Word: droughts
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...Into the Blue Room at one time or another during the week also trotted Secretary Wallace, Secretary Ickes, Madam Secretary Perkins, Professor George F. Warren, Governor Black of the Federal Reserve (see p. 58), Governor Harrison of the New York Reserve Bank, Acting Relief Administrator Aubrey Williams. Drought Relief Administrator Lawrence Westbrook, AAAdministrator Chester C. Davis, Donald Richberg, General Johnson (see p.11). If any of them had brought anything so simple as a bag of corn, Franklin Roosevelt would have been pleased...
...World Telegram made a picture of his tax payer playing golf dressed in a barrel, saying "Nobody objects to my shorts." In the New York Daily News, Cartoonist C. D. Batchelor drew a sketch called "A Thousand Welcomes," showing a newspaper artist bored with such topics as the Drought, Hitler and the Far East, examining with approval the figure of a female golfer wearing shorts...
...districts of the Midwest they seldom lay eggs. And even a well-fed hen dislikes to lay eggs in very hot weather. What most amateur speculators do not know is that the leading trading medium is October eggs, which were all laid in March, April and May?before the drought seriously affected production. There are 9,000,000 cases of eggs in storage which is only 500,000 cases less than a year ago. However, the advancing price of corn is almost sure to make the autumn and winter egg crop small,?a thought which has boosted October futures...
...Lone bright spot in the steel business last week was the increased demand for tinplate wherewith to can drought-stricken beasts. Rut darkest spot in all commodities was the price of hides, down from 6½¢ per lb. to 3½¢ in the past week, or 15% in six trading days, because the market was glutted by Government slaughtering. After strenuous protest from tanners, RFC last week agreed to advance $10,000,000 to hold surplus hides off the market until demand increases or they can be dumped abroad...
...last week, U. S. cotton exchanges hushed their clamor. In England, India and Egypt, brokers awaited news by cable from the nation which grows more than half the world's cotton. Then at the stroke of noon Washington flashed out its best judgment on the 1934 cotton crop: drought in the rich bottom lands west of the Mississippi River had combined with AAA acreage reduction to bring the crop down to 9,195,000 bales-25% below last year, and the lowest, with one exception, in 38 years.* This was more than 1,000,000 bales below the maximum...