Word: sky-high
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...commodity prices, which have risen sky-high in the last six years, cracked last week. Down, with a resounding crash, tumbled King Cotton. On Tuesday cotton futures fell as much as $2.05 a bale. Next day they flopped $10 a bale, the maximum under exchange rules. In the next two days, prices continued to plummet, $10 a day. On Saturday, the panicky New York Cotton Exchange closed. Chicago and New Orleans followed suit...
...might drop even lower, and the British might have to take a whopping loss on the rubber already bought for 23½ ?. To Wall Streeters the moral was plain: if the price of crude rubber, once among the scarcest of commodities, could drop so quickly, how long would the sky-high prices of other "short" commodities stay...
...above 1942, did not know whether to cheer or tremble. Higher prices might easily reduce its sales to a point at which it could not make money with its increased break-even points. Shortages could turn into surpluses with surprising speed in the face of a market contracted by sky-high prices...
...Frank Buchman, sexagenarian Oxford Group leader who returned to England last spring after seven years' absence, was now reported sitting on an Alp. The perch: Switzerland's sky-high Caux. The shelter: a former luxury hotel. Buchmanites had bought it and were aswarm there for a big postwar drive. Reported one of them happily: "The people of the neighborhood seem pleased...
...along British lines. The difference is obvious in the conversation of the people. In England one talks about the difficulty of obtaining enough with the limited ration coupons allowed the individual. In France, one talks about the difficulty in obtaining enough money to buy things in the face of sky-high black market prices...