Word: glut
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Dates: during 1940-1949
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Besides the Gershwin glut...
...feasted on a temporary glut of pork. But this year the March slaughter of hogs was slightly less than 3.5 million v. 7 million last March. Last week in Chicago, hog receipts were less than 43,000 v. 129,000 for the similar week last year. Packers complained that this was the lowest in eight years. Too late, OPA last week timidly raised the support price...
...Viewers-with-alarm feared that many surplus war products might glut the post-war market, now realize they may be as hard to sell as a shot-up dive bomber...
...Five to ten pounds less than the 135-145 pounds of meat per person in 1944-less pork, probably no more (but slightly better) beef. Fewer chickens, but another egg glut...
...weeks ago farmers were thoroughly alarmed by a dark prediction: since the war was nearly over, the U.S. would be stuck with stockpiles of food that would glut the markets and scuttle prices. Last week WFA decided that this prospect had faded. If the European war runs through the winter, stockpiles of wheat, corn, etc. will soon be down to reasonable sizes. Typical example: in three years the U.S. has consumed 400 million more bushels of corn than it produced...