Word: mid-may
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...more than half what it was 50 years ago. Nonetheless, at New York's Mercantile Exchange last week some of the most sophisticated speculators in U.S. business were in a lather over the future of the potato and betting millions of dollars on what it will cost by mid-May. Seldom has the U.S. commodity market seen so wide and adamant a split between bulls and bears...
Branson announced that the HDC will produce three one-act farces under the collective title All Gall in mid-May. One of the plays, Georges Feydeau's Please Don't Walk Around in the Nude, was presented early in March, but so many persons were turned away that the Club decided to present it again. The other farces are Marivaux's The Legacy and Jaques Prevert's The United Family...
Already jobs are multiplying faster than they did early in the recovery from the 1958 recession. The Labor Department last week reported that between mid-April and mid-May, employment rose 1,044,000 and unemployment fell 194.000. Most of the new jobs simply reflect the normal spring surge in hirings. But five major industrial centers lost their unhappy rating as areas with substantial (6% or more) unemployment, leaving 96 on the list. And in April, for the first time in a year. U.S. factories hired more men than were laid off or quit...
...Laos. An uneasy cessation of actual shooting, it stirred in Washington an audible whew of relief. But it was relief without joy-for the cease-fire in Laos came as a cold war defeat for the U.S. A 14-nation peace conference, scheduled to convene in Geneva in mid-May, will doubtless declare Laos "neutral." But Western experts, with discouraging unanimity, agree that such a Laos-with a Communist sympathizer at the head of the government, with Communists in posts of governmental power, and with Communist troops already holding half the nation-will quickly go behind the Iron Curtain...
...time Khrushchev finally agreed to a cease-fire last week, the Communist troops controlled about half of Laos. Even after the British-Russian announcement of a cease-fire agreement, the rebels stayed on the offensive. When and if the Communists go to the Laos peace conference, scheduled for mid-May in Geneva, they will appear not as plaintiffs pleading their case but as military victors dictating their terms (see THE WORLD). The U.S. had been cozened into standing by until it was too late-and Khrushchev had made it look easy...