Word: lowers
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Dates: during 1940-1949
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Mexico City newspapers awoke to the threat of a national disaster: Mexican agriculture faced a ruinous fruit-fly plague. Nearly 2,000,000 of the country's 16 million citrus trees were infested. U.S. citrus growers in the Lower Rio Grande Valley, with 18,500,000 trees just 250 miles north of the infested area, screamed to federal and state' governments for a fast preventive...
There were even some price cuts. The first postwar dip in the price of zinc (from 17½? to 16? a Ib.) was quickly passed on with lower prices on galvanized steel products. What few premium prices remained were gradually being dropped. Henry Kaiser cut the price of steel from his Fontana, Calif, plant $10 to $39 a ton, thereby wiping out increases made last August...
...retailers, unable to move men's suits, wanted lower prices. Australian fine wool, said Pendleton, was so high that he could not cut prices...
...laid off, there was one bright spot. The U.S. Air Force awarded contracts for $20 million worth of woolen cloth. To get the business, mills had slashed their bids close to cost, in some cases below it. The catch was that the prices, as much as $1.25 a yard lower than those on civilian goods, were sure to increase the demand of retailers for cheaper goods...
When 25-year-old Charles Lewis Tiffany opened his store on Manhattan's lower Broadway in the 1837 depression, he quickly learned that a store can be too exclusive for its own good. In his first three days, his door was darkened so rarely by customers that receipts totaled only $4.98. Business has been picking up ever since. Tiffany's began unobtrusively to court foot-slogging shoppers as well as the carriage trade; this week its chaste ad in the New York Times offered gold brooches for $34 as well as a diamond...