Word: costs
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Dates: during 1970-1979
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Equipment prices have soared. Jessie's $50,000 machines cost only $17,000 in 1971. Next year he plans to trade in three or four of his old combines on several new John Deeres with 30-ft.-wide cutting heads. Price tag: $60,000 each. The Smalls' present inventory of equipment is worth better than half a million dollars: seven combines, six $20,000 trucks for hauling the cut grain to the elevators, three service pickups loaded down with about $20,000 worth of spare parts (the Smalls do all their own repair work), three house trailers...
Danish Banker Thorkild Kristiansen and his wife Jette were amazed to find that food and gasoline cost half as much in the U.S. as back home. "If the dollar continues at its current level," says Kristiansen, "we'll be back next year. Only this time we'll bring our two children...
During the Wimbledon tennis matches, one of the most popular meeting places for the American players and their wives was a coin laundry just off trendy Carnaby Street. Americans balked at the high cost of sending their laundry out. One tourist, in fact, was arrested for trying to escape from a London laundry without paying his bill. He claimed that the cost of the washing exceeded the value of his clothes. The magistrate told him to check prices beforehand...
...After 17 weeks of talks, negotiators for the U.S. Postal Service and three postal unions announced tentative agreement on a new three-year contract. The two key compromises: the Postal Service abandoned its effort to abolish a contract's ban on layoffs; the unions accepted relatively moderate pay and cost-of-living increases of 19.5% stretched over three years. It was the only major union contract this year to be settled on such mild terms, and Administration officials hailed it as a victory over inflation...
...Thomas) Cullen Davis, 44, one of the richest men in Texas, listened without expression as the tapes of that conversation were played in court last week in Fort Worth, Texas. At his side sat Rich ard ("Racehorse") Haynes, chief of the defense team that has so far cost Davis $4 million in more than two years of legal proceedings arising from his pending divorce and the shooting of his estranged wife, her lover, her daughter and a guest. Testifying against Davis was his former employee, burly, baby-faced David McCrory, the man he had allegedly...