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Down, Down. Then, inch by inch, a snake crept into this oily Eden. Surveyors checking their lines during construction of a Navy drydock in 1941, noticed that the ground had sunk a little. Long Beach sages, only slightly alarmed, suggested various causes. It was an earthquake, maybe, or the result of dredging and filling in the harbor area. Few liked to mention the obvious conclusion: that the sinking of Long Beach was caused by extraction of the oil that was making the city rich...

Author: /time Magazine | Title: Science: Going Down . . . | 4/1/1957 | See Source »

...restive Consumer Price Index was still giving the Administration-and the rest of the U.S.-the creeps. Setting a new record for the fifth month in a row, it crept up in January to a mark of 118.2 (the 1947-49 average = 100), thus stood .2 above December, 1.1 above September, and a sharp 3.6 above January 1956. The 3.6 climb in a single year seemed all the more creepy by contrast with the index's behavior during the first three Eisenhower years: twitching upward in some months and downward in others, it gained only .7 from early...

Author: /time Magazine | Title: National Affairs: Creeping Up | 3/4/1957 | See Source »

...rails, the nation's No. 1 rail carrier, Pennsylvania Railroad, steamed in with its best total in three years, a 6% rise to $991 million, but income crept up only 1% to $41.5 million. Helped by higher freight rates, Erie Railroad sales rose 9% to $175 million, while profits were up only $200,000, to $8,100,000. Union Pacific's gross income of $514 million bettered 1955's by $5,000,000, but earnings were off $600,000 to $78.6 million...

Author: /time Magazine | Title: Business: Profits Pinch | 2/4/1957 | See Source »

Here and there some discrepancies crept into the account. A few years ago the Methodist stewards had to remove Rose as church treasurer for the unbankerlike reason that his accounts were too careless ly handled. He was careless in other ways, too. Many was the time he would put through a businessman's check even when the account was overdrawn, then phone and say: "Pay me when you get it." Faced with such freehanded competition, one Ellenville finance company folded up and left town...

Author: /time Magazine | Title: BANKING: The Generous Lender | 12/24/1956 | See Source »

...about, and only one lover (Jean Desailly). The lieutenant gave chase-and right there his luck gave out. He met her at a ball; she was distant. He asked if he might take her home; she refused. He followed her anyway; she shut the door in his face. He crept into her boudoir; her lover came calling before anything could happen. In the church, in the park, at the theater-she escaped him every time, and every time she escaped him, the hunter was hotter for his sport. Until suddenly he knew that the chase was over; he had been...

Author: /time Magazine | Title: Cinema: The New Pictures, Oct. 15, 1956 | 10/15/1956 | See Source »

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