Word: stocked
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Dates: during 1940-1949
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...18th Century Chateau de Bossey, which overlooks Lake Geneva, the Executive Committee of the World Council of Churches met last week to take stock of the world organization which was launched at Amsterdam last August. The committee also found time to denounce "the threats to man's rights and freedom which openly or covertly seem to be developing in every part of the world...
...also gave the public a clue to the income of the famed Du Pont clan. Christiana, formed in 1915, is in effect the Du Pont family's own investment trust, in which the Du Ponts own or control 79,859 shares. Christiana owns 27.42% of the common stock of E.I. du Pont de Nemours & Co., which, besides making explosives and Cellophane, owns 22.67% of General Motors and 60.17% of Remington Arms...
Christiana is the highest-priced stock on the market. It was quoted last week, over the counter, at $3,005 bid, $3,055 asked. Even at that price, it seemed to be a bargain. By buying a share of Christiana, an investor would indirectly own 19½ shares of Du Pont stock, almost three shares more than if he had spent the same amount of cash to buy Du Pont stock...
Stampede. There was also trouble in the cattle market. As grain prices dropped, cattlemen unloaded their stock. Kansas City's stockyard bulged with the biggest shipment of grain-fed cattle in its history-and beef prices tumbled. Choice grades of beef which had brought a top price of $41.60 a hundredweight last summer were offered for as low as $25, only $6.25 above OPA levels. Hogs slumped $1 to $20.50, lowest since October 1946. But at the start of this week, both livestock and grains firmed...
Though housewives were delighted, businessmen, remembering the 1920 collapse, worried that the commodity slump might get out of hand. Though stock prices fell again last week, putting the Dow-Jones industrials below their post-election lows, there were few other signs of a widespread price drop. The Bureau of Labor Statistics' general index of wholesale prices (food, metals, textiles, etc.) had changed little in a month. The storm, as yet, had blown only on the farms...