Word: ibs
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...Bordley rounded out the Crimson scoring with a 6-6 draw in his 177-Ib. clash against Engineer Craig Dempsey...
...have still another trade route: air freight. Pan American's airfreight business via Kennedy Airport was up a third over last October. Prices of some air-freighted goods have risen to cover the added shipping costs: Bloomingdale's, the big Manhattan department store, has tacked 40? per Ib. onto the price of cheese flown in from Europe...
...Gulf Oil, the only known American participant, was represented through a Canadian subsidiary. The cartel existed only from 1972 to 1975, but it cashed in on a bonanza that would make an OPEC oil minister jealous: during those three years, world "yellowcake" prices zoomed from less than $6 per Ib. to about $42, where they have since remained...
...prices climbed, United Nuclear found that contracts it had signed with a now defunct Gulf subsidiary and with General Atomic to deliver more than 27 million Ibs. of uranium at set prices ranging from $9 to $14 per Ib. could be filled only at a huge loss. All the time, it now claims, officials of both Gulf and General Atomic, neither of which were formal cartel members, concealed their knowledge that Gulfs Canadian subsidiary was helping to drive prices up by participating in the cartel. United Nuclear now seeks not only to have the contracts voided but to collect damages...
...operations are being probed in other courtrooms too. In Richmond, Va., federal court, 15 of the nation's largest electric utilities are suing Westinghouse Electric, the nation's largest supplier of uranium to private industry. They seek to compel Westinghouse to honor contracts to deliver 65 million Ibs. of uranium at an average price of $10 per Ib. Doing so could cost Westinghouse as much as $2.6 billion. To avoid that loss, Westinghouse is using the same argument as United Nuclear, that it was victimized by the cartel. Meanwhile, Westinghouse has filed its own suit in Chicago against...