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...Parisian chemise looks very old to me." Impoverished once by the midi superflop of 1970, other Yankee buyers announced plans to hike hemlines to more profitable altitudes or to use slinkier, clinging fabrics for the U.S. market. "People don't care about what Paris says," commented a liberated pro from one Chicago boutique. "It takes a while for things to filter down. Maybe by next fall it will make a difference-pants are what's selling...

Author: /time Magazine | Title: Modern Living: The Loose Look | 8/5/1974 | See Source »

...Premiums in California climbed by more than 400% between 1968 and 1970 and are likely to go up again this year. Insurance rates in Maryland have recently increased by 46.9%, and may soar another 48% if the state's major malpractice insurer is granted its request for a hike. Even in such states as New Hampshire and South Carolina, where patients seem less prone to bring suit against their doctors, costs of coverage have recently moved upward...

Author: /time Magazine | Title: Medicine: Suing the Doctor | 7/15/1974 | See Source »

Norton said that at the beginning of yesterday's session the union said it would accept a two-year contract with a 5.5 per cent wage increase in the first year and a 15 per cent hike in the second--a substantial decrease from the 21.5 per cent second year increase the union asked for at the last bargaining session last month...

Author: By Nicholas Lemann, | Title: Union Slashes Demands; More Talks on Monday | 7/12/1974 | See Source »

...increase in posted prices to offset the effects of inflation on the prices of the goods that they buy from the U.S., Europe and Japan. Iranian Finance Minister Jamshid Amuzegar, who has accused the Saudis of hypocritically calling for price reductions while actually raising prices, favored a slightly smaller hike, "to show the industrialized nations that we are serious when we say that they must keep inflation in check." Saudi Oil Minister Ahmed Zaki Yamani reportedly threatened to force prices down by dumping millions of barrels of cut-price petroleum on the market. In order to keep the cartel together...

Author: /time Magazine | Title: OIL: Saudi Holding Action | 7/1/1974 | See Source »

...told them that he was "very grateful" for their support. The following day, the President instructed the Agriculture Department to raise support levels. But before the decision was announced, Kalmbach met with milk-cooperative executives to confirm the link between the pledge of $2 million and the price hike...

Author: /time Magazine | Title: The Nation: The High Price of Higher Milk Prices | 6/10/1974 | See Source »

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