Word: costs
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Dates: during 1970-1979
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...various security devices that make it possible- has become a major growth industry. Automobile dealers sell armor-plated cars, mostly unobtrusive sedans, as fast as they arrive from the factory. Shops that specialize in converting existing cars into four-wheeled fortresses have a backlog of service orders (cost: $7,000 for a compact Fiat 127, $30,000 for a Rolls-Royce). Some 400 firms have assembled a private army of 20,000 security men and women who hire out as bodyguards to wealthy clients for $115 to $230 a day each. Even having a guard dog requires a major investment...
Rises on other imports are adding to the pressure: a Pentax camera that cost $285 late last year will soon be up to $330; in two months a Swiss Omega watch has jumped $100, to $495. Wholesale jewelry prices, pushed up by rising gold prices as the dollar has waned, were up 30% last month. In the Washington, D.C., area, half a gallon of Johnnie Walker Red Label Scotch is up $1, as is a fifth of Courvoisier cognac; wine importers have said that price increases are coming...
...miles of underused natural gas pipelines and construct 230 miles of new line to link Long Beach with Midland, Texas; from that point, the oil would head east through existing pipelines. The $500 million project could carry half a million barrels a day and would cost considerably less than tanker transport. The Government has strongly supported the idea for four years, but the project has bogged down while its backers await California permits...
...Board argues that pollution in the Los Angeles area is already higher than federal standards permit. Under the Federal Clean Air Act the board has ruled that Sohio can build only if the company pays for a tradeoff: it must locate an existing local industrial polluter and assume the cost for it to clean up its emissions even more than Sohio's oil will foul the air. The oil company has accepted the trade-off and is talking with Southern California Edison about spending some $100 million to buy the latest in expensive smokestack air scrubbers for the utility...
...best and brightest new chariots have power brakes and steering, automatic transmission, air conditioning, pushbutton everything, burnished walnut burl paneling, 18 layers of paint, bark-tanned glove-leather upholstery, gold-plated fixtures, eight-track stereo and, at extra cost, carpeting of ermine, mink or chinchilla...