Word: livestock
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Dates: during 1950-1959
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Farm Prices. Leaves undisturbed the 10% rollback on livestock but forbids any further rollbacks in beef. Allows other rollbacks to 90% of the May 1951 levels or to parity, whichever is higher. On the other hand, farm prices go up if other prices climb...
Once, when her boss insisted she cover a livestock show, Penny fulfilled his order for "unusual pictures." Said she: "I took the north end of all the animals looking south." The managing editor, furious at first, finally ran the pictures that way and readers applauded...
...week, Price Boss Michael V. Di Salle faced a crowd of 250 angry cattlemen and told them what's what on the subject of beef controls. Six months ago, said he, cattlemen had assured him that if beef prices were left uncontrolled, they would level off. By April, livestock prices had soared another 12%, and the total rise up to the present since January 1950 to 53% (v. only 14% for all foods). Said Di Salle: "Under these circumstances, we were forced to come through with a program...
...jumped a dozen meatmen to protest livestock controls and price rollbacks. The American way, said one feeder angrily, was through the law of supply & demand. Snapped Di Salle: "It's called the law of supply & demand when the price is going up, but everyone hollers for supports when the price goes down...
...eight plants around the U.S. and Canada (headquarters: Detroit), Fruehauf now produces scores of stock trailer models, including refrigerator cars, liquid tank carriers, log haulers, livestock vans. But much of its business still comes from customers who need special trailers which