Word: cocoa
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Dates: during 1970-1979
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...blew all your pocket change on cocoa butter, jai-lai, and trans-Florida pizza runs, you'll have to settle for Cheap Trills, a violin, guitar, mandolin and bass quartet, hits the Winthrop JCR Saturday at 8:30 p.m. For $1.50 you can find out if Winthrop hits back...
...Consumer Price Index rose at an annual rate of 10%, the biggest monthly jump in a year and a half. No one expects that hectic pace to continue through the spring, but energy costs are certain to go on rising this year. Moreover, prices of a number of commodities-cocoa, cotton and most notably coffee-are climbing...
...many international transactions, are somewhat overstated since they are expressed in sterling and the pound has been sinking sharply in value. Even so, they are worrisome. Some examples: the sterling price of copper wire bars has jumped 83% above its 1975 low, zinc 44%, nickel 61%, tin 53%, cocoa 161%. In the U.S., soybean futures prices rose 13 cents, to $7.20 a bushel, last week on the strength of rumors of possible large sales to the Soviet Union and China. A recent Common Market economic report notes that the rise in spot commodity prices makes it unlikely that Europe...
Agreements of varying efficacy now exist to stabilize the prices of tin and coffee. Secretary General Corea and the Group of 77 want an "integrated program" to cover those commodities and eight others: cocoa, copper, cotton, hard fibers (like sisal), jute, rubber, sugar and tea. They will ask that a $3 billion fund be set up to accumulate stockpiles of each product. An independent group appointed by producers and consumers would be empowered to add to and sell from the stockpiles to keep world prices within a preagreed range...
...each limo drew up, one heard a brief, collective indrawing of breath as lungs dilated for the big squeal; generally it was followed by a disappointed exhalation, as the couple issuing from the Cadillac turned out to be unrecognizable. Lip gloss, hair spray, three-tone streaks, cocoa-butter tans, insecure Zapata mustaches and wine red crushed velvet tuxedos: the women looked like tennis club matrons and their escorts like croupiers. The teenies had come for Al Pacino, but he was in New York. Prodded by the eupeptic booming of the outside master of ceremonies, they stayed to squeal at Walter...