Word: prices
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Dates: during 1930-1939
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...year everyone was fascinated by a new craze called crossword puzzles -Jack Dempsey was World's Heavyweight Champion, What Price Glory was playing on Broadway, and Ty Cobb was still in his prime - when Manager Miller Huggins of the New York Yankees, one fine day in June 1925, stepped up to a clumsy, rosy-cheeked rookie his scouts had picked up on the Columbia campus. "Gehrig," he muttered, "you take Wally Pipp's place at first base today." Last week, for the first time since that faraway day, the Yankees started a game without Lou Gehrig...
...another test of reasoning from, economic facts, students were to tell the effect on supply, demand and the price of American wheat in the world market if a major European war broke out and agricultural wage rates in the U. S. rose...
...changes approaches.*But if the motor industry's sales were small, last week its purchases-of one material, at least-were big. The buying power of Detroit itself is in the hands of auto purchasing agents, the best bargain hunters in big-time business. To them every posted price is a target to snipe at. They did their 1938 steel buying in two big lots, each time at their own price. Using as bait bigger orders than the steel industry has seen in some time, they are again angling for a steel price cut. Back in the days...
Last time the price of copper moved was in October 1938, when it went up, with business hopes. Had purchasing agents been as shrewd as they are tough, they would have finished loading up in July and August when prices were low, instead of waiting until October. As it was, the auto companies had to come back for more when the assembly lines began to roll out the 1939 model in October. They had no choice but to buy at the copper companies' upped price of 11¼? a pound. Fearful that the price might go higher, they then...
Last week they had their revenge. March business had dropped back to the August rate and the "outside" copper dealers, feeling the pinch, let the price down to 10¼?. The big producers, however, refused to follow, preferring to keep the price split, since the independents do not have the capacity to handle much business. Finally, early in April, American Smelting & Refining cut its product to 10¼?, halfway between the independents and the other big producers, forcing the big producers to follow them down...