Word: likelies
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Dates: during 1950-1959
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...that time the big seasonal demand will have ended too. Even more important, the Treasury is planning a sharp reduction in its issues in the first half of 1960, may thus help to ease credit or at least prevent it from becoming tighter. The Federal Reserve would like to keep its present discount rate of 4% in effect even after a settlement, looks for interest rates to stay steady. Bankers do not expect a hike in the prime rate of 5% for some time, think that if it comes at all, it will be small...
Biggest seller among the high-priced toys is a $30, bright-eyed, 3-ft.-tall plastic doll built like a three-year-old girl. The Ideal Toy Corp.'s Patti Play Pal has surprised even its makers, who shipped 500,000 dolls, found her copied by at least six other makers selling their versions for as low as $7.99. The first big doll to really catch on, Patti owes her success to the industry's ability to make her light in weight (4¾Ibs.) and so lifelike that she can wear her owner's clothes. Other...
...child in the centrifuge stands for modern man in the society he has made. This is the metaphor at the core of this cruel, powerful picture from France, in which the New Wave of cinematic creation matches the high-water mark established by Black Orpheus (TIME, Nov. 16). Like that film, The 400 Blows (Les Quatre Cents Coups) is the work of an unknown: a 27-year-old cinema critic named Francois Truffaut, who made the film for only $110,000. Last May the picture won him the Cannes Film Festival's award for the year's best...
...ILLUSTRATED HISTORY OF Music, by Marc Pincherle (220 pp.; Reynal; $18), is a bold undertaking by a noted French musicologist: a history of Western music from early Christian chants to the present. Like any authoritative book that covers so vast a field, it seems perfunctory at times. But the basic information is there, and great taste has gone into the selection of 240 illustrations, ranging from a loth century B.C. harpist to Jazzman Sydney Bechet...
JEALOUSY, by Alain Robbe-Grillet (149 pp.; Grove; clothbound, $3.50; paperback, $1.75). The author admires cinema techniques, and his book would make an excellent art-house movie. But like his earlier work, The Voyeur (TIME, Oct. 13, 1958), it is also thoroughly irritating. A prosaic love triangle is established on a remote banana plantation-a planter (the book's nameless narrator), his wife and a neighboring plantation owner. If this were one of Paul Bowles's African novels of sin and sun, the weather would cloud up on cue, providing a timpani accompaniment to the heroine...