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Stampede to the Stockpens. The loudest cries of pain last week came from the cattlemen. Nationwide, the on-the-hoof price for beef cattle of all grades has dropped about 30% since the post-Korea high last spring. A fortnight ago the Omaha cattle market saw its worst break in three years, as choice steers slipped to 23.4? a lb.; a year ago, such steers brought 34?. The basic reason for the cattle-price decline is that beef animals are in long supply; by Agriculture Department estimates, the nation's cattle population has grown some 20% in the past...

Author: /time Magazine | Title: National Affairs: Down on the Farm | 2/16/1953 | See Source »

...spite of Wall Street's bullishness, and the cheery figures behind it, there was more talk of impending recession last week than there had been in months. One of the loudest talkers was Elliott V. (for Valiance) Bell, editor & publisher of Business Week and former superintendent of banks in New York state. Bell, who was considered in line for Secretary of the Treasury if Dewey had won in 1948, took note of such things as tightening money rates, weakness in commodity prices, narrowing profit margins and the approaching peak in arms spending. Said he: "Whether the boom lasts...

Author: /time Magazine | Title: STATE OF BUSINESS: Picking Up? | 12/1/1952 | See Source »

...performances by some 1,200 actors, dancers and musicians on seven different stages. Noisily, they cheered the general in his sky-blue uniform, the parading troops, the flat-hatted cowboy who galloped up to the general and handed him a horn filled with red Chilean wine. Some of their loudest cheers were for Eleanor Roosevelt,* head of the U.S. delegation to the inauguration...

Author: /time Magazine | Title: CHILE: Back in Power | 11/17/1952 | See Source »

...have realized that the time has come to stop aid and permit them to stand on their own feet and trade with the U.S. The only way Europeans could do so was by a drastic revision of U.S. foreign trade and tariff policies. Many Republican businessmen were among the loudest plumpers for lower tariffs (see below...

Author: /time Magazine | Title: Business & Finance: The New Problems | 11/17/1952 | See Source »

...audience burst into the loudest applause heard in the U.N. for several years. Acheson's speech apparently served to bring the waverers over to the U.S. side on the war-prisoner issue; it was not designed to do more at this point. Delegates rushed forward to congratulate Secretary Acheson. Australia's External Affairs Minister Richard Casey cried out: "One of the greatest speeches I ever listened to." The Netherlands' Daniel von Balluseck echoed: "Splendid!" Said Andrei Vishinsky: "No comment...

Author: /time Magazine | Title: UNITED NATIONS: Speech to the Waverers | 11/3/1952 | See Source »

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