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...tribute from its New World colonies, and probably $1 billion of that was hijacked by pirates on the high seas or sank beneath the waves during storms. These lost riches still haunt the imagination, and to addicts no space-age adventure is as exciting as the search for sunken treasure. Exciting and occasionally profitable. An engrossing sampling of one briny trove, the salvage of an armada wrecked in the 18th century off Florida, was put up for auction last week in Manhattan's Parke-Bernet Galleries (see color). The loot brought some...

Author: /time Magazine | Title: Exhibitions: A Trove Come True | 2/10/1967 | See Source »

...Manhattan's modestly housed Commodity Exchange, some 60 brokers pressed around the mahogany rail circling a sunken trading pit as a bell rang promptly at 9:50 a.m. "March," intoned the exchange's trading superintendent, Patrick J. White, from his elevated perch at the edge of the ring. "Ninety," shouted Herbert Coyne of the commodity firm of Rayner & Stonington Inc. "Sold," cried Robert Marcus of Imperial Commodities Corp. A beige-jacketed clerk chalked the figure on a blackboard...

Author: /time Magazine | Title: Commodities: Quotations in Quicksilver | 1/27/1967 | See Source »

Casting Shibboleths Aside. As recently as 1951, East Germany, drained by postwar Russian reparations, had only one ship in its merchant marine. Then, in the early '50s, it produced a few of its own ships, purchased some from the Russians, raised and repaired sunken vessels, even bought the Swedish American Line's Stockholm after she rammed and sank the Andrea Doria in 1956. Many of the VEB's early routes were propaganda-oriented, and often East German ships returned home ideologically full but physically empty. Not until 1962 did the company turn all that enterprise toward pure...

Author: /time Magazine | Title: East Germany: On the Ways | 1/13/1967 | See Source »

...pale, sunken shadow of his once robust self, Ruby continued to look back on the assassination even in his final illness. Though his claim has already been corroborated by two lie-detector tests, he wants to take another test, says his brother Earl, "so that people will be convinced that there was no plan on his part, or conspiracy of any kind," to kill Oswald. "There is nothing to hide," Ruby said last week. "There was no one else...

Author: /time Magazine | Title: Sequels: A Last Wish | 12/30/1966 | See Source »

...Texas offered L.B.J., who says that after he leaves the presidency "there is no place I'd rather be than on the campus," was the deanship of a new school of public service to be located in the ancillary building. The lid also contains studies that ring a sunken patio; scholars will descend into the bookstack from above while the public climbs up from below to see the showcases chronicling the Johnsonian...

Author: /time Magazine | Title: Architecture: The Ten-Gallon Stack | 12/9/1966 | See Source »

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