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PENN-TEXAS CORP. will slice its sales volume almost 50% by shucking subsidiaries to raise cash for its bills. Penn-Texas sold Hallicrafters Co. (which brought in $30 million yearly in sales) and Industrial Brownhoist Corp. (sales: $14 million). Now Penn-Texas' President Leopold Silberstein is dickering to sell its 51% interest in Tex-Penn Oil & Gas Corp., Liberty Aircraft Products Co. and Quick-Way Truck Shovel...

Author: /time Magazine | Title: Time Clock, Dec. 23, 1957 | 12/23/1957 | See Source »

...tapestry-lined Hall of Hercules in Munich's bomb-battered Residenz palace was packed, and the exquisite prospect of journalistic mayhem was in the air. Grim critics, with knives sharpened and hatchets drawn, were on hand to slice up youthful (31) Karl Richter, regarded by loyal fans as the greatest musical talent of his generation in Germany. Organist-Harpsichordist-Conductor Richter had committed a double crime: irreverence for the mighty Bach and the almighty critics...

Author: /time Magazine | Title: Music: Bach: Wunderbar | 12/9/1957 | See Source »

...Farrar, Straus & Cudahy; $3.75), is a novel with a curiously old fashioned, even Gothic air. An old, wealthy brewer is slowly dying of heart disease in a provincial Belgian town. Around him hovers a cluster of relatives who live for nothing more than the huge fortune they hope to slice. Only one person cares nothing for his money-an illegitimate daughter whom he has acknowledged, taken into his home and educated. Anything but original as a plot-but Author Françoise Mallet-Joris, still only 27, has already proved (The Red Room, TIME, July 16, 1956) that...

Author: /time Magazine | Title: Books: Mixed Fiction, Nov. 18, 1957 | 11/18/1957 | See Source »

FEED-GRAIN CROP will grow to new high this year, slice pork prices next summer. Because of favorable weather and 47-million-ton carryover from surplus in earlier years, output of feed corn, oats, barley and grain sorghums will rise 6% to 213 million tons...

Author: /time Magazine | Title: Time Clock, Nov. 11, 1957 | 11/11/1957 | See Source »

...chew a slice...

Author: By John D. Leonard, | Title: The Joker's Motley Garb | 11/7/1957 | See Source »

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