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...steel industry, in one small area east of Chicago, is busy building enough new capacity to produce 71 million tons from basic oxygen furnaces and 15 million tons of sheet by 1966. In this atmosphere, it appears that Wall Street has been listening less to the hammer and clank of vigor than to the voices of doubt...

Author: /time Magazine | Title: The Economy: Ready for Escalation | 7/30/1965 | See Source »

...rugged desert land, hopes had risen that the three-year-old civil war might finally be brought to an end. Noman shoved pro-Nasser President Abdullah Sallal into the background, kicked the military fanatics out of his Cabinet and surrounded himself with civilians. Then he sat down to hammer out a preliminary formula for peace...

Author: /time Magazine | Title: Yemen: A Preference for War | 7/16/1965 | See Source »

...IVORY HAMMER 2: THE YEAR AT SOTHEBY'S. 256 pages. Holt, Rinehart & Winston. $12.50. For art lovers who like to look at the price tags too, this book is just the ticket. The annual report of Sotheby's, Britain's venerable auction house, which has been a British institution for years, has graduated into a profusely illustrated volume worthy of deposit on any drawing-room table. Ivory Hammer 2 is the second annual report to be published in the U.S. It reprises the 1963-64 season, during which Sotheby's knocked down an unprecedented $37 million...

Author: /time Magazine | Title: Books: For Mind & Eye | 7/16/1965 | See Source »

...rate, they will leave in style. Last week Nauru's elected chieftain, Hammer deRoburt, finished hammering out a contract with its principal phosphate customers-Australia, New Zealand, Britain-that will assure the island's 500 families a kitty of $225 million by the time the phosphate runs out. Under the agreement, deRoburt, 42, more than trebled his people's royalties (to $1.50 a ton, retroactive to July 1, 1964) and extracted yet another price boost (to $1.97), effective next year. The Australian government, which administers the island as a U.N. trust territory, will hold most...

Author: /time Magazine | Title: The Pacific: A Tight Little Isle, With Life-Insured Style | 7/2/1965 | See Source »

...fatigue. "Both men were bushed," said Berry. McDivitt explained later that he and White were kept awake both by radio transmissions and both by the thumping of jet thrusters fired to correct the cabin's attitude. "Try to sleep with somebody slapping you on the foot with a hammer," he said. "You don't get much...

Author: /time Magazine | Title: Space: Toward the Moon | 6/18/1965 | See Source »

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