Word: recording
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Dates: during 1940-1949
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...biggest salute to the army was wrapped up in the annual budget which the President had just submitted to Congress. The allotment for the armed forces, whose 100,000-odd personnel are South America's best-trained, was a record 1,663,000,000 pesos (about $333 million), more than a fourth of the budget. Since there was no sign of a military threat against Argentina, and since Perón himself disavowed imperialism, what was the money for? Bigger & better parades...
...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...
...attended an auction of Louis B. Mayer horses. Curland quit bidding on Solidarity at $20,000, but when his daughter said, "Daddy, I want that horse," he went to $21,000 and got him. By winning the Gold Cup (and equaling Seabiscuit's mile-and-a-quarter track record of 2:01 1/5), Solidarity added $100,000 to his earnings and paid his backers a generous...
...construction industry was coming back to life. In June, the Department of Commerce reported, total new construction topped the June 1948 figure by $294,000,000; for the first half of 1949, it stood at $8,453,000,00, an alltime record...
...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, had to put the new low price into effect right away...