Word: bales
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...paid in gold or its equivalent (TIME, Jan. 21). Domestic markets slumped ominously. Led by Homestake Mining (gold), which dropped $30 per share to $340, the stockmarket sold down steeply. Wheat touched the lowest level in nearly three months (95? per bu.) and cotton sloughed off $1 per bale...
...bale of congratulations!" was what Postmaster General Farley sent Democrat Edward Raymond Burke three weeks ago when that New Dealer snatched Nebraska's senatorial nomination from old-time Democrat Charles W. Bryan...
Furthermore, rising prices for domestic cotton have weakened its competitive position against wool and silk. Wool and cotton prices are in approximately the normal relationship of the past 20 years but to raw cotton prices must be added the $21-per-bale processing tax, giving wool a vast advantage. Silk prices are only one-fifth of their 20-year average; cotton prices (exclusive of processing tax) are above. These facts may be a mystery to the U. S. housewife, but her resentment at rising prices for cotton goods is no mystery at all. Despite "cotton weeks'' and other...
Finally, 14? cotton is money in the bank for planters east of the Mississippi-and Atlanta is the one Federal Reserve Capital which continued, last week, to report mounting New Deal prosperity-but 14? per lb. for this year's 9,000,000 bale crop will not bring to all cottonland as much money as last year's 13,000,000 bale crop at an average...
...Dollar Line had diverted all its trans-Pacific passenger traffic to Los Angeles and the Grace Line had eliminated sailings north to Seattle. The steel doors of the 38 docks on San Francisco's five-mile Embarcadero (see map) had not opened for eight weeks to let a bale of silk, a bag of sugar or anything of the $50,000,000 worth of goods they held pass into commerce. When the first door opened last week, out surged something akin...