Word: ib
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Dates: during 1930-1939
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Into the vortex of the New York Cocoa Exchange one day last week dropped a single bid for 60,000,000 Ib. of cocoa. Placed by Hershey Chocolate Corp. and amounting to nearly $6,000,000, the order brought to a sharp halt a selling swirl which had carried down the price of cocoa nearly 25% within a fortnight and forced the Exchange at one point to suspend trading. The Hershey bid, slightly under the market, was not filled, but coming from the world's largest cocoa buyer the gesture was enough...
Early last month the price of cocoa, having risen from 5? per Ib. last May, reached a nine-year high at between 12? and 13? per Ib. Basic and well-established reason for cocoa's hot market was the great increase in world consumption coupled with a shortage of production in West Africa. The precise extent of the shortage remained a matter of conjecture (TIME, Jan. 18). Traders to whom cocoa's market seemed too warm for comfort pondered the following circumstances: 1) tipsters and outside speculators were playing a larger part than usual in cocoa trading...
Forester Everts successfully tested an experimental model, returned it to the shop to iron out minor kinks. Before next summer he expects to have several full-size units on duty in the woods. Dry ice costs only 4? per Ib. and one filling provides enough power to empty the water tank ten times...
...tribute. Had any other pair of fighters circled the ring for 55 seconds without letting fly a punch, boos, programs and perhaps chairs would have rained over the ropes. Such was the respect for the sudden death in Louis' left fist, such the sympathy for Pastor, outweighed 203 Ib. to 179 and regarded as a rabbit in a box with a rattlesnake, that the crowd lived the dread of every second with Pastor, watching the quick twitching motions of Louis' fists, starting, like a snake's tongue, only to draw back. Such was the suspense that...
...foot triangular wooden frame supported on three runners, carrying a small sail on a 15-ft. mast. Today it is a sporty, front -steering ice-racing machine with 75-ft. sail area, manageable by a girl, thrilling enough for a man, inexpensive (150-$250). light enough (125 Ib.) to be disassembled and hauled about by auto. While not so fast as such legendary performances as Kittie's 1¼ miles at 107 m.p.h. at Red Bank in 1885 or Haze's reputed two miles on the Hudson at 120 m.p.h., a skeeter, like any well-designed ice boat...