Word: hundredweight
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...from its postwar peak, dropped as much as $7 more (from 32.86? a pound to 31.45?). Amid the growing abundance of dairy products, wholesale butter fell as much as 7 ½? a pound in one day. In the New York area, the price of milk was reduced 44? a hundredweight by the Department of Agriculture, about a cent a quart, and pegged there to keep it from going lower...
...basis of other futures buying, it would be down to $1.92⅝ by May and $1.75 by July.) With some 4,300,000 cattle fattening in the nation's feed lots (the alltime high, in 1943: 4,445,000), livestock prices in Chicago dropped "to $22.75 a hundredweight, the lowest since meat was decontrolled...
...that the Ghost of Christmas Present would provide a transformation for them, as it had for Scrooge. Instead, they chuckled grimly over a bitter Christmas jest, "Starve with Strachey, shiver with Shin-well" (Fuel Minister Emanuel Shinwell)*, watched the delivery of the King's traditional gift of a hundredweight of coal to the needy of four Windsor parishes, read hungrily about the progress of a British freighter, the Highland Monarch, as it butted through the foggy Atlantic. Aboard were 250,000 turkeys from Argentina, which would help feed many a hungry Briton this Christmas...
...only did producers rush to market with great numbers of animals (including a high percentage of culls and inferior grades), but they got record prices for them as slaughterers, too, fought for quick predeadline profits. The Chicago price for full-fed steers hit an alltime high of $28.40 a hundredweight, then rose another $1.60. First day this week, the torrent turned into a deluge. Trucks loaded with hogs and steers were lined up 30 blocks waiting for the yards to open. By sundown the number of steers received was approximately 40,000, just a cut or two under the famous...
...record shipments of cattle and pigs into stockyards all over the nation continued last week, but the big packers were in the market for the first time in months. Result: choice cattle prices in Chicago, which had sagged, went up to an alltime record of $25 a hundredweight. The bulk of the cattle sold for less, but the average price v. the OPA ceiling of $18, was still over $20. Result: up went retail meat prices all over the nation. New Yorkers paid as much as 50% above OPA for meat...