Word: pricesâ
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...trip from Shea Stadium to Manhattan, which normally costs about $10. Cold cans of beer and soda went for $3 in Forest Hills, Queens. An ice-cream vendor in Greenwich Village did a brisk business. As the temperature in his refrigerated case dropped, so did his prices???until he finally gave away free but slightly soggy cones...
...said. "And it would be just turning down the whole damn Middle America. Uh, where, uh, we, uh, where we, uh, need support. And under the circumstances, I think the best thing to do is just, uh, relax and enjoy it." Minutes later Nixon said he would boost support prices???without saying just how high...
Diplomatic discretion has meshed wonderfully well with the country's ecumenical trading patterns. Each day Japan exports $44 million worth of goods?one-third to Asia, one-third to the U.S., and one-third to the rest of the world. Few nations can match Japan's prices???not because of cheap labor, which is no longer all that cheap, but because of efficient production and shipping techniques. Incredibly, the Japanese can deliver finished pipeline to Alaska at a total cost that is less than the freight charges alone from Pittsburgh's steel mills. Small wonder that since 1955 Japan...
...manufacturers to join him in the American Tobacco Co., which became known as "the Tobacco Trust." "I don't intend to be swallowed by Duke," said Reynolds. "If he does, he'll have a bellyache the rest of his life." But Duke did swallow Reynolds by undercutting its plug prices???and Duke soon had his bellyache...
Doing Too Much? To reduce demand ?and hold down prices???Rab Butler has twice tightened up on British credit facilities (TIME, Aug. 29). So far all his maneuverings have met with little success. "We are trying to do too many things at once," said Prime Minister Eden last week. "Better roads, modernized railroads, more houses, new power stations to develop nuclear power . . . maintaining our armed forces for service on many continents . . . equipping them with modern weapons?there is nothing to criticize in any of these aims, but they cannot all be met at once. Some must be restrained...