Word: cashing
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Dates: during 1950-1959
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...same general pattern applies in the cattle market. Since mid-July beef cattle and calves, which constitute the largest single source of U.S. cash farm income, have been bringing farmers higher prices. All grades and weights slaughtered in Chicago last week brought a top price of $26.27 compared to $22.50 in the same week a year ago. The prices are up because lower production and premature marketing have resulted in a short supply of beef. Stockyard experts predict that the price trend will continue upward into November...
Realizing that homing Americans (some 75% of Shannon's westbound traffic) are often pinched for cash, the shop in 1954 started a mail-order business that allows tourists to bring in their purchases duty-free up to six months after their arrival in the U.S. Top-selling items: Irish whisky (50,000 gals, in 1955), French perfumes, German cameras (1,000 a month), Swiss watches, and American cigarettes at $1.40 a carton. Last week, with 90,000 mail-order catalogues floating through Europe and the U.S., Shannon started expanding its counter space for the second time. Said...
...rice crop turns out to be smaller and the country's potential market bigger than it had calculated. Already losing 10% to 30% of the value of the bartered rice, Burma decided to lower slightly the prices on the rest of the crop. It found itself besieged by cash customers: India, Indonesia, Pakistan, Malaya. Now Burma faces a frustrating problem: there is not enough exportable rice to supply cash customers and at the same time fulfill barter obligations (600,000 tons a year) to the Iron Curtain countries. Burma has already mortgaged some of its 1957 crop to meet...
...Limb. In Los Angeles, claiming innocence when detectives questioned him about bookmaking, Ralph Pattison said he had been trying to place a bet, not take one, was arrested when the officers found $3,233 in cash and a betting slip in his wooden...
...American farmer, as canny a speculator as ever cashed a three-horse parlay, hemmed and hawed about the new soil-bank program served up by Congress in late May, consulted his form charts and then made his decision: a heavy bet on the soil bank to win. Last week, the deadline for the 1956 signup past, the Agriculture Department reported that nearly 500,000 farmers had agreed to take 10,720,749 acres out of production, would thereby reap a cash harvest of $225 million in Government payments come fall. The 1956 bank balance more than satisfied Agriculture Secretary Ezra...