Word: ups
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Dates: during 1940-1949
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U.S. airmen were not worried about the Brabazon; they thought it too big, slow' and expensive. But the Comet was a bird of a different feather and stood an excellent chance to cut into the transport market now dominated by U.S. planemakers. As one U.S. airman said: "America is...
At war's end, the British aircraft industry gave up any immediate hope of turning out the best conventional airliners in the world. It left that to the U.S., which in wartime had concentrated on bombers and transports (easily convertible to commercial use) while Britain bore down on fighter...
Nevertheless, the threat was enough to cause U.S. planemakers to sound an alarm. They had no commercial jet planes under construction, or even on order, although their drawing boards were full of sketches. U.S. airlines could not afford the immense cost of a new transport estimated as high as $50...
But last week the lowly onion was back with a rush; it was the hottest commodity* on the exchange and had pushed aside such heavily traded commodities as butter & eggs. Hour after hour, shirtsleeved brokers bid high & fast fof November futures, sending the price of a 50-lb. sack up...
What started the onion boom was a Government forecast of a short crop-27.2 million sacks v. 31.6 million last year-and a trader's hunch that the Govrnment forecast was too high. As he started to buy, traders who were caught napping two years ago when a short...