Word: wool
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Dates: during 1950-1959
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...peace-vulnerable aircrafts) as much as three points. This week the drop continued; in one day the Dow-Jones industnal index fell 5.93 points to 274.10. The heaviest selling began in commodities, not only on US. markets, but on Europe's bourses In the U.S., futures contracts in wool, rubber, sugar, soybean oil and grains went tumbling. In one day, the Dow-Jones index of commodity futures fell 2.69 points, biggest drop in two years...
Then the Secretary lifted his sights from dairymen to all farmers who are losing markets through Government-rigged prices. He pointed to cotton (synthetic fibers, such as nylon and rayon, now account for the equivalent of 3,300,000 bales of cotton a year) and to wool ("The public ... has been sold on suits, rugs and other products that contain high proportions of fiber other than wool"). If these price-supported industries had been fighting to hold or expand their markets, they would not have become the victims of such deep inroads from competitors...
...American" Act, plus a complete overhaul and simplification of tariff schedules, with an average rate cut of about 33%. Some 8,000 present tariff rates should be boiled down into a few clearly defined categories; tariffs and import taxes on such items as petroleum products, metals, wool and many manufactured goods, including machinery, autos and appliances, should be lowered or eliminated...
...fact, says Budu, Stalin thinks of himself as a dyed-in-the-wool conservative. He married his first wife (Budu's Aunt Keke) in church to please his mother. When a friend felt that Stalin was spanking his son Vassily (now air commander of the Moscow military district) too severely, Stalin retorted: "I'm the father of this little brat and . . . he's going to be brought up in the Georgian fashion. I'm not going to have him turn into a ruffian-like the sons of most of our high officials...
Plastic Carpet. At the Chicago Furniture Show, E. T. Barwick Mills displayed the first tufted plastic carpeting. Made of Saran, a Dow Chemical synthetic, the carpet is almost completely resistant to ink and other stains, can be washed to remove dirt, and is more resistant to wear than wool rugs. Cost...