Word: overstocks
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Dates: during 1980-1989
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Nevertheless there is much to be said for the skittishness of Harvard's history elders about loading the department with tenured people professing current, up-to-date, up-to-the-minute subjects. Surely, above all others, history departments have vocational cause to hesitate to overstock themselves with professors on tenure providing instruction in subjects, chic and modish today, but of slender interest tomorrow, who, given the rules of tenure, alas! cannot be remaindered at half price. Historians require that the subject of a course pass the test of time, and if they do not, they should. There is something perhaps...
Other vast surpluses abound. At the beginning of last month, the U.S. held 1.9 billion bu. of wheat, a record overstock, and 847 million bu. of soybeans, almost 40% more than at the same time last year. Kansas alone held 178.8 million bu. of grain sorghum, a livestock feed, almost 80% more than in June 1985. The U.S. is producing a huge excess of milk as well, a problem reduced only partly by the USDA's program this year to pay thousands of dairy farmers some $1.8 billion to send their herds to slaughter or export markets...
...main selling point of the 76-year-old Filen's Basement is its "automatic markdown policy filen's buys overstock and irregulars form what it calls grit and glamorous stores, and then resells it at discount determined by a now famous formula. If the item sits on the rack for f12 days its initial prose will be cut by 25 percent. After six more days, the price is reduced 50 percent with in another six 75 percent. And if a piece of clothing doesn't sell by 30 days after it first hits the floor, Filen's gives...
...Harvard University Press Display Room (1354 Mass. Ave., in Holyoke Center) has a complete selection of every book currently in print from the Harvard University Press, and they love people who browse. And, at Wordsworth/2 (1100 Mass. Ave.), a little up Mass. Ave., they specialize in publishers' overstock and remainders, as well as classical music tapes, art prints, and New York Times bestsellers...
...sorry, sir," the waitress said. "But we stopped making that flavor about 10 or 12 years ago. We had a huge overstock of that stuff back then, and it all rotted...