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...Khrushchev's demand as a "diversion" that betrayed Russia's concern over the West's economic vitality as compared with its own weakness. One of Russia's great economic defeats was dramatized last week when Moscow boosted meat prices 30% and butter prices 25%-the sharpest cost-of-living increase in Russia since World War II. Said Nikita:."I wouldn't say that this was pleasant for the people." But he argued that the move was necessary. Reason: collective farmers "have not been materially interested in increasing their output" because prices were...

Author: /time Magazine | Title: Communists: Economic Failure | 6/8/1962 | See Source »

...free-wheeling Toronto Exchange suffered its sharpest price break in the 28-year history of its industrial index. Curiously, it was the industrials rather than Canada's multitudinous speculative mining stocks that were hardest...

Author: /time Magazine | Title: Stock Exchanges: The Shock Waves | 6/8/1962 | See Source »

...With nearly 1,000,000 shares changing hands in the last half-hour, 982 issues fall, and only 141 rise. Only significant gainers are the gold mining stocks-an ominous sign that some investors are betting on a devaluation of the dollar. The Dow-Jones index plummets 12.25, its sharpest decline for a single day in 13 months...

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

...present trie of Curty Comba, Gavin Oilmer and Bob St. George seems set. Combe knocked in six runs against Princeton Saturday and Gilmer hit a home run against MIT. St. George in hitting over 200 and is the sharpest fielder in the group...

Author: By Steven V. Roberts, | Title: Crimson Team to Battle Bruin, Lion Nines Here | 5/4/1962 | See Source »

...last week provided some even more provocative insightsinto the values of U.S. collectors. Where a penciled score by FredericChopin went for $40, a set of letters from John Glenn to an auto dealer fetched $425 and a collection of Charles Lindbergh memorabilia brought $3,500. Sharpest reflection of the spirit of the age, however, was theprice commanded by some correspondence of Sigmund Freud...

Author: /time Magazine | Title: People: Apr. 20, 1962 | 4/20/1962 | See Source »

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