Word: glut
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...Glut. Brannan could have found cogent reasons just by glancing at his department's statistics. There was more grain than the U.S. could eat, store or ship abroad. The Government had already taken a fourth of the bumper wheat crop off the market, by loans and purchases under its support plan. It expected to have to do the same with as much as 600 million bushels of corn-more than is normally sold commercially in a year. But with most storage space filled, a huge amount of "free grain" not encompassed by the support program had been thrown...
Farmers and traders, who had thought that grain prices had hit bottom because they were at Government-support levels, were fooled; the artificial props could not support the weight of the glut. For various reasons, including lack of storage space, farmers had been forced to sell below support levels. Cash corn was down 36? below the support level; September wheat, 19?. Said one trader: "It looks as if the Government may have bitten off more than it can chew...
After Bach comes a program of Beethoven, followed by post-Beethoven music and requests. Gilbert and Sullivan will glut the air waves on Saturday night, and Sunday morning ushers in a ballad corner catering to hillbilly fans. When the merry-go-round will cease had not been decided...
...farm glut had its compensations. Many New York butchers last week cut the price of top-grade beef from 85 to 69? a pound, and trimmed prices on some 20 other meats. Businessmen knew that lower food prices meant more cash released for other purchases. But even those who saw no recession ahead agreed with the U.S. Chamber of Commerce: "We now face the difficult task of ... checking inflation without precipitating contraction...
Some economists have said that if this 24 per cent receives higher education, professional people will soon glut the market. This could not hold for the community college. Its graduate would not gain an LLB. or an M.D.; he would receive a B.G.S.; signifying that he had become a keener citizen by two years, a more useful wage earner by two years, a wiser family man by two years. What community or what nation can suffer because it is too alert, too prosperous, too wise...