Word: droughts
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...fracas. A plea to reopen from their president and from now on the Commissioner of Markets was met in open mass meetings with a loud Yiddish NO! Ignoring the law of supply & demand, which was working with textbook simplicity as a result of Drought and Government curtailment, the butchers howled that they were the victims of a packers' monopoly...
Smaller than the other three of the "Big Four" (Swift, Armour, Wilson), Cudahy suffered more because most of its slaughtering houses were in the drought area and it lacks its bigger rivals' range of by-products to tide it over. In the last fiscal year ending October 1936, Cudahy made $1,815,000 or $2.65 per common share. So far this year it has paid $1.87½ per common share. In passing last week's dividend, President Edward A. Cudahy Jr. explained: "Smaller volume of raw material, together with substantial increases in wages, various additional forms of taxes...
...college Freshmen. Furthermore, a week or more is necessary before the Freshman coaches can put together a team from the packs of players with most of whom they are entirely unacquainted. A glance at the records of past football teams easily verifies this apparently pessimistic statement. The drought in Freshman football victories during the last two years has been desolate, to say the least...
When Depression came, George Wingfield set out to keep it out of Nevada. His banks lent millions to ranchers, took mortgages on thousands of head of cattle. Presently this credit structure grew so top-heavy that it needed only the drought of 1930-31 to topple it. On Nov. 1, 1932 came a twelve-day State bank holiday and the twelve Wingfield banks never reopened. According to the RFC bank examiner it was "the most honest failure I have ever seen." Of some $4,000,000 loaned to ranchers, the banks got back only $200,000. Of their...
Drainage of U. S. breeding lands had another effect. It left those regions completely vulnerable to floods and droughts. Flood and drought control measures now-being executed with CCC and WPA labor are, fortunately for sportsmen, ideal for restoring duck grounds, and vice versa. Principal engineering problem is to impound and regulate waters in rivers, lakes, marshes. Equally important is the planting of trees to help prevent erosion. Thus in the past three years 200 duck refuges have been created on previously useless land. Last year, for the first year in many, more ducks returned to the breeding grounds than...