Word: pounds
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Dates: during 1950-1959
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Spurred by reports of shortages, the price of coffee shot upward last fall. In three months' trading on the New York Coffee & Sugar Exchange, March futures in "Santos S" coffee rose 69% to a record of 50.1? a pound. The retail price of coffee hovered around 80?. For the rise, the Pan-American Coffee Bureau, which represents Latin American growers, had a crisp explanation: "The sudden rise in coffee prices may be explained in just two words-'bad weather...
...green-coffee buyer for the Maxwell House Division of General Foods Corp. To make sure that Coffeeman Robbins' cooperation would be good to the last drop, the committee implied, Brazilians secretly sold him several hundred thousand bags of coffee at the bargain prices of 18? and 19? a pound. (General Foods denied that any action of theirs had anything to do with the price rise...
...entire sterling area to EPU, and to provide special safeguards against a run on Britain's dollar reserves; e.g., member nations may not demand dollars in exchange for "old sterling" earned before July 1950. Meanwhile, other events helped to calm British anxiety about the status of the pound sterling. Gradually, as a result of last year's devaluation, Britain's trading position improved, her dollar reserves rose...
Practice Cheese. Truffle dogs need not be imported. Training them is not difficult. Since genuine truffles are expensive ($12 a pound, canned), the trainer may use cheese. He takes bits of ripe, strong Gorgonzola, wraps them in cloth and buries them in the earth. When the odor has seeped through the soil, he leads his dog within range. After many tries, the dog gets the idea and smells out the Gorgonzola. When he digs up the bait, the trainer pats him and feeds him a rewarding biscuit...
...Felton, former Harvard track star, won the Metropolitan A.A.U. 16-pound hammer throw in New York Saturday for the third year with a heave of a near record 181 feet, 3 1-8 inches. Felton tied for second in the discus throw with...