Word: ib
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Dates: during 1970-1979
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...Hamelin chasing the Pied Piper, investors last week continued rushing to put their paper money into hard goods. Gold scaled yet another peak on the London exchange: $397 per oz., almost double a year ago. Prices soared for platinum and silver, and even copper that was 81? per Ib. two months ago sold for $1.05 per Ib...
...winner is a dark horse: a turbocharged, fuel-injected, gasoline-burning entry from the University of Manitoba. It is not the most fuel-efficient entry, however. That title goes to the car from Mankato State University in Minnesota, which burned propane gas at a rate of 11.41 miles per Ib...
Food can be grown in the most hostile environments, Coca-Cola's technicians have discovered. In the deserts of Abu Dhabi, for instance, they are raising quantities of plump tomatoes, cucumbers and beans for 10? per Ib. The trick is to grow them under an inflatable plastic dome, which captures the air's available moisture instead of allowing it to evaporate under the searing sun. Also, J. Paul Austin explains, carbon dioxide is pumped in from diesel exhausts, and the gas promotes plant growth...
...wage for field hands from $3 to $3.30 an hour, and Democratic Senator Russell Long of Louisiana argues that the provision would require an even higher level of price supports for growers. With that in mind, Idaho Democratic Senator Frank Church is pushing for a rise to 17? per Ib. Frets one industry lobbyist in Washington: "All this agitation for more subsidy is going to kill the goose that laid the golden egg." If so, it is about time...
...other delicacy from the sea seems to excite American palates as much as Homarus americanus, more familiarly known as the lobster. Americans consumed some 50 million lbs. last year, and recent OPEC-style price increases in the retail cost of lobsters (up 145% per Ib. since 1969) have not curbed the U.S. appetite for the clawed crustaceans. By 1985 the National Marine Fisheries Service projects nearly a doubling of demand, to about 90 million lbs. But where will these lobsters come from...