Word: hike
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...cold factories and homes, closed schools, massive unemployment, brownouts and all the rest." He gained more supporters three weeks ago, when gasoline dealers threatened a massive shutdown to underscore their demands for an immediate gasoline-price increase. Simon resolved the dispute by offering the dealers a 2?-per-gal. hike. Although that offer means higher prices for motorists, it was an assurance that gas would continue to flow. Dealer-Leader Victor Rasheed was so impressed that he is now touting Simon as a candidate for President...
Jake Jacobsen. As the agent of the modern-day dairy trust, Jacobsen was instrumental in its negotiations with the Nixon administration for a hike in the price of milk--negotiations that became smoother after the industry made a large donation to the re-election campaign. Like Geneen, he should be tried for bribery...
Alan Greenspan, a member of TIME'S Board of Economists and no foe of the oil companies, believes that the key reason has been price. At the end of December, he notes, the Organization of Petroleum Exporting Countries decreed a 130% hike in crude prices, sharply increasing the potential value of oil in the holds of tankers at sea. If the oil was unloaded in the U.S., it could be sold only at Government-controlled prices; if it was diverted to Europe or Japan, it could be sold for much more. "There is considerable evidence that there were fairly...
...first. On the same day, a new jump in second-class postal rates, which affect magazines and newspapers, will take effect. This increment is the first installment of a 40% rise to be spread over the next 28 months. It comes on top of a fiveyear, 145% rate hike begun in 1971. The new increase, being imposed on a compound basis, means that periodicals collectively will have to pay at least 242% more to use the mails in 1976 than they did in 1971.* Some predictions are even grimmer. Richard J. Barber Associates, Inc., an economic counseling firm in Washington...
...time they spend in the bowels of the British earth, working to supply the nation with critical fossil fuel. They are not paid for the time it takes them to travel up and down the mine shafts. The miners are demanding an average $20-a-week pay hike, but Heath is willing to give them no more than a $6-a-week raise...