Word: hike
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...publicly relenting on the production front, they seem to be bidding for Western gratitude-and for the acceptance of an additional, even more astronomical, 130% price hike that was announced just before Christmas. And this is being done when evidence is mounting that at least some of the production cuts allegedly being restored existed only on paper...
...flow of oil money, the government has announced that its $16 billion budget for next year-the largest ever-would be balanced. Rumors that a 20% raise for civil servants might be in the budget, though, swiftly sent retail prices up 10%. The government promptly ordered out "anti-price-hike squads" to warn shopkeepers against inflationary gouging...
Motors and Chrysler announced price increases that will add $133 or more to the average retail price of 1974 cars. The biggest percentage increases will fall on hot-selling compact and subcompact models, though Ford's Mustang II compact is slated for no hike...
...blue who patrol Harvard Yard moved a step closer to the counterparts in the Square last week when the University Police Union signed for a 5.5 per cent pay hike...
...answer his own question. A 1971 increase in federal milk price supports, which added some $500 million to the annual income of dairy farmers, had absolutely no connection, as many have charged, with campaign contributions from their professional organizations, Nixon said. The real reason why he ordered the hike in price supports, the President insisted, is that the Democratic Congress was on the verge of legislating an even larger bonanza for milk producers than the one he approved. Said Nixon: "Congress put a gun to our head." He acted only to prevent that larger increase...