Word: downs
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Dates: during 1920-1920
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This contest showed plainly that in the extended layoff which it has had for the last week, that the first-string men had lost none of their fight and power. The black-jerseyed men fought well, but with little success, to stem the tearing plunges of Owen and Horween. Taking...
Wholesale prices already down 20 to 25 percent will doubtless drop 15 percent more during the winter. We will see this reflected in a 25 to 35 percent drop in the cost of living.
Prices are governed by the see-saw of supply and demand. When demand is greater than the supply, prices rise until the two are equal; conversely when supply is greater than demand prices come down notch by notch until the two balance.
Back in 1914, the outbreak of the World War brought a flood of war orders that increased our normal demand tremendously. Prices rose. When we went in three years later, it not only multiplied demand once more but it took some four million men out of productive industry. Prices climbed...
They may be able to hang on--to block the readjustment until spring but not any longer than that. A few far sighted merchants appreciate the situation and are already doing everything they can to bring prices down. They will be selling low cost goods as soon as present stocks...