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...extra race a day and five additional racing days a season. Texas, its oil producers already hilt-taxed, may tax natural-gas transmission companies as well. New Mexico may triple its severance tax on uranium; Nevada will collect one-fourth the state budget from legalized gambling; Florida taxes citrus growers and Maine its timber...

Author: /time Magazine | Title: THE STATES: Nibbles by the Million | 2/9/1959 | See Source »

DROPPING FARM PRICES will put parity below 80% for first time in 19 years. Lower prices are coming for cotton, grain, citrus, eggs, milk...

Author: /time Magazine | Title: Time Clock, Jan. 19, 1959 | 1/19/1959 | See Source »

...could not operate without external balances, and even some government agencies had undeclared accounts of their own. But Spain's sick economy has been going from bad to worse. In the first nine months of 1958 the country suffered a trade deficit of $263 million. Its exports of citrus fruits are down more than 60%. It has so little left in gold reserves ($57 million) that it cannot even scrape up enough money to pay for the crude petroleum it needs each year. Desperate for hard currency, and shocked by the size of the sums involved, Franco decided...

Author: /time Magazine | Title: SPAIN: Case of the Fugitive Treasure | 12/29/1958 | See Source »

...prices while competition cut profit margins. Minute Maid ran into further trouble in its own orange processing, where costs increased while retail prices slid. Though 1957 sales were $103 million, the company reported a pre-tax loss of $5,000,000. When a December freeze hit Florida's citrus crop, Wall Street assumed the worst, sold Minute Maid down to a nine-year...

Author: /time Magazine | Title: CORPORATIONS: Remade Minute Maid | 10/13/1958 | See Source »

Riverside. A small (843 students) liberal arts college started in the desert six years ago at the site of the university's citrus experimental station 75 miles east of Los Angeles, Riverside this year sent an impressive 50% of its seniors on to graduate schools...

Author: /time Magazine | Title: Education: The Big, Big C | 7/28/1958 | See Source »

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