Cycle News - Archive Issues - 1970's

Cycle News 1971 10 05

Cycle News is a weekly magazine that covers all aspects of motorcycling including Supercross, Motocross and MotoGP as well as new motorcycles

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ell 1 ~ w Z W ..J o > u 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

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