Word: ibs
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...temporary further bulge in living costs following the end of controls. The beginning of that bulge appeared quickly. Last week, U.S. Steel kicked up prices an average of 5.7% on its entire product line. Anaconda, Kennecott and Phelps Dodge jacked up copper prices by 18%, to 800 per Ib. Chrysler added an average of almost 3% to the price of all its cars and trucks, and Westinghouse raised the price of its light bulbs by 10%. Hedonists will be hurt: the newsstand price of Playboy will go up 25%, to $ 1.25 a copy. The annual "membership fee" charged to holders...
...every 40-lb. box of bananas leaving Latin America, 50 times the present 20 tax paid by major exporters. In the U.S., which is the world's top banana in imports of the yellow fruit, the tax boost could raise retail prices from the present 16%0 per Ib. to as much as 190. The International Longshoremen's and Warehousemen's Union has threatened to boycott such Latin American imports as bananas, sugar and coffee if the tax is imposed...
...banana republics claim that they need extra revenue partly to pay the higher oil prices posted by the petroleum cartel. The export price of bananas has remained flat for two decades at about 80 per Ib., while retail prices have climbed steadily, mostly to the benefit of three U.S.-owned companies that grow, ship and market the fruit: United Brands, Del Monte and Standard Fruit & Steamship. Acting singly, the growing countries could not get a bigger slice of the banana pie. Unlike petroleum, bananas cannot be stockpiled; in fact, they must be eaten within twelve days of being picked...
...quickly the alcohol takes effect depends on many factors. One person may be bombed after a glass, while another stays relatively sober after several. Because alcohol is diluted in the blood, a 200-Ib. man can usually tolerate more liquor than a 110-lb. woman. Food also retards absorption of alcohol from the gastrointestinal tract, and a few ounces taken with a meal are less powerful than an equal amount downed an hour before. By the same token, some drinks with food in them-eggnogs made with eggs, milk and cream, for example-have slightly less wallop than straight drinks...
...Last summer Cleveland Coin Dealer Alan Yale, an ex-stockbroker, bought Mexican gold 50-peso pieces for $173 each; today they are selling for $241 each. Even collectors of the cheapest U.S. coin may soon be able to turn a profit. If the price of copper reaches $1.51 per Ib. (it is now more than $1.43), the metal in pennies will be worth more than the coins themselves...