Word: price
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Dates: during 1940-1949
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...most of the incident -and furnished economically backward Yemen a perfect illustration of the law of supply & demand. While the shooting was still going on, tireless scavengers on both sides of the embattled border had diligently collected the bullets from the bullet-riddled countryside; on the local market, the price of lead was down...
...stall at the foot of St. Peter's steps to peddle rosaries, postcards, photographs. For well-heeled tourists he would produce, as if allowing a privileged glimpse of a secret treasure, a varied collection of sacred cameos about which the only thing exceptional was the outrageous price. Opposite him another stall soon blossomed specializing in under-the-counter sales of high-priced coral carvings. A third entrepreneur arrived with a collection of black cloaks over his arm for renting to short-sleeved women judged by the doorkeeper insufficiently dressed to enter the basilica. (After the hawker had made friends...
...Commodity Credit Corp. will soon be scraping the bottom of its financial barrel. Additional funds must be made available . . . if the Government is to keep its promises . . . to the American farmer under the present price support program." With these politicking words for the folks on the farm, Michigan's Republican Congressman Jesse Wolcott, 28 years in Congress as "a friend of the farmer," last week suggested a bill to raise the CCC's borrowing power to $5.7 billion, an increase of a cool $1 billion...
...such solution is in sight for eggs. To maintain the market for shell eggs, CCC offered to buy dried eggs at $1.27 a Ib. This was such a handsome price that CCC had to buy nearly 30 million Ibs. of dried eggs. Secretary of Agriculture Charles F. Brannan is afraid the total cost may run to $200 million. Despite the enormous surplus, wholesale prices this month were the highest in a quarter century. Mourned Brannan: "The prospects for the year ahead are still more discouraging...
...years, the flaxseed surplus is a new monster of the department's own making. U.S. paint manufacturers, big users of linseed oil (crushed from flaxseed), were being gouged by Argentine suppliers at the end of World War II. So the department encouraged domestic production by pegging the price of flaxseed at $6 a bushel. The encouraged farmers raised so much flaxseed that the market collapsed. CCC loss to date on flaxseed and linseed oil: $73 million...