Word: lb
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Dates: during 1950-1950
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This week Dean Acheson received a joint protest from 14 Latin American envoys, assured them that the U.S. was still their good neighbor. Senator Gillette's forthright recommendations seemed likely to be modified or shelved. As long as coffee sold in U.S. stores around 77? a lb., the latinos would continue to enjoy what one cynical ambassador had called "a Marshall Plan...
...natural rubber prices rose, Indonesian growers hoarded their rubber; they not only distrusted their drastically devalued native currency (TIME, March 27), but they thought the price of rubber might go even higher. It did. Natural rubber bounced from 15¼? a lb. on the New York futures market last October to 34½? this month, a 22-year record, and forced tiremakers to boost prices...
That moved the State Department into action. Last week the department told Indonesia and other rubber producers that the U.S. is increasing its production of 18½?-a-lb. synthetic rubber by 85%, expects to be turning out 420,000 tons a year by July...
...score: ab r h po a e Foynes, cf 3 0 1 3 0 1 Caulfield, lb 3 0 1 5 0 0 White, ss 4 0 1 2 4 2 Crosby, c 4 0 0 7 0 0 Akillian, lf 3 0 1 2 0 0 Walsh, rf 2 1 1 2 0 0 Huntington, 3b 4 0 1 0 1 0 Cavanaugh, 2b 2 0 0 2 1 0 aCarmen 1 0 0 0 0 0 Young, 2b 0 0 0 1 0 0 Turner, p 2 0 0 0 2 0 bReilly...
...cash in on the high unofficial gold prices, yet not break the fund's rules against selling monetary (24-karat) gold at premiums, it began selling premium-priced 22-karat gold in the form of crudely made goblets, statuettes and other "artistic" trinkets, e.g. spoons weighing ½ lb., that were ideal for hoarding...