Word: price
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Dates: during 1940-1949
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...admitting in his proud CataIan way that he had been converted. When word of this reached the villagers, converts flocked in by the score. The name of Garry Davis began to creep into almost every conversation about the price of grapes and apricots. The mayor dreamed up the idea of declaring Trouillas to be world territory, and sprang it on the council one day when seven of 13 councilors were present. The seven were a quorum, and every one was in favor...
...past, prices had been held down by a combination of price fixing and subsidies. Bread was price fixed, so were cooking oils and fats, milk, soap and, in Buenos Aires, meat. But to entice these products into the open market, the government repeatedly had to increase its subsidies to the producers...
...lowest grade of cooking oil, made from sunflower seeds, the subsidy soon exceeded the price at which the oil had been pegged. The effect of generous subsidies on the capital's beef was to bring on an alltime record eating spree, which so increased consumption that Argentina was unable to fulfill its export contracts. Many housewives would not take the trouble to use leftovers; it was easier to throw the meat away and reorder...
Caught Short. The poor harvest carried a few windfalls of good fortune. Last week, as feckless "shorts" ran to cover their bets in the grain markets, the price of wheat futures rose to the highest they had been in five months. At their peak of $2.06, December futures were 10? a bushel higher than a month ago. Millers and bakers, who had been taking their own good time about buying supplies, expecting to get bargain prices, decided to do their buying now-before prices got any higher...
Goodall's dealers would get a new wholesale price of $12, but they had paid $17 each for the suits they had on hand. President Ward gave them ten days to clear out their old stocks at the old prices. But one retailer made the mistake of letting the apparel trade's Daily News Record in on the secret. News services spotted the trade-paper item and spread the good news to bargain-hungry U.S. consumers. Result: Goodall's retailers could no longer find anyone foolish enough to pay $27.50 for a Palm Beach...