Word: bales
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...asked. Replied Stalin: "No." Although no one knew exactly what the exchange meant, commodity prices, which have been slipping, suffered their worst single day's break in weeks; spot prices for grains fell as much as 2⅜% per bushel, cotton futures tumbled as much as $1.75 a bale. At week's end the average of all commodity futures was at its lowest since...
Face Saved. Next, Vissering went into direct competition with his rival, Jaccoponi. He set up his own stevedoring company. The nub was 25 resolute anti-Jaccoponi dockers, all of them fast men with a fist or a bale-hook. Under protection of Italian-not American-soldiers, they unloaded two ships. Restless rank & filers in the Red union, with nothing to do but 'watch, began nudging their leaders. Thereupon Jaccoponi, to save his face, put on his businessman's hat, made a deal with Vissering: Jaccoponi would set up a subsidiary to his monopoly to handle the U.S. Army...
...Nothing affects the market price of cotton more than the board's prediction. A speculator who had the figure even an hour in advance could make a killing in the market. For example, in October, when the board scaled down its original estimate of a record 17.2 million-bale crop to 16.9 million bales and then cut it to 15.8 million in November, many a farmer was howling mad. Those who had sold at low prices felt cheated by the new estimate, which immediately started cotton prices rising close to the ceiling. Last week's estimate...
...prize collections includes letters and account books kept by the Medici family during the fifteen hundreds. Written out half in Latin, half in early Italian, these records are filled with signs and symbols which can mean anything from a bale of cotton to a company insignia. One of the most rarely seen is a cross on the first page of a ledger, which means the account is honest...
...auction rooms of Melbourne, Australia last week, wool prices tumbled from $566 a bale to $466, the sharpest break in history. Reason: U.S. buyers had pulled out of the market in an attempt to force prices down. They were taking their cue from U.S. consumers at home, who were also staging something like a buyers' strike. Department-store sales for the week ended March 31 slumped 14% below the corresponding week last year (two weeks before Easter). Business inventories in February piled up to a record $65 billion...