Word: wool
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...centuries passed, these mystical Moslems became known as sufis (from their garb of suf, or undyed wool). They were loosely organized around leaders, or saints, who sought from the Koran not learning, but direct "experience...
...lines, the consumer was momentarily king and could still drive bargains-well below list prices-for refrigerators, washing machines, TV sets and even some makes of new cars. For the ninth consecutive week, the Government's index of wholesale prices had dropped, mainly because of shakeouts in commodities. Wool had skidded to $2.15 a lb. compared to $3.80 five months ago. Cotton men, who screamed early this year that if cotton were frozen at 45? a lb., their profits would disappear, were now glad to sell for 35?. Result: the big makers of bed sheets last week cut their...
...mostly country boys, some as young as 14, every one with a good Mauser rifle (a few had automatic rifles), a revolver, a machete, a knife. Commanding the bandits from San Pedro's central plaza was a lightly built man of about 25, clad in a new ruana (wool poncho). This was the storied bandit chief, Tulio Bautista...
...buying policies are also causing jitters in Australia, where high-grade wool tumbled to $2.19 a lb. at auction last week, compared to $3.73 in March. The U.S. Quartermaster touched off the market break when he stopped stockpiling wool for uniforms. The Australians, are also faced with a new threat to high wool prices. Defense Mobilizer Charles Wilson said that the Government might promote a big synthetic-wool industry by granting tax advantages for expansion to Du Pont (Dacron), Union Carbide & Carbon (Dynel) and other makers of wool substitutes. Such a program could eventually make the Merino sheep as obsolete...
...conference has one big weakness: its committees are just fact-finding bodies with no power to force an agreement. Some nations which have shouted the loudest at the U.S. grab for raw materials have stalled the conference while they did some grabbing of their own. The wool committee has been deadlocked for weeks because Australia, which produces more than 25% of the world's wool, will not pool its wool and sacrifice the fancy prices it has been getting at auction. There are other complications. Britain is still shipping such strategic items as electrical and generating machinery to Russia...