Word: tobacco
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...that were not enough, the company expects the just-negotiated Kennedy Round tariff cuts to squeeze its earnings further. Many U.S. chemicals have long been protected by unusually high import duties, and in order to win European agreement for freer trade in such fields as farm produce, tobacco and aluminum, U.S. negotiators agreed to hefty reductions in chemical levies. With those blows, plus a 30% loss in earnings after the Government forced the company to disgorge its 63 million-share holding of General Motors, the price of Du Pont stock has fallen almost 50% from its 1964 high...
...test appears successful enough for India's new Health Minister, Dr. Sripati Chandrasekhar, who holds a Ph.D. in demography from New York University, to try out the scheme on a nationwide basis in September. The Health Ministry is negotiating with such large firms as Lipton, Imperial Tobacco, Hindustan Lever, Union Carbide, and Tata Oil Mills Co. to handle distribution. The companies do not expect enormous profits from the birth control sideline, but they see it as a useful demonstration of cooperation between government and private enterprise. By enlisting the companies, New Delhi will have up to a million retail...
...effects have been far-reaching. Crops were hit hard, from the fragile, cheesecloth-shaded tobacco leaves in the Northeast to the whole cornucopia of California fruits, particularly pears, apples, tomatoes and citrus. In Los Angeles, the rains brought unusually lush vegetation to the hills, posing a serious fire hazard for late summer, when the greenery bakes tinder...
...bushel above the existing floor, but only about 2? above today's actual market price. In a move that will help U.S. farmers, the Common Market cut its tariffs by an average 25% on such produce as canned fruits and vegetables, juices, hops, nuts, raisins and tobacco...
...their American selling price, which results in tariffs as high as 172%. If Congress does so, the Common Market and Austria agreed to trim the carefully contrived taxes which help to keep large-horsepower U.S. autos out of Europe, and Britain promised to ease its Commonwealth preference on tobacco imports...