Word: costs
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Dates: during 1940-1949
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Purchase cards will go on sale this noon in all Houses, Chairman Donald L. Bornstein '50 of the National Student Association project announced last night. The cards cost $1 and entitle students to price reductions ranging from 10 to 25 percent at a group of over 20 local stores...
...Faced a wage cut because their pay is geared to the cost of living...
...Prices and the cost of living index were going down...
With a good sense of public relations, G.M. timed its action to coincide with company-wide wage reductions of 2? an hour under its escalator "cost-of-living" contract. (Wage rates are adjusted up or down quarterly, 1? for every 1.14 point change in the Bureau of Labor Statistics cost-of-living index.) Said G.M.'s President Charles E. Wilson: the markdown was intended to "pass along to consumers the savings resulting from both the downward adjustment of wage and salary payments and the lowered cost of certain material items...
...increased buying power for the franc. Some financiers thought that the announcement of South Africa's gold shipments might also be a factor in the decline. The franc's value in terms of dollars had also risen sharply in the black market. A month ago, $1 had cost 505 francs. Last week, it cost only 395 francs...