Word: potatos
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Never noted for glamor, the humble potato has lost so much of its popularity with diet-conscious Americans that per capita spud consumption in the U.S. today is little more than half what it was 50 years ago. Nonetheless, at New York's Mercantile Exchange last week some of the most sophisticated speculators in U.S. business were in a lather over the future of the potato and betting millions of dollars on what it will cost by mid-May. Seldom has the U.S. commodity market seen so wide and adamant a split between bulls and bears...
Only last fall the Agriculture Department condemned the potato to the ignominious chore of feeding livestock in order to reduce a heavy surplus. Then a disappointing European harvest started an unexpected flow of U.S. potatoes abroad...
Canada, too, developed local shortages and lowered tariffs to entice U.S. potato exports. Early last month the Agriculture Department reported that reduced plantings and frost damage would cut the spring crop in the South...
Betting that there was not enough left of last fall's New England crop to take up the slack in East Coast markets, the bulls at the Mercantile Exchange contracted to buy 10,000 carloads of Maine potatoes at prices ranging from $1.95 to $3.20 per hundredweight for delivery May 14. By then, the bulls believe, potato prices will be up to $5 to $6 per hundredweight, leaving them a fat profit on their future contracts. The bears, who sold the bulls their contracts, are betting just as firmly that there are plenty of spuds in Maine and that...
...food: 165 pounds of hot dogs, 84 dozen ice creams bars, 64 pounds of potato chips, four gallons of mustard and relish, and one dozen tanks of Coke...