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...certain amount of a commodity that can be sent to him anywhere from a day to a year and a half after purchase. That arrangement has given more than one investor nightmares about having 5,000 bushels of wheat or five tons of sugar dumped on his doorstep. In fact, only 2% of all futures trades result in actual deliveries to a bakery, metal-processing plant or other users of the goods. The rest are purely paper transactions; if the holder of a soybean future, for example, theoretically bought the beans at $5 a bushel, and the price has risen...

Author: /time Magazine | Title: COMMODITIES: The Wild Present of Futures | 4/2/1973 | See Source »

...largely by Gough Whitlam, Australia's first Labor Party Prime Minister in 23 years and-as Ogle discovered -a hard man to interview. After doggedly trailing the Prime Minister, who could not find a break in his busy schedule, Ogle finally decided to camp on Whitlam's doorstep. He was rewarded one morning when Whitlam suddenly appeared and invited...

Author: /time Magazine | Title: A Letter From The Publisher, Mar. 26, 1973 | 3/26/1973 | See Source »

...Harvard's academic excellence, will offer a young man one of the most potentially rewarding experiences of his life." Bob Harrison, having left a successful program at Kenyon College to come to Harvard, was the main impetus behind the new experiment, which almost overnight brought national attention to the doorstep...

Author: NO WRITER ATTRIBUTED | Title: Letter to the Sports Editor: | 3/12/1973 | See Source »

Roads. Once part of a backward, undeveloped pocket of northeastern France, Strasbourg today has the Continent at its doorstep. Some 230 trains pass through the town daily, and there are 5,000 miles of quality roads in the immediate area, including German autobahns and Swiss autoroutes that put Frankfurt and Basel only two hours away. (Ironically, it is easier for an Alsatian to travel out of France than to his own capital: Paris is 200 miles and a five-hour drive away, on a treacherous, obsolete two-lane highway.) The handsome new Entzheim Airport, with runways big enough to handle...

Author: /time Magazine | Title: CITIES: The Europeanization of Strasbourg | 3/12/1973 | See Source »

...self-confessed lack of "stamina". This admission appears to serve as a convenient excuse for not delving into the detailed environmental, aesthetic, and technical aspects of the complex Storm King proposal. It also shelters the shallow thinking which assumes that problems which fall on the University's doorstep will disappear if they are simply ignored. The assumption is as dangerous as it is vacuous...

Author: NO WRITER ATTRIBUTED | Title: Bad Day For Black Rock | 2/6/1973 | See Source »

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