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...Parlange strike and an earlier successful Chevron well called the No. 1 Alma Plantation have touched off fresh waves of leasing and prospecting activity. Altogether, major oil companies and independents have leased more than 1.8 million acres. Some landowners got as much as $350 an acre and a one-third share in future production. The state of Louisiana, controlling 5 million acres, leased land on the bottom of Lake Pontchartrain for $324 an acre and a choice site elsewhere at $1,500 an acre in competitive bidding. So far, the Tuscaloosa Sand has yielded 14 producing or potentially producing wells...

Author: /time Magazine | Title: Energy: Giant Gas Gusher in Louisiana | 12/5/1977 | See Source »

...Anglo-French Concorde soon shot several sound-years ahead of its Russian rival with the inauguration of regular transatlantic passenger service in 1976. Last week the Soviet Union belatedly entered the supersonic sweepstakes by initiating regular Tu-144 flights on a little-traveled run between Moscow and Alma-Ata, an industrial city of 860,000 near the Chinese border. Price of a one-way ticket on the once-a-week flight: $113. TIME Moscow Bureau Chief Marsh Clark was the first Western passenger to step aboard the supersonic transport on its inaugural flight and filed this report...

Author: /time Magazine | Title: SOVIET UNION: Christening the Concordski | 11/14/1977 | See Source »

Passengers were startled by the extreme angle of ascent, which threatened to dump all their hand baggage into the rear toilet. But within 15 minutes the Concordski was level and cruising comfortably ten miles above ground, racing at twice the speed of sound toward Alma-Ata, 1,931 miles away...

Author: /time Magazine | Title: SOVIET UNION: Christening the Concordski | 11/14/1977 | See Source »

...hours after takeoff, the Concordski passed over the snowcapped mountains above Alma-Ata and settled onto the runway like a giant titanium duck, putting its feet down carefully and coming in tail...

Author: /time Magazine | Title: SOVIET UNION: Christening the Concordski | 11/14/1977 | See Source »

...logical next step. In 1975, he accepted the University of Chicago's offer. As Tosteson notes, "The reward for a job well done is another job." But there was still one more job in the offing. When last fall Tosteson accepted President Bok's offer of appointment to his alma mater, Harvard Medical School, the president of the University of Chicago quickly relieved Tosteson of his posts at Chicago, citing "the potential conflicts of interest in Dr. Tosteson's position as dean-designate of the Harvard Medical School and dean and vice president of the medical school" at Chicago...

Author: By George K. Sweetnam, | Title: Taking the Med School's Pulse | 10/21/1977 | See Source »

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