Word: biddinger
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In the musty auction rooms of Sydney's Royal Exchange, the wildest wool market in history got under way last week. Buyers pulled off their neckties and rolled up their sleeves as prices jumped in the heavy bidding carried on by burry-voiced Yorkshiremen, throaty Flemings, precise, high-pitched...
As casually as a salesman flipping open the door of a new model, the Chrysler Corp. made auto industry history last week: it offered a $25 million-a-year (10?-15?-an-hour) cost-of-living wage increase to 120,000 workers, despite its three-year contract with the U.A.W...
Under Howard, who took over last November, the letting of contracts has been notably speeded up. Instead of the Government's traditional method of competitive bidding, 90% of all military procurement is now being done by negotiated contract. One thing the Munitions Board has fallen down on, however, is...
In Lindsay, Okla. (pop. 3,018), farmers' trucks lumbered into the streets last week with hundreds of bales of an odd-looking crop: a thin cornstalk that seemed in need of a haircut. It was broomcorn, the dry, tasteless straw from which 45 million brooms a year are made...
One reason for the stiff bidding was that this year's crop is expected to be 37% smaller than last year's, and the smallest on record. On top of that, the armed services, which bought up some 30% of the brooms manufactured in World War II, were...