Word: millions
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Dates: during 1960-1969
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...latest figures on foreign trade have dispelled some of the gathering gloom. The Commerce Department reported that on a seasonally adjusted basis, exports exceeded imports by $282 million in September, triple the meager August surplus. The September bulge lifted the trade surplus for the first nine months of 1968 to $834 million. If the pace continues, predicted Assistant Commerce Secretary William H. Chartener, the U.S. should achieve a $1.5 billion surplus this year...
...current problem lies primarily in the growing U.S. appetite for foreign products. Total imports have climbed 22% this year, while exports have grown only 9%. About one-sixth, or $1 billion, of the import surge was caused by U.S. labor troubles. Copper imports, for example, doubled to $600 million during the first half of this year as a result of a 37-week miners' strike. The threat of an August steel strike brought a 59% jump in iron and steel imports. Most of the blame for increased imports, however, can be placed on the seemingly insaliable U.S. consumer, who continues...
...higher tariffs or import quotas on everything from shoes to glass, from steel to electronic components. Most such efforts have been rebuffed, but last month President Johnson signed a bill that more than tripled the import duty on various blends of woolens. Italy, which stands to lose $15 million in trade, is considering retaliation against U.S. exports. Other countries, of course, can be expected to do the same if tariffs on their exports to the U.S. are raised...
...dish of spinach. A 6½ oz. bottle costs 310, compared with 4 4/5? for the same size bottle of Coca-Cola. Sold either chilled in warm weather or warmed in cold, Vitasoy has captured 25% of the Hong Kong soft-drink market. This year an estimated 78 million bottles, second only to Coca-Cola's 100 million, will be sold from sidewalk stands, sampans and grocery stores for a total of $2,600,000. The drink's main drawback is that it tastes a good deal like liquid library paste...
...Apparently. The girls save around $250 a year in clothing. The bank has sharply reduced its teller turnover rate. Customers, too, seem to like finding a hostess at NBNA. Chairman Friedman gives the program major credit for pushing profits from $5,000,000 in 1964 to more than $12.5 million this year...