Word: rising
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Dates: during 1940-1949
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Believe Cost Rise Temporary...
...news for dormitory residents does not end here. Despite recent dips in commodity and retail prices, University financial experts believe that there will be a substantial rise in the general price level by next year, a rise that will bloat maintenance costs and in other ways increase the expense of running the Houses and dormitories. With the College returning to a two-term schedule and summertime rents gone, the men who plan the College's financial future can see no alternative to raising room rents...
Cause. The reasons for the break were obvious. The swift rise in grain prices in the last year had been caused chiefly by 1) huge Government buying for export, and 2) fears of a poor U.S. grain crop this year. Now the Government has almost completed its buying. Furthermore, 1948 crop prospects have turned out to be good, both here and abroad, and they are getting better all the time. Australia and Argentina last month shipped two and a half times as much wheat as in the same period a year before. France expects to double her 1947 crops. Russia...
...more energy from oil (plus natural gas) than from coal. Per capita consumption was 608 gallons in 1947 v. 367 in 1938. In 1948, demand is estimated at over 6,000,000 barrels a day, some 700,000 barrels more than supply. Some of the factors in the astonishing rise...
Unmarried students will get a pay boost of $10, increasing their allowance to $75 a month. Men with wives receive a $15 hike, while one or more children warrant a rise...