Word: wool
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Choreographer Herbert Ross yelled "Go, go!" and off she went-about 30 yds. along Manhattan's Pier 36, lurching like a sozzled sailor under the encumbrance of an ankle-length wool dress, high heels, a suitcase and makeup kit. It was one more rollicking day in the life of Barbra Streisand, movie star, and at that point the 25-year-old singer had staggered for an hour through the same one-minute scene in Funny Girl without getting it right. "My back hurts; my feet hurt!" yelled Streisand from her perch on a tugboat. "Now, now," consoled Producer...
...artificially high wool price that New Zealand maintains with its vast government price-support scheme is mostly to blame for the country's present plight. Last season the government wool commission, which protects domestic sheepmen, had to buy and store 650,000 bales, a third of the total output, at 47? per lb.-80 higher than the average open-market price for Argentine wool. Buyers from abroad were unwilling to pay the New Zealand price, which they considered outrageous...
...Parliament dared to call for the welfare state's demise, for such a proposal would be political suicide in New Zealand. But something had to be done to get wool sales going again. So, after weeks of deliberation, the wool commission decided to lower its protective floor price 8?, to a more realistic 39? per lb., for the coming year. It hopes that with a bit of luck, the state will have to buy little of the next crop...
...horse-trading went on almost until the moment of the signing. At one point, the delegates of the six-nation Common Market team excitedly telephoned the U.S. negotiators, sputtered that printed tariff rates on some items, mostly wool products, worth $250 million in annual trade, were not so sweet as those talked about over the bargaining table. A mistake? Not at all. The wool-product rate, the U.S. reminded them, was tied to the rate for raw wool -and the U.S. agreement to slash raw-wool tariffs was contingent on wool-producing Australia's agreement to lower its customs...
Another Nylon? To rebound, Du Pont still puts its faith in its prolific test tube. Among other promising ventures, it has recently developed a cheap but strong plastic heat exchanger, a line of nylon shutters and plastic vanity tops, and a compound called Zeset that keeps wool sweaters shrinkproof and enables felt hats to retain their shape and stiffness. For the future, Du Pont researchers envision such wonders as ski jackets that grow thicker and warmer when the temperature drops, curtains that change color or covering power when the sun hits, a fiber product that will remove salt or waste...