the Leading Series has forecast all the postwar recessions. Last May 1957, two months before the economy reached the peak, the Leading group nosed down to signal trouble ahead. But the real warning came last August, when the composite index of all 21 areas started a fast slide...
...time in a year. This is a good though not infallible sign that the economy has seen the worst. Said Economist Moore: "The way these indicators have behaved, an upturn in business activity should come during the second half of 1958. But business activity may not return to the peak levels of last July until late 1959 or early...
...stalled railroads showed signs of picking up speed. Freight carloadings jumped 7% in a fortnight, hit a 1958 high of 612,715 cars. The rise was in all types of freight, with the most significant gain in wheat shipments. Railroadmen expect that wheat shipments will reach a peak around July 4, stay high as the U.S. harvests its fourth fattest crop in history...