Word: lowe
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...addition to the above advantages bonds sold to the Reserve banks might legitimately carry a low, or even a zero, rate of interest. This undoubtedly would please the Secretary, and perhaps make him more willing greatly to increase the rate paid on bonds sold to the general public. . . . One of the persistent shortcomings of all Secretaries of the Treasury seems to be their preoccupation with low interest rates on Government borrowing, quite regardless of the monetary consequences of such a policy...
Squeeze All Around. Some big milk distributors-notably in New York and Duluth-Superior-were squeezed too when OPA froze fluid milk and cream prices last May at abnormally low March levels. Under the price law, OPA could not then freeze butter prices, which jumped upward and tried to drag milk prices along. But for the distributors, the Government provided subsidies of $1 million a month -temporary hush money until OPA and the Agriculture Department could decide on the least evil of three: 1) raise milk a cent a quart; 2) lower the average price to farmers; 3) continue paying...
...support up to 35 times its own weight. In peacetime, kapok's biggest use was in mattresses, upholstery padding and the like. Most (and the best) kapok came from Java. The Japs put a stop to that. Now, as demand soars, rigidly controlled kapok inventories are running low...
Rises in sheet-music sales have paralleled piano sales which rose from a depression low of 22,000 pianos in 1931 to 114,734 in 1941. Last July this upward flight of pianos was abruptly .terminated when the WPB stopped piano manufacture, turned U.S. piano factories into airplane parts plants. But Tin Pan Alley's publishers hope sheet music will go marching on, for the American home is already well stocked with pianos...
Between the low pit of Allied fortunes (the collapse of France, June 1940) and the high tide United Nations success reached this week, the U.S. economy did this...