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...short of new labor because the freeze would prevent them from raising wages to attract workers from declining or stagnant industries. Oil-using industries, facing rising prices abroad, would have to pay more for oil. Are they to go broke? Or again, suppose there is a poor world harvest, so that at current prices there is an excess demand for grain. How is this grain to be allocated if not by price? Another administrative machinery...

Author: NO WRITER ATTRIBUTED | Title: Dangerously Naive' | 4/1/1980 | See Source »

...want something a little more formal, consider Ferdinand's, the Blue Parrot, the Harvest, or the Hyatt...

Author: By Laurence S. Grafstein, | Title: While You're in Cambridge... | 3/20/1980 | See Source »

...life." He added that he was particularly impressed with the progress in Phnom Penh. "The last time I visited Cambodia it was empty--now there are 200,000 people over there. Short warned, however, that rapidly dwindling supplies of grain may hurt the country from April until the annual harvest next December...

Author: NO WRITER ATTRIBUTED | Title: Oxfam America Relief Workers See Improvement in Cambodia | 3/13/1980 | See Source »

...order submitted in January to Miami's Bond Plumbing Supply Inc. seemed fit for King Louis XIV: a custom-made sunken bathtub, a sink with 24-karat gold-plated faucets, pastel blue toi lets, a "harvest gold" bidet with chrome-plated trim, even a portable Jacuzzi. But when Carol Cherrey, office manager and taxpayer, saw the name on the $8,934 or der, she said she "blew my stack." The deluxe fixtures were ostensibly ordered for a vocational instruction class at MacArthur South High School. Yet MacArthur, a school for 235 troubled youths, had no plumbing class...

Author: /time Magazine | Title: Nation: Royal Flush | 3/10/1980 | See Source »

...example, that an Iowa farmer expects to harvest 50,000 bu. of corn in six months' time. By checking with his broker, he finds that the six-month future price of corn is $2.75 per bu. The farmer calculates that $2.75 per bu. for his crop would be a fair price, so he guarantees that he will get it by "hedging," or agreeing in advance to sell a contract for 50,000 bu. at that price in the futures market. This protects him against a drop in grain prices...

Author: /time Magazine | Title: Nation: Playing with the Futures | 1/21/1980 | See Source »

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