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...Bureau of Labor Statistics reported that the consumer price index went up 0.2% during February to a new inflation high of 122.5 (vindex of 100 in 1947-49). Sharpest rise in the recession month's inflation was the advance of 0.4% in food prices, caused mostly by fresh fruit and vegetable shortages after the harsh winter freeze in Florida and the Deep South. Food prices are not likely to head downward, said the Bureau of Labor Statistics, until spring-grown fruits and vegetables reach the market in May or June...

Author: /time Magazine | Title: COST OF LIVING: Recession's Inflation | 3/31/1958 | See Source »

...Polo & Fruit Trees. The typical U.S. highway invasion begins with rumor. After engineers agree on where the road will go, rumor is confirmed by the appearance of a smiling but noncommittal appraiser, who scrutinizes each parcel of property along the right of way and then disappears. Next comes the negotiator, who operates shrewdly and by a well-tested procedure...

Author: /time Magazine | Title: HIGHWAYS: The Great Uprooting | 3/24/1958 | See Source »

...much-mourned casualty of inflation, the 5? cup of coffee, made a comeback in Los Angeles restaurants. The Bureau of Labor Statistics announced that its consumer price index crept upward again in January, but the increase was largely the result of Florida's disastrous winter, which sharply upped fruit and vegetable prices. And the index only faintly reflected the discounts, trade-in allowances and bargain sales that have lately been trimming actual prices to consumers...

Author: /time Magazine | Title: THE ECONOMY: Silver Threads Among the Grey | 3/10/1958 | See Source »

...becoming a rogues' gallery. Among those who have made the squad: ¶Edik Streltsov, crack center forward on the Moscow Torpedo soccer team, ignored repeated warnings and became a drunk. "When Streltsov was in the hospital," reported East Berlin's Junge Welt, "his mother brought him not fruit or books, but vodka. The doctors objected, naturally, but the mother advised her son to secrete the bottle by suspending it from the window by a string. Neither did she make do with one bottle. She brought two." Streltsov was finally picked up by the police. His comrades voted...

Author: /time Magazine | Title: Sport: Rogues' Gallery | 3/10/1958 | See Source »

Prison at Joliet, Ill. He had finished his breakfast of stewed fruit, hot cereal, a cinnamon roll and coffee, taken the first of his three daily insulin shots, worked for more than an hour at his job of clerk in the prison's master mechanic's office. Now a paunchy, balding diabetic of 53. he walked with Kidnaper Roger ("The Terrible") Touhy to the office of Warden Joseph Ragen. Said Ragen to Prisoner 9306-D : "Leopold, you and Touhy have been granted paroles." Breathed Nathan Leopold, the nation's most publicized convict: "Thank the Lord...

Author: /time Magazine | Title: CRIME: Freedom for Superman | 3/3/1958 | See Source »

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