Word: wool
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...until last week. At the Printemps department store, a sort of French Macy's, Parisian women who used to snigger at British "tow sack" styles were causing a mild riot, buying English dresses almost as fast as they could be shipped in, despite a 52% French duty. The wool dresses were ordinary, low-priced utility numbers that could be bought off the peg in modest shops in Birmingham or Liverpool. In Paris none sold for more than 10,000 francs...
Starting his 30th year as a history instructor, Colonel Bishop,* at 58, is wise enough to know that one well-communicated idea can stimulate more thinking than an hour packed with cotton-wool fact. To that end, he asks his cadets to find parallel situations between current world affairs and what they have learned in history studies...
...mina, mo"; and Westmorland's hevera,devera,dick (eight, nine and ten) is the most likely origin of "Hickory, dickory, dock." In the 18th Century, "Hot Cross Buns / One a penny / Two a penny" was a street vendor's cry. "Baa, baa, black sheep / Have you any wool?" probably dates back to the export tax imposed on wool in 1275. The "Four and twenty blackbirds, baked in a pie" goes back to the Renaissance, when live birds really were put in pies, ready to fly out when the pie was cut, to cause a "diverting Hurley-Burley amongst...
Retail prices of wool products were already feeling the drop. J. P. Stevens & Co., one of the largest wool fabric producers in the U.S., announced the first big cut in wool textiles; it shaved some of its spring line prices from the year's high, and many a wool user, such as men's suit makers, who had been threatening price rises, now considered cuts in their lines for next spring. U.S. carpet men, loaded with big inventories, have cut prices 20% since spring, and last week the biggest of them, Bigelow-Sanford, announced a third-round...
...drops of such spectacular leaders as wool, rubber and cotton, thanks to increased supplies and an end to scare buying, pushed the Dow-Jones spot commodity index almost back to where it was at the start of the Korean...