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The Met's seasonal curtain raiser was its first production in 36 years of Tchaikovsky's faded period piece, Eugene Onegin. At the end of the second act, the character known as Lenski sings one of the most meltingly popular tenor arias in Russian opera ("Oh where have...

Author: /time Magazine | Title: Music: Dazzling Don | 11/11/1957 | See Source »

The Federal Reserve Board reported that, in September's last week business loans fell by $203 million. In the key New York area, loans last week also bucked the usual seasonal uptrend, declining by $15 million; in the same week last year, they rose by $89 million. For the...

Author: /time Magazine | Title: STATE OF BUSINESS: Looser Money | 10/14/1957 | See Source »

Top Investment. As its answer to question 3, the fund ended fiscal 1957 with a currency-supporting record that topped the entire previous total of business in its ten-year career. To halt a run on sterling in the Suez crisis, the fund gave the United Kingdom a dollar loan...

Author: /time Magazine | Title: WORLD TRADE: Hold That Line | 10/7/1957 | See Source »

Actually, most signs last week indicated that the creep, far from increasing to a gallop, was slowing to a stop. Sales of fixed-income bond issues are booming. The commodity market, classic escape for capital in inflationary periods, is in the doldrums. Washington officials see a chance that the September...

Author: /time Magazine | Title: CREEPING INFLATION: CREEPING INFLATION | 10/7/1957 | See Source »

Despite these portents, businessmen will not be certain of a bigger-than-seasonal fourth-quarter pickup unless there is also a sharp rise in new orders to whittle down fat inventories. Inventories are now about $4 billion higher than at the same time last year; manufacturers, who added $250 million...

Author: /time Magazine | Title: STATE OF BUSINESS: Autumn Upturn | 9/16/1957 | See Source »

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