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...present enjoying a boom in Mincing Lane. Russia is beginning to buy once more. British per capita consumption has increased 30% in ten years, and a heavier demand has sprung up in the U. S., Canada, New Zealand, India, Arabia and even along the Persian Gulf. Last year's tea-crop was 457,000,000 lb., 90% of it from India and Ceylon; yet demand threatens to outrun supply, and English stocks are weak. From the tea industry's standpoint, U. S. consumption is particularly interesting. In this country, the average family consumes only five pounds...

Author: /time Magazine | Title: Business & Finance: Tea | 9/29/1924 | See Source »

During the War, European macaroni was practically unobtainable here, and the U. S. industry grew. By 1920 there were 450 producers with a production of about 450 million pounds, while our imports fell to only one million pounds. Meanwhile, per capita consumption here had risen slightly from 3.9 pounds to a little over 4 pounds annually...

Author: /time Magazine | Title: Business & Finance: Macaroni | 8/11/1924 | See Source »

...proportion borne by these city debts to the population shown by the per capita debt figures, gives an idea of the comparative expensiveness of different city administrations. New York leads with a per capita debt of $193.46, followed by Los Angeles with $178.51; Cleveland $147.72; San Francisco $130.29; Detroit, $128.28; Baltimore $116.85; Philadelphia $110.63; Boston $109.77; Buffalo $101.51; Pittsburgh $95.10; Chicago...

Author: /time Magazine | Title: POLITICAL NOTE: City Debts | 7/21/1924 | See Source »

...features of these city debts are often overlooked: first, the larger the per capita debt the higher rents are bound to be; and second, all the inhabitants of each city must thus pay interest and sometimes sinking-fund charges upon them...

Author: /time Magazine | Title: POLITICAL NOTE: City Debts | 7/21/1924 | See Source »

Throughout these states there were more banks per capita in 1921 than anywhere else in the country-a result of War-time prosperity on the wheat farms. Particularly under state laws, charters were issued entirely too readily. Compared with one bank to every 9,920 people in New York State and to every 6,660 people in the eastern states as a whole, Montana had a bank for every 1,370 inhabitants, South Dakota one to every 921, and North Dakota one to every 768. The capitalization of these mushroom northwestern banks was also very small. South Dakota...

Author: /time Magazine | Title: Business & Finance: Northwestern Bank Failures | 7/21/1924 | See Source »

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