Word: premiums
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...Premium Prices. The U.S. has traditionally bought the biggest chunk of its sugar from Cuba, about 3,000,000 tons of raw sugar a year. This is more than half of Cuba's total exports and about one-third of U.S. needs. The rest is supplied by domestic beet-and cane-sugar producers (53%) and by 15 other nations under annual quotas. To all of them...
...strength in the South and was seeking none. (Coupled with a Washington endorsement of Negro sit-in strikes -"the American spirit is coming alive again"-this thoroughly sawed the limb off from under the few Southerners who had supported him.) In New Jersey, Kennedy again spent premium time polishing up Favorite Son Robert Meyner, who, as Governor, was already under stiff pressure by the Kennedy forces in his delegation; still, stubborn Bob Meyner refused to make any public endorsements. In California, Kennedy advance men helped fan reports that Governor Edmund ("Pat") Brown was now "leaning" Kennedyward, but Brown...
...AUTO-INSURANCE plan will be offered by State Farm Mutual subsidiary to drivers under age 25 and over age 65 at rates comparable to regular auto insurance, instead of at premium prices...
...morning air is blue with exhaust fumes and the imprecations of traffic-jammed motorists. A continuous ribbon of new and half-finished apartment houses, new factories, assembly plants and used-car lots flanks the 13-mile road be tween the airport and town. Hotel space is at such a premium that many a visiting industrialist is glad to find a cot in the bathroom of any rooming house. The new boom town: Algiers, a city once chiefly celebrated in romantic French novels for its hauntingly mysterious Casbah and flyspecked poverty...
Wall Street has been mesmerized by the growth stocks' promise of future earnings and it is willing to pay a premium to get them, especially since their capitalizations are often comparatively small. The blue chips, with a huge number of shares outstanding, are viewed as high priced for the future growth opportunities they offer. General Motors, for example, with 284 million shares outstanding, has to earn $284 million in order to make another dollar per share...