Word: exports
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Dates: during 1930-1939
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...boast about it. Finally they got where they drank their daily quart of absinthe straight, without mixing it with anything. French workmen began to copy their habits. So France made the sale of absinthe illegal?in France! French absinthe makers were permitted to continue making absinthe for export. France wasn't worked about what absinthe did to anybody except the French in France! As a matter of fact one, two or three drinks of absinthe a day never hurt anybody. Absinthe has definite medicinal properties. It will quiet an upset stomach...
...wreck of the World Economic Conference last year the International Wheat Conference salvaged and signed an export quota agreement which acts of the Almighty have greatly assisted its signatories to keep (TIME, Sept. 11). Of the Big Four signatories?U.S., Argentina, Canada and Australia?only Argentina has wholly escaped the searing blight of drought, and last week only Argentina had broken her agreement, exporting 34,000,000 more bushels of wheat than the 110,000,000 she accepted as her limit. Even so drought has struck savagely enough to keep the Big Four from exceeding their combined quota...
...Depression low to its price last week of $1.20 per lb., Japan can and does buy more scrap steel from the U. S. Sugar at 2˘ per lb. for the first time in four years may in time permit the U. S. to regain a $150,000,000 Cuban export market, now almost vanished. Better prices for shellac and pepper, favorites of boisterous Speculator Bernard E. ("Sell 'Em Ben") Smith, better prices for jute, hemp, antimony, caraway seed, balm of Gilead and scores of other minor world commodities will eventually result in a rising volume of international trade...
...prospect was not as bright as it was a month ago. By last week traders had reduced their estimates of the Canadian crop to the point where Canada would have only about 160,000,000 bu. for export. And Australia, still four months from harvest, was put down for an exportable surplus of only 70,000,000 bu. out of this year's crop?less than half of normal. Thus Canada & Australia between them could barely supply the Mother Country's needs...
...advance around May 1 when wheat was 78˘ and traders were beginning to see the effects of drought. Last week futures were selling at 97˘ to $1.05, spot at $1.12. Liverpool traders were more complacent: early reports on the Canadian crop had been favorable and Argentina, ignoring her export quota fixed at the London Wheat Conference last August, had plenty of wheat for sale. The Liverpool price at the end of May was around 72˘. Not until mid-June, when drought news from Canada became alarming, did Liverpool traders begin to push the price. October wheat at Liverpool last week...