Word: accessible
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Dates: during 1940-1949
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When the U. S. pulp markets lost access to Swedish and Finnish pulp, prices zoomed. Unbleached sultite rose from $40-42 a ton at the end of 1939 to $50 in 1940's first quarter, to $63-50-$67.50 last week. Although the 1,235,000 tons of chemical (sulfite and sulfate) pulp which the U. S. imported from the northern countries last year were only a quarter of U. S. domestic production, they played a disproportionately large part in fixing pulp's market price, because most domestic pulp is used by the same integrated paper mills that...
...Agreements ... in the event of the forced evacuation by the British Fleet of its home bases . . . not to permit the Germans access to American foodstuffs and supplies as long as they were fighting Britain...
...only is the Paris plan vulnerable to internal disorder, it is far from invulnerable to seizure from without. An invading general whose troops break through the ring of old forts and gain access to the boulevards has the same advantages that Haussmann's revolt-breakers were supposed to enjoy. And the old masonry buildings become bomb traps since the limestone of which they are constructed shatters easily, each splinter becoming itself a missile...
Like New York's World's Fair, San Francisco's Golden Gate International Exposition started this year with an apparently bad handicap: lack of access to such foreign art collections as last year's show (valued at $20,000,000) of Italian old masters. To make up for this loss, the Fine Arts Palace on Treasure Island added contemporary European, Mexican paintings; a collection, unique in the U. S., of South and Central American art assembled by Dr. Grace McCann Morley, director of the San Francisco Museum of Art. Also added was the most complete exhibit...
...Time lost in complying with SEC rules has increased market risks in issuance of new securities; legalistic requirements have increased the expense of flotations, particularly of small issues: access to the capital market is further complicated by vagueness of SEC rulings and indefiniteness of penalties...