Word: rising
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Dates: during 1940-1949
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...Francisco was in the middle of a muddle and a strange political campaign. On July 16 the city will go to the polls and decide whether to recall Mayor Roger Dearborn Lapham. Some San Franciscans wanted to oust him because his administration had put through a 3? fare rise on the city's rattletrap trolley lines. To add to the doctors' confusion, when they first hit town the trolleys were not even running. They were strikebound...
...Rise of Roger Lapham. He was born in Manhattan, in 1883. Five of his mother's brothers had gone to sea. One of them, Uncle George Dearborn, had organized American-Hawaiian, and he gave 17-year-old Roger the chance to ride one of the line's new freighters out to Hawaii...
...Rise in Steel? The steel industry, operating at 89% of capacity, moved cautiously in the direction of price rises. The industry, the basic price barometer for durable goods, wanted to give no aid to the return of OPA. But bituminous coal prices had gone up an average of 40½? a ton a fortnight ago as part of the coal strike settlement. Ore prices edged up. So did pig iron. In Birmingham, two plants boosted prices $3 a ton. Scrap dealers were tightly hanging on to their scrap for the expected big boost and an acute shortage...
...Rise in Cotton. Cotton, which had not been under a ceiling, soared as if it had to the highest level in 23 years. On July 1, December cotton futures on the New York Cotton Exchange hit a high of 31.90? a lb. But two days later the market dropped, and prices were not far from where they started. Textile men talked price increases but, in general, did not make them. Reason: cotton cloth output is up 35% over the preWar average, and supply is expected to catch up to demand before the close of 1946. Price boosts may bring...
...Rise in Wheat. The rise in wheat was equally spectacular. Cash wheat in Chicago, at $2.18¼ a bu., up from $1.97, was the highest since 1920. Even with the bumper crops expected this year, most grain traders think that wheat will stay up there because of the world demand. Moreover, farmers were having a tough time getting their grain to market. The shortage of railroad cars had forced many of them to pile it up in the open fields alongside the tracks (see cut). At week's end, drenching rains had spoiled half the grain stored in some...