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...lifted by record exports of farm products and more recently by sales of nonagricultural goods. Though the second quarter surplus was modest, the trade improvement should enhance chances for reform of the world money system at the International Monetary Fund meeting in Nairobi in September. U.S. officials predict further gains in the trade balance later this year as devaluation of the dollar makes U.S. exports more competitive in the world. The second quarter U.S. trade figures for the last three years...

Author: /time Magazine | Title: Business: Indicator of the Week | 8/6/1973 | See Source »

...report charges that the oil companies should have been able to predict increased demand and take steps to meet it. Instead, they "have attempted to increase profits by restricting output." Noting the number of major refinery expansions that have just been announced, the report brushes aside industry assertions that environmentalist complaints stalled refinery building. Said the FTC staff: "Now that governmental intervention has become a strong threat, these companies have suddenly overcome their environmental problems...

Author: /time Magazine | Title: GASOLINE: Back Come The Trustbusters | 7/23/1973 | See Source »

...pudding is being tested by the Freshman Union for General Mills, Inc., the cereal firm which supplied the samples. Through this poll, General Mills hopes to predict public response to its product if and when it becomes available on the open market...

Author: By Douglas Nygren, | Title: Union Evaluates Pudding in Survey; Rice-Raisin Mixture Shows Poorly | 7/13/1973 | See Source »

Administration officials bullishly predict that the food and feed prices will ease off by autumn because of 1) the export controls, and 2) an expected rise in this year's output of soybeans and other feed. Better late than never, the Administration this year freed up more land for planting. Only if the Government continues to expand domestic farm production will the nation be able to beat the high cost of eating-and help meet the needs of an increasingly hungry world...

Author: /time Magazine | Title: CONTROLS: A Threat of Food Shortage | 7/9/1973 | See Source »

...have blossomed with a bumper crop of stickers, buttons, posters and one-liners: FOUR MORE YEARS-AND TWO OFF FOR GOOD BEHAVIOR; FREE THE WATERGATE 500; NIXON BUGS ME. Even old 1968 campaign buttons reading "Nixon's the One" have been sported for possible misinterpretation. In California, wags predict that a well-known ice-cream company is about to introduce a new flavor called "impeach-mint." Midwesterners say that "even John Wayne has been implicated-they found hoof-prints outside the Watergate...

Author: /time Magazine | Title: Show Business: Watergate Wit | 6/25/1973 | See Source »

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