Word: marketing
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...Exactly a year ago, grain prices had tumbled in the worst shakeout in seven years. Last week traders had more than the calendar to make them nervous. The Department of Agriculture announced that it would not put any acreage restrictions on this year's corn crop. With the market already glutted, that seemed to mean another big crop and still lower prices ahead...
...year ago, the uneasiness on the grain market quickly spread to the stock market. The Dow-Jones industrial average fell 3.52 points for the week to 175.60, wiping out all the gains since mid-December (at the start of this week it dropped again). The New York Cotton Exchange quivered sympathetically; prices tumbled 95? to $1.30 a bale...
...production dropped, the U.S. displaced Great Britain as the world's biggest wool user. Consumption went up from 600 million Ibs. a year to about 1 billion Ibs. Most of this was in the finer wools. Russia, never a big buyer before the war, had also entered the market in a big way and did not seem to give a hang about the price...
...companies and the Government concerned timing. The Government could plan-and spend-on a basis of demand ten years hence (and write off some of the losses as "flood control"). The utilities had to restrict their planning to two or three years ahead, to be reasonably sure of their market. One way or the other, it looked as if the U.S. would lick the power shortage, though the debate on how to do it would go on for months...
...this pointed to trouble ahead. Australian wool growers feared that high prices might eventually choke off their market. (In the U.S. high prices had already cut the sale of worsteds, and there seemed small hope of sizable price reductions as long as wool prices stayed up.) In San Antonio, F. Eugene Ackerman, executive director of the American Wool Council, warned U.S. textile men that synthetics might displace high-priced woolen fabrics...