Word: offing
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Dates: during 1920-1920
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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.
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...
The reaction came, however, about the first of 1920, when the public finally decided that it had had enough. Demand fell off almost overnight and merchants found themselves with much merchandise and little trade. Wholesale business came to a standstill in many lines. Prices began to fall on raw materials...
In spite of these cuts in wholesale figures retailers are making a desperate effort to keep retail prices up until they can "unload" their present high cost stocks on the public at "old.prices."
Twenty upperclassmen and seven Freshmen reported Monday afternoon at the first meeting of the Gym Team. Captain Kenneth Campbell '21 and Coach Seikel greeted the new men and the plans for the season were discussed. The meeting ended with a short practice for the more experienced material.