Word: flour
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...goods for Britain, loading cargoes for export. With no passenger trade and with all Scandinavian and Continent traffic suspended, the port was far less bustling than normally, but workers employed (including crews) ran as high as 35,000 per day in August; warehouses were piled with grain, tobacco, flour, tea, rubber, sugar, meat, wool, timber, leather. At Tilbury Docks, which the Germans claimed to have destroyed Aug. 16, patches showed where bombs had struck but about 30 ships lay at berths handling cargo or making ready for sea. Officials admitted that as much traffic as possible had been diverted...
...companies whose profits were not up, most had been tripped by special situations. Because higher wheat prices add to flour company costs (not to hedged inventory values) Pillsbury Flour Co. net for fiscal year ending May 31 dropped 56% to $990,914. 20th Century-Fox Film Corp.'s six-month net fell from $2,325,526 to a thin $117,213 (because of heavy foreign losses, an $800.000 reserve set up against them and a string of unlucky pictures...
Plundered Larder. On the verboten list last week were placed all the meringue, almond paste and cream cakes dear to the palates of Frenchmen. A drastic shortage of sugar, flour, cream and butter caused the percentage of sweetening in cakes to be reduced to 10% of the contents, and the sale of all pastry to be prohibited on Mondays, Tuesdays and Wednesdays. In restaurants a new decree provided that neither fish nor cheese could be served with a meat meal and that meat could not be included in meals served after 3 p.m. except on Sundays and holidays. As rationing...
Vaudeville was almost dead in 1938 when Wilbert Lee O'Daniel, flour salesman, radio entertainer, composer of hymns and hillbilly songs, revived it in Texas to dramatize his campaign for Governor. In a sound truck with a speaker's stand on top, with a hillbilly band and singers, and an old-age pension slogan lifted from one of his songs ("Please pass the biscuits, Pappy!"), Lee O'Daniel won the Democratic nomination for Governor over eleven other hopefuls...
When World War II began, many Americans were 1917-wise, outsmarted themselves by buying up staple groceries in which they expected a famine. A squirrel's panic (TIME, Sept. 23) forced price rises and even trade shortages in flour, canned goods, lard, and especially sugar, which rose from 4.40? to 5.75? a pound in one week. But by last week few housewives were laying by sugar any more. And speculators wondered whether sugar is still a good short sale. The beet price had fallen to a new all-time low, just .04? below the 3.426? a pound bottom...