Word: market
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Dates: during 1950-1959
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...anything grows, despite proven oilfields, brimming natural resources and a population of 87 million. Indonesia is mired by pocket-sized rebellions, technical ineptitude and whimsical administration. An overworked printing press has lately shot the rupiah (legally pegged at 11.40 to the dollar) as high as 200 on the black market. Commodity prices have risen 40% since January. And while its economy was deteriorating at an accelerated rate, its politics and its government were at a standstill...
...with the many excavation sites of India additionally becoming regional museums in time. Western art, on the other hand, is difficult to collect due to the (a) lack of encouragement which the ruling English gave to this sort of thing (b) high prices in today's ultra-competitive art market and (c) reluctance of the remaining Indian rajahs to part with their private collections. On this last obstacle Dr. Prakash commented: "The rajah will part first with his palace, second with his Ford and only at the extreme with his art collection." To make this eventual parting easier, the Indian...
Impressed by the wheat campaign, the Grain Sorghum Producers Association of Amarillo decided to spend $30,000 in the next two years to encourage European feed mills and farmers to buy more U.S. coarse grains. The U.S. Rice Export Association of New Orleans invested $35,000 in a market analysis, learned that most European groceries sell rice out of bins; thus the European housewife often does not know whether it will cook up as firm, separate kernels or a gluey mess. One U.S. rice processor, Dallas' Comet Rice Mills, is now invading European retail stores with brightly boxed, consumer...
...Thailand, purchases of cigarettes made from U.S. tobacco jumped from 7,000,000 to 14 million in a month. Lately cotton consumption has risen 12% in France, 11% in West Germany, and 20% in Japan following trade-fair promotions. Industry sources believe the current 5,700,000-bale foreign market can be boosted to 8,000,000. Says the Cotton Council: "If we could get world cotton consumption per capita up to anywhere near U.S. consumption there would be a world cotton shortage...
...foreclosure rate, Nickerson claims that an average man with "average luck" has a 400-to-1 chance of succeeding in real estate. By contrast, "Fifty percent [of new businesses fail] in two years." Arguing from population growth, Nickerson assumes an ever-ready and probably an ever-rising market for his type of real estate deal...