Word: wheated
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Moneymen are also cheered by a recent sharp plunge in some commodity prices. Wheat, for example, dropped from $6.11 per bushel in February to $3.62 last week, beef cattle from $46.25 per hundredweight to $38.90, and steel scrap from $115 per ton to $100. If these drops continue, economists believe, corporations will stop scrambling to borrow in order to stockpile raw materials. Indeed, they may sell off some of their present inventories and start repaying their loans...
Another spare-time kneader, the California Institute of Technology's director of publications Ed Hutchings Jr., 60, of Altadena, bakes loaves of "basic white" with bran or wheat germ each Saturday. "Kapow!" he says over the stove. "If you've got any frustrations, this is the way to get rid of them...
...OPEC VIEW. Jamshid Amuzegar, Iran's Minister of Interior, explained that the Persian Gulf countries have for years watched the prices of wheat and manufactured goods soar...
...widow Simone. With English country dancing and an intricate cavort around a Maypole, it is by no means all Nureyev's show. The familiar danseur noble, burning with erotic fervor, vanished. In his place was an impish rustic, playing cat's cradle, exploding from a stack of wheat bundles. At 36, Nureyev has acquired a new maturity; his dancing is less mannered. In solo work he seems eerily to be improvising-as if he were taking each leap for the first time. And he is trying out new roles: clown prince, for instance, rather than swan prince...
Spokane, in the wheat and lumber country of eastern Washington State, was named for an Indian tribe called "children of the sun." Until recently, however, the 100-year-old city was gradually falling under the shadow of urban blight. Now one of the few internationally sanctioned expositions held in the U.S. since the great New York World's Fair of 1939 has helped Spokane (pop. 180,000) become once again a sunny place for children- and their beguiled parents...