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SANTA ANA, CAL., Sept. 17,1971 - Shown is the new showroom and service facility of Bob
Maynard's Orange County Cycle, scheduled to open this week. Located one mile north of the old
location on Harbor Boulevard, the new Orange County Cycle offers the larges selection of
Yamaha parts in the county plus complete parts stock for Penton, Husky, Maico and Norton.
Orange County Cycle's new address is 13666 Harbor Boulevard, Garden Grove.
COST OF LIVING COUNCIL
Policy Statement 22
IMPORTS
Fluctuations
in
international
exchange rates: As previously ruled,
an import price increase due to a
change in. the world market price
may be passed on so long as the
product
is
neither physicaDy
transformed by the seDer nor
incorporated as·a component of
another product.
An import price increase due to
appreciation in the value of a
foreign currency in relation to the
doDar is treated in exactly the same
way as an increase arising from
chan~s in world market prices.
These provisions apply only to
import transactions that took place
after August 15. They do not apply
to goods in inventory on that date.
Sellers of imported goods who
pass on price increases to their
customers must maintain adequate
records to document the increases
and must, on request, provide this
information to buyers.
Note: Changes in prices arising
from appreciation in the value of a
foreign currency in relation to the
dollar and changes instituted by
foreign
suppliers
are
treated
differently from the supplemental
duty (the import surcharge) in two
respects:
(a) The surcharge may be passed
on to the final customer even when
the import is transformed or
incorporated into another product.
(b) Sellers who pass on the
surcharge must show the amount of
the surcharge on the sales ticket or
invoice, with the c