Word: wool
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Dates: during 1940-1949
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...experiment designed to 1) improve wool clips, 2) find new uses for cotton, 500 cotton coats (at 90? apiece) were shipped to Wyoming this week to be worn by sheep as a protection against post-shearing cold. Feature: like maternity dresses, the coats may be let out for lamb-heavy ewes...
...Index of 28 spot prices jumped 4%. By Sept. 5, when England and France were in, these speculative prices were up 14% over August's average, by Sept. 22 they were up 27%-to a World War II high. The sharpest rise occurred understandably in import necessities: wool tops up 50% in two weeks, shellac up 74% in three. The more representative all-commodity index, reflecting industrial as well as raw commodity prices, reached a peak at 79.5, up only...
...index of 28 spot prices was only 5½% above August 1939, lard and hides were down over 35% from World War II's high, wool tops and wheat down 20%. Ten of the 28 commodities were selling under pre-war prices...
...case of wool, the full effect of the 25% price rise in raw wool was aggravated by lack of capacity for converting it into wool tops, from which worsted fabrics are made. Result: wool top prices rose considerably more than raw wool. By November, the pressure was moving onto the dyers and apparel makers, whose prices are so far little changed. The woolen industry planned on raising prices to apparel manufacturers by 10%, if the Army wanted to outfit 1,300,000 men. The industry talked of doubling the price increase and of rationing civilian supplies as well, if orders...
Textile Economist A. W. Zelomek forecast as much as a 15% price increase in goods made from virgin wool, a 5% increase in goods made from reworked wool...