COMMODITIES: Coffee Jitters

All over the U.S. last week, restaurant owners who have long since increased the 5¢; cup of coffee to 10¢ were talking of raising the price to 15¢. Many were already charging a minimum of 25¢ or more for coffee served without food at the mid-morning break. Said Executive Vice President Ben Regan of Nationwide Food Service, Inc., which runs restaurants throughout the nation: "You don't make any money on coffee. It's just sort of an accommodation." With wholesale prices already up 20¢ a lb. since a year ago, retail prices were expected to rise as high as $1.20...

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