Masonry Magazine August 1970 Page. 27
Robust. Net did fall about 51½% from a year ago. Nevertheless, there were a lot fewer and smaller declines than projected. The reason: Industry cut costs by laying off unneeded labor as output fell. Analysts do not expect a big surge now, even though business will pick up. Layoffs won't go on at recent rates and sales gains won't zoom production.
AS THE HURRICANE SEASON APPROACHES, you can get U.S. flood insurance in a growing number of communities, to cover you against damage from water. Single-family homes can be insured for up to $17,500, at $4-$5 per $1,000. Small business also gets insurance on real and other property at low rates. Ask your private insurance agent to see if your town is getting a program for flood control, which makes it eligible for Federal insurance benefits. The program is being handled by the Dept. of Housing and Urban Development.
THE POST OFFICE DEPT. is trying to devise faster methods for moving important mail between cities on a priority basis, but at a premium price. The aim would be to assure guaranteed overnight delivery to business firms and any others willing to pay, say, perhaps $2 per piece for the service. Officials hope that some new form of service can be started within a year, to meet the increasing number of complaints from the nation's mail users.
NEW FARM LEGISLATION NOW PENDING is likely to give the Secretary of Agriculture important new authority next year. For one thing, he may get power to reduce the amount that would be loaned on such crops as wheat, feed grains, and cotton in order to encourage more competitive market pricing. For another, he may be given more control over the acreage involved under the "set-aside" plan, to let farmers adjust their plantings more flexibly.
Here is the current outlook for certain key commodities:
-Beef: Imports have been rising. Nixon may order cutbacks.
-Eggs: Voluntary cut-backs by producer groups may firm prices.
-Corn: Supply is tight. Worsening weather could zoom prices.
-Wheat: Harvests promise to top government estimates by 4%.
-Soybeans: Foreign quotas and output gains may stop the boom.
"DO-NOTHING" OR "DO-LITTLE" CHARGES WILL BE LEVELED at the Democrats in elections this fall by many of the Republican Congressional candidates. The GOP hopefuls will be following a line already laid out by the President in speeches accusing the opposition of inactivity on crime, housing, etc. (Before Nixon, Harry Truman used the technique to good advantage in 1948.) Democrats are aware of the GOP intentions, and they plan to be prepared. They are moving faster on key bills. And they are voting more than asked on such presently popular issues as pollution and education, to name a few.
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"May I ask WHERE you studied engineering?"
Drivers under 25 were invloved in much more than their share of auto accidents in 1969, according to a report from The Travelers Insurance Companies. One-fifth of all drivers are under 25, but the under-25 group was involved in one-third of last year's fatal accidents.
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