Word: pricing
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Dates: during 1960-1969
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...yellow and black 1937 Rolls-Royce Sedanca de Ville used by Goldfinger in the James Bond movie. Gibbons bought it when, after a fenderside chat, he asked the owner to start it up-and found it was already running. But last week bids failed to meet Gibbons' reserve price of $11,000, which leaves him with a problem. "You can't drive it in the daytime," he says. "It attracts too much attention...
...Patsy stands for Picture Animal Top Star of the Year (moviewise) and Performing Animal Television Star of the Year (televisionwise). Sponsor of the event is the American Humane Association, watchdog body that protects animals from cruel treatment on TV and movie sets. The judges are newspaper columnists, but neither Price Waterhouse nor a saliva tester authenticates the ballots. The master of ceremonies was a human TV personality, Woody Woodbury, who may go far if the past is any portent. The first M.C., back in 1951, was Ronald Reagan, whom fans will remember for his smooth presentation of the top Patsy...
...keep profits from vanishing altogether, any wage hike of the magnitude demanded by France's workers must be followed by a round of price increases. Higher price tags on French goods, together with a big increase in consumer income, would swell imports and cut exports at a time when the country has already run into balance of payments difficulties. The French payments surplus, which amounted to $286 million in 1966, dwindled to nothing last year; even before the crisis, France was expecting to run a slight deficit this year...
...major factor, housing's cost problem reaches far beyond wages. The $24 billion industry has been fettered for decades by myriad little, mostly local ties that bind it to old-fashioned methods and an archaic organization. Each strand of that web reinforces the others&$151;enormously inflating the price of the final product...
Recognizing that trend, President Johnson in February created a Cabinet Committee on Price Stability to delve into industries "which are a persistent source of inflationary pressure." Foremost among these was construction. The President acted after his Council of Economic Advisers warned that building costs were getting out of step with the economy "by a substantial margin." Construction wages have risen faster than those of other industrial workers, complained the CEA, "while improvement in practices and techniques has lagged seriously...