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Picking up their morning newspapers, most U. S. citizens read the front-page news about the war in the Far East or Roosevelt's doings in the White House, but dyed-in-the-wool sport fans turned to a story about Jim Lightbody of Chicago winning three track events at the Olympic Games-one of them setting a new Olympic record for the 1,500-metre run. That...

Author: /time Magazine | Title: Sport: Lightbodies | 3/7/1938 | See Source »

...same procedure, but instead of buying stocks and bonds, it buys actual commodities or commodity future contracts. On December 31, 35% of its portfolio was in the warehouse, 65% in futures. It had future contracts to buy or sell in cocoa, copper, corn, cotton, hides, oats, rubber, sugar, wheat, wool and pepper. In the warehouse it held cocoa (179,482 lb.), lead (659,836 lb.), pepper (785,600 lb.), rubber (67,036 lb.), sugar (1,344,000 lb.), wool (51,751 lb.) and zinc (120,046 lb.). An investor who held 2% of Commodity Corp.'s outstanding shares...

Author: /time Magazine | Title: Business: Animal, Vegetable, Mineral | 2/21/1938 | See Source »

...Boston Traveler appeared an ad: All wool navy ski pants, three dollars and forty cents per leg. Seats free...

Author: /time Magazine | Title: Miscellany, Feb. 21, 1938 | 2/21/1938 | See Source »

...keynote speech at the Republican National Convention of 1936 on the "Three Long Years" of the New Deal. Since then Fred Steiwer has been notable chiefly as one of the 16 Republicans in the Senate. Even in Oregon, the memory of his patient services in boosting tariffs on lumber, wool, and fruit and his reputation as The Veterans' Friend have been dimmed by more spectacular political personalities to the point where Fred Steiwer's chances for re-election this year were doubtful indeed. Lately his colleagues understood that the only thing that kept him from resigning to return...

Author: /time Magazine | Title: National Affairs: One Long Year | 2/7/1938 | See Source »

...made last week's record dive was designed by himself, with the aid of Captain John Craig, a writer, lecturer and explorer who had invented a successful undersea camera. The suit is of rubber and weighs, with helmet, shoes and weights, 200 Ib. An underdress of heavy fleece wool and waterproof canvas is worn inside, the rubber canvas trousers, with pockets, outside. The helmet is cylindrical, has a glass window ⅜ in. thick all the way around, so that the diver has as wide an angle of vision as he can turn his head...

Author: /time Magazine | Title: Science: Deepest Dive | 12/13/1937 | See Source »

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