Word: livestock
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Dates: during 1940-1949
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...bushel to $2.13½. (On the 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...
Early in his career, as Georgia's Commissioner of Agriculture, he gambled $11,000 of state funds in the Chicago livestock market. He wanted to prove that Georgia's peanut-fed hogs were as good as the Midwest's corn-fed animals. He failed. But he bayed: "Sure I stole the money, but I stole it for you," and as a result was elected governor...
...Judas Sheep. There had been little enough progress in the area where U.N. would build: between 42nd and 48th Streets, from First Avenue to the river (see map). In the old slaughterhouse area livestock is still floated in by barge from New Jersey, is still led to the killing sheds by a cynical Judas sheep. On a vacant lot near the Consolidated laundry, Italian workmen still bowl through the intricacies of bocce every day the weather permits. Sidewalks are littered with old refuse, crumbling walls chalked with ancient obscenities...
Last week, 15-year-old Jack Hoffman got a jackpot return for his $260 investment. After T. 0. Pride had first been named junior champion and then grand champion steer at Kansas City's rich, famed American Royal livestock show, Jack Hoffman sold him. The auction price: $42,600 (the Government will get $19,801.80 of this unless Jack is able to deduct a sizeable amount as "operating expenses" and needed improvements on his 80-acre farm...
...want of slaughtered livestock, soapmakers lacked tallow and grease to keep up their three billion pounds a year production. Many would have to shut down. For want of soap, laundries all over the country had to reduce their laundering; millions of housewives did the same; wool producers (to whom soap is a major necessity) lamented: "No woolens." For want of glycerine, a by-product of animal fats, General Electric could not get the lacquer it needed to finish thousands of refrigerators. For want of industrial soap and stearic acid, all synthetic rubber production in Akron was expected to drop sharply...