Word: exporting
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Dates: during 1950-1959
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Last December Department of Agriculture reporters estimated that Colombia's current crop would run to a record 6,500,000 bags for export. Czar Mejia, who keeps his figures secret, remained silent. But in succeeding months word some how drifted from Bogota to Manhattan's coffee-trading Front Street that torrential rains had cut deeply into Colombia's maturing crop. Roasters and brokers, caught with low inventories and suddenly aware that a shortage of mild beans for blending could be crippling, bid up the price from 63? to 80? a Ib. Colombia's mild coffee, which...
...years ago, Bronx-born Songstress Gormé had reached the eminent position of export manager for a theatrical-equipment company, reached TV via dance-band and nightclub jobs. On TV she has sung while sitting on a bough overhanging the Niagara River hard by the falls, and with a high wind snatching the notes from her throat atop the RCA Building. Last winter, just before an 8 o'clock TV rehearsal, a call came: Would she appear on the 9:30 show at the Copacabana that night? The regular star, Billy Daniels, had been accused of shooting somebody...
...equivalent value in car parts. Hard hit will be the U.S. Big Three-General Motors, Ford and Chrysler. If they manage to continue importing parts at the current rate (an estimated $60 million a year), the Big Three will have to market 30% of the country's export crop. Unless the government lets companies raise car prices, said one industry spokesman, profits will be wiped...
Minister Loyo also extended his tough rules to a list of other imports, including assembled cars, chemicals, synthetic fibers, business machines. He made clear that his final goal is to eliminate his surplus problem once and for all by tying the entire export crop tightly to imports...
IRON-CURTAIN SHIPMENTS by U.S. firms are running double the 1955 rate. The Commerce Department has issued $12.7 million worth of export licenses for the year's first half v. $13.4 million for all of 1955. New items licensed include farm machinery, cold-rolled steel sheets for auto bodies, railway-car air-conditioning systems...