Word: chicago
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Dates: during 1980-1989
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...Silos full of surplus grain from past harvests will protect grocery shoppers from noticing much more than a modest increase in most food prices. With thousands of undernourished cattle and hogs being driven to the slaughterhouse, meat prices may even go down. But trading in the commodity pits of Chicago has been frantic, a new pot of gold for plungers who bet on feast or famine. This cursed drought has brought them a bonanza. Soybeans, for instance, are now selling at about $10 per bu., nearly double the price of just six months ago. God must be a Democrat, somebody...
...speaker after speaker expresses a desire for a peaceful world that builds prosperity. What raises that commonplace above banality is the obvious sincerity behind it; repeated often enough, it could almost serve as an embryonic creed for modern Japan. Takeshita talks of creating an international furusato (hometown). Speaking in Chicago after last week's summit, he pledged Japan's cooperation in "helping to resolve and prevent conflicts" between nations and vowed that Japan would play an international role commensurate with its financial strength...
...victims of lack of rain, a circumstance that should improve next year if not next month. But in the West the water shortage is not just a freak of nature. Los Angeles receives 9 in. of rainfall a year and Phoenix only 8, vs. 40 in. of precipitation for Chicago. Almost all the U.S. flatlands west of the 100th meridian, which runs from Texas to North Dakota, consistently receive too little precipitation to sustain agriculture without irrigation. Says Dennis Mahr, a Southern California water manager: "We're in a constant state of drought, and we've learned to live with...
...more women set up companies, female versions of the old-boy network are developing. The 3,000-member National Association of Women Business Owners, for example, successfully lobbied the House committee to hold its hearings on female entrepreneurs. Businesswomen who belong to the Committee of 200, an elite Chicago-based group of top executives from 70 different industries, discuss everything at their meetings, from where to find the best office computer system to how to balance a demanding career with a marriage. Says Member Joan Helpern, chief executive of the manufacturer of Joan and David shoes (1987 revenues: $100 million...
Women entrepreneurs are helping one another expand their businesses as well. Sue Ling Gin, 47, a self-made real estate millionaire who runs an airline-food company in Chicago, discovered that a group of ambitious single mothers and other tenants in the city's LeClaire Courts housing project had formed a small company that prepares meals, mostly for local day-care centers. When Gin decided to bid on a $38 million food-and-beverage contract for fast-growing Midway airport, she offered the LeClaire group a 15% interest in the venture. If Gin wins the contract, the LeClaire operation will...