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Disqualified Buyers. On top of all that, builders are being hit by rising prices of such items as copper pipe, aluminum windows, lumber and plywood and, in some areas, by shortages of construction labor. The resulting cost increases, as well as higher interest rates, will disqualify some prospective home buyers because FHA will require proportionately higher incomes to meet the higher monthly payments. Six months ago, Miami Builder Ken Laurence was selling a $12,500 model with a total monthly payment of $74, including taxes and insurance; last week, with the interest tab up ½% and maximum FHA terms sliced...

Author: /time Magazine | Title: Housing: A Three-Story Pinch | 4/22/1966 | See Source »

...merry swain, who laugh'd among the vales, And with your gay pipe made the mountains ring, Why leave your cot, your woods and thymy gales, And friends belov'd, for aught that wealth can bring...

Author: /time Magazine | Title: Books: Extricating Emily | 4/22/1966 | See Source »

...What finally boated the bomb was CURV (for Cable-Controlled Underwater Research Vehicle), weirdest of all of Guest's gadgets. On a 15-ft. pipe base not unlike the landing gear of a small helicopter, CURV mounts four long red ballast tubes for depth control, three electric propulsion motors, lights, sonar, film and TV cameras. Controlled from the surface, it can clamp a detachable claw onto objects up to 3 ft. wide, then back away leaving the claw and a buoyed line attached. Though it is normally used to retrieve spent torpedoes, Guest acted on a hunch and ordered...

Author: /time Magazine | Title: Armed Forces: La Bomba Recuperada! | 4/15/1966 | See Source »

...Participation by the Japanese in development of the western Siberian oilfields, which are expected to become Russia's biggest producers. The Russians will need 4,338 miles of 48-in. pipe to run from the fields to the port of Nakhodka, plus 500 miles of 28-in. pipe for branch lines, as well as other equipment. They would pay the Japanese for the pipe and equipment in oil, beginning in about 1975, when production would presumably rise above local needs...

Author: /time Magazine | Title: Siberia: Sharing the Wealth | 3/25/1966 | See Source »

Music fills the evening, and the instruments have such wondrous personalities that they sometimes threaten to upstage the cast. Among those played are the mbira, timbila, kalimba, guitar-lute, Lozi drums, tampura drone, bamboo pipe, Japanese koto zither, and double respiratory linguaphone. These vary in appearance from hollowed-out Halloween pumpkins to xylophones seemingly made of baby elephant tusks. The chief players, Andrew and Paul Tracey, are equally adept with bagpipes, clarinets, flutes and tubas. Of the three fetching girls, Dana Valery has a voice of expressive authority and distinctive beauty. She has the show's tenderest numbers, folk...

Author: /time Magazine | Title: Theater: Jumpin' Jo'burg | 3/18/1966 | See Source »

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