Word: raws
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Dates: during 1930-1939
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...price cutting. It was in the midst of making a cleanup out of the war. For wool is a real war commodity-needed for soldiers' uniforms, overcoats, blankets. The U. S. has no wool surplus and the British Empire has forbidden wool exports outside of the Empire. Besides raw wool, millions of yards of woolens normally imported from Britain (1938 imports: 4,800,000 sq. yds.) will have to be made...
...have predicted that men's suits will be up $5 apiece by spring. If so, that rise will cost U. S. consumers about $280,000,000 in the next twelvemonth. All sections of the wool industry last week appeared to be shearing their percentage of this fine clip: raw wool skyrocketed some 60% for the benefit of wool growers; yarns were up 45% to 50%, sweetening the pot for the spinners; and when the U. S. Army went into the market for uniform fabrics, it found prices up about 30% over the bids it could have gotten Sept...
...Department of Labor, etc. These two, with three assistants, were set up in N.B.E.R.'s financial research workshop-an estate (next door to Arturo Toscanini), in swank Riverdale, N. Y., with tennis court, swimming pool, view of the Hudson. Handed to them was a stack of raw material: statistics on the purchases of 60,000 U. S. families, collected by white-collar WPAsters...
...Scrap. Fourth quarter steel earnings will not be as lush as production because sheets will be going at June's cut prices until Jan. 1. And there is a menacing squeeze in raw materials. September pig iron production rose only 12% because blast furnaces for making pig iron are in worse shape than furnaces for smelting steel ingots. Quick to profit from the scarcity of pig (price $22.50) have been the railroads and other sellers of its rival raw material, scrap, who have put the price up to $26 a ton (Aug. 31 price: $15.25). At $26, sheet mills...
...panicked consumers to come back into the market for more inventory. Reluctantly Kennecott and Anaconda, both with lower costs han Phelps Dodge, followed the price up, while frightened consumers bought still more. Small copper fabricators, worried, ike small steelmen, about the rising price and shortened supplies of their raw material, began to exert political pressure on Washington to halve the 4? a pound copper tariff, in order to unfix the copper market by bringing 6 to 8? Chilean and Canadian Copper in. President Franklin Delano Roosevelt, his eye on scrap and steel as much as on copper, addressed another letter...