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...industrial level, the pressure of price rises is, if anything, even greater. There have been recent price increases for copper, brass, tin, 20% of all steel products, and such basic industrial chemicals as sulphuric acid and alum. A 5% price hike by a major maker of machine tools is expected to be followed by others. Textiles are more expensive than a few months ago, and so are electric tape and heating oil. Last week three more producers increased the price of containers-historically a leading indicator of general price movements...

Author: /time Magazine | Title: The Economy: A Question of Stability | 9/3/1965 | See Source »

...billion−more than the entire industry's capital expenditures last year−to expand and modernize its facilities. Priority will be given to plants that will produce such products as flat-rolled sheet steel−used in great quantity by Detroit's automakers−and tin plate, highly profitable items that now account for too little a share of U.S. Steel's current production...

Author: /time Magazine | Title: Steel: Capital Ideas | 8/27/1965 | See Source »

...threat of it normally booms the prices of commodities-the raw materials of tomorrow's meals and manufactures. Last week, however, the world prices of such "soft" commodities as coffee, wool and sugar fell, and prices of such "hard" military sinews as copper, tin and lead barely responded to Lyndon Johnson's decision to increase the U.S. commitment in Viet...

Author: /time Magazine | Title: World Trade: Trouble on the Plantations | 8/6/1965 | See Source »

Horde of Locusts. Kontum is not waiting idly. Each night the garrison's 105-mm. howitzers pound the surrounding hills, shellbursts alternating with flares dropped by patrolling C-123s, which illuminate the jungle fronds. When guerrillas probe the perimeter wire, alarm gongs bang, trumpets sound and tin cans tied to the endless concentric coils of barbed wire rattle. By day life goes on. In the French seminary, 50 sandal-clad Vietnamese and French priests keep to their prayer schedules. Sixteen American Protestant scholars continue compiling alphabets and grammars for some 48 Montagnard tribal languages...

Author: /time Magazine | Title: South Viet Nam: Battle for the Hills | 7/30/1965 | See Source »

Died. Ted Snyder, 84, Tin Pan Alleyman, sometime collaborator with Irving Berlin, and composer of Who's Sorry Now? and Sheik of Araby (which he wrote for Rudolph Valentino); charter member with Victor Herbert and John Philip Sousa in 1914, of ASCAP; of heart disease; in Encino, Calif...

Author: /time Magazine | Title: Milestones: Jul. 30, 1965 | 7/30/1965 | See Source »

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