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How Serious Are Shortages?Awake!—1974 | November 22
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[Chart on page 18]
WHOLESALE PRICE INCREASES WITHIN THE UNITED STATES IN JUST ONE YEAR
COMMODITY MID-1973 MID-1974 INCREASE
Newsprint, ton $169.00 $205.00 21 percent
Steel scrap, ton 53.00 145.00 174 percent
Sulphuric acid, ton 31.00 41.00 32 percent
Tin, lb. 2.18 4.49 106 percent
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How Serious Are Shortages?Awake!—1974 | November 22
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Their prices have been rising significantly. Copper faces the same future, since Chile, Peru, Zambia and Zaïre supply most of the world’s exportable surplus. The same is true of tin, since about 70 percent of the exports come chiefly from Bolivia, Malaysia and Thailand.
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