Word: pinching
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...crowded out in the scramble, welcomed CMP's extension. At best, they thought it might get them more supplies, at worst create no greater confusion than now exists. Others, who had seen CMP disrupt their long-standing relationships with suppliers, feared that the move would pinch them still more. "CMP is an impossible and ill-starred undertaking," said Ford Vice President Irving A. Duffy. "Who can judge how much steel should be allocated for manufacturing hairpins, bobby pins, ash cans and thousands of other civilian items? Who can possibly possess the Solomon-like judgment to allocate materials fairly...
...civilian goods producers that they would be cut back no further this year, Defense Production Administrator Manly Fleischmann last week reversed himself. He issued new steel allocations for the fourth quarter, which will slash auto output another 5% (from 65% to 60% of the first half of 1950), and pinch off production of other civilian durable goods from 70% to 65%. To add to the confusion, DPA took the same chance it had before: it allocated almost 15% more steel for the fourth quarter than will be produced...
...case, the outlook for steel for consumer goods is getting worse. It looks as if the supply will be pinched still more in the next six months before expanded steel capacity eases the pinch...
...five-day week. Then 4,000 bakery truck drivers marched out. The strike cut off 80% of the wrapped white bread delivered to the city and its suburbs, but it did not affect the smaller independent bakeries, which went on delivering bread. So the strike did not pinch the public much, and that made the teamsters angry...
...ceasefire, however, will certainly hit one soft spot in the economy: retail trade. Merchants who have been depending on a stepped-up arms program to pinch supplies and clear out their overloaded shelves, now will probably be overloaded for months, or, as some say optimistically, "till the pickup in the fall." Retail sales, which have been unimpressive for some time, last week were 2% below 1950. Many prices were due to drop. Last week St. Louis' Brown Shoe Co., Inc., one of the biggest U.S. shoe manufacturers, cut prices 9%, and other shoemakers got in step...