Word: costs
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Dates: during 1970-1979
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...asking Americans to set the thermostat at 65°, the temperature at 1908 East 14th Avenue in Spokane, Wash., had been held near 40°-not to save energy but to save money. 1908 East 14th is a drab four-room frame house in a blue-collar neighborhood. It cost $4,000 eight years ago, but at the time, as the present tenant explains, "they were having some trouble keeping the paint on it. Great strips would peel off. They were flopping all over the place...
...demonstrate that they will stick to a tight-money policy as long as may be necessary to reduce inflation, which could be several years. Meanwhile, higher interest?New York's Citibank led the parade last week by increasing its prime rate to a numbing 10.75%?will raise the cost of borrowing by businessmen to build factories or buy machinery and by consumers to finance new homes, cars or college educations...
...Iran Air grounded all 162 daily flights of the country's flag airline; more serious was a strike by 37,000 workers at Iran's nationalized oil refineries, which initially reduced production from 6 million bbl. per day to about 1.5 million bbl. That strike not only cost the government about $60 million a day in oil revenues, but also suddenly raised the specter of petroleum shortages in Japan, Israel, Western Europe and, to a much lesser degree, in the U.S.; all these countries depend in part on Iranian crude...
...heard all about Larry Brown and his game against us last year. We think it would be wise if you informed him that we play on astroturf at Penn, which, if he plays on Saturday, will undoubtedly ruin his knees and cost him a lucrative baseball career...
However the cost could continue to rise. Due to the victory the beer will continue to flow for some time in Campbell's H-entry suite. As roommate Kevin Noughton said last week, "This is only the tip of the iceberg of the political career of David B. Campbell...