Word: ibs
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...performance to its lightness, its radical double-delta wing and its equally radical engines. The weight depends largely on lavish use of titanium, which is not much heavier than aluminum, but stands the searing heat of Mach3 flight. Titanium alloys sell for more than $5 per Ib. and are difficult to fabricate, but advanced airplanes are no respecters of cost...
...hurt pensioners, .civil servants and others on fixed incomes. Beer now costs almost as much in Munich as in Milwaukee-170 a pint. Italian housewives have to pay 290 apiece for oranges that cost them 210 last year, and the common varieties of pasta have risen from 90 a Ib. to 130. In Paris, where the price of steak is $1.22 a Ib. (for biftek, the lean cuts from the round, rump or tip), a cheap restaurant lunch runs to $1.50, and $4 lunches are common. The well-pressed Frenchman has to pay $70 to $100 for a suit...
Help for Housewives. Since meat is the biggest single item in the U.S. food bill (about 25? out of every dollar), one beneficiary of the current situation is the U.S. housewife. Retail beef prices slipped 2% to an average 81? per Ib. last year, and the dip is expected to continue for a while. But Government experts also reckon that the cattlemen's troubles are only temporary. The beef business historically runs in cycles; when prices hold low, cattlemen sooner or later have to thin their herds, marginal operators drop out-and prices begin to recover. Besides...
...made a fortnight ago for $10 million worth of British buses to bolster his transportation system. But Castro cannot pay for many such deals unless he can wheedle a further relaxation of the barter agreement under which Cuba sells its dwindling sugar crop to Russia at 6? a Ib. v. the world market price of 10? a Ib. And this might take some talking-since it would leave the Communists with even less than they already have to show for their...
...found time to be an athlete (rowing), amateur artist, rider and hunter. Since he moved up from president last April, he has spent most of his time "thinking, talking and listening about marketing and sales." Last week Litchfield raised hundreds of Alcoa products by 1? to 2? per Ib. to take advantage of a strengthening aluminum market. Competitors Reynolds Metals and Kaiser Aluminum quickly followed his lead-and then went one better by increasing basic aluminum prices by a penny, to 24? a Ib. Will the boost stick? That depends largely on whether Alcoa and Larry Litchfield decide to accept...