Word: twentyfold
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Dates: during 1960-1969
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Limiting Exports. Builders blame the price problem not only on heavy domestic demand, but on rising exports to Japan, whose timber purchases in the U.S. have increased twentyfold since 1960. Last year the Japanese bought enough lumber to erect 40% of the U.S. output of one-family homes. In response to complaints that numerous small lumber mills as well as price stability have been imperiled, Congress last fall sharply limited exports of lumber harvested from federal forests. But prices have continued to rise, partly because of severe winter weather in the Pacific Northwest and the recent East Coast longshoremen...
...first time. A new U.S. Department of Agriculture "doublecross" hybrid has made Kenya self-sufficient in corn. In Southeast Asia, the newly developed IR8 rice strain has been tested in Thailand, South Viet Nam, Indonesia, Burma and the Philippines and in some cases increased the annual yield twentyfold. The world's food experts are taking heart, though the sense of urgency remains...
Shulman condemns most conventional, long-term investments and tempts his readers to speculate. "Unfortunately," he says, "longterm is not too important to us because we humans are short-term." He repeats the obvious: the key to quick gain is to use leverage-to multiply, as much as twentyfold, the purchasing power of each investment dollar. He speculates in the commodities market because it offers 1) wide price swings and 2) minuscule margins-the buyer puts down as little as 5% and borrows the rest...
...Netherlands, this fall will open another in Scotland; later this year, U.S. Time will begin producing Swingers in Scotland. One indicator of Polaroid's foreign potential is that in camera-heavy West Germany, despite higher prices than in the U.S., sales of its cameras this year have increased twentyfold...
...struggling knitting mill in 1956 was to begin selling seamless nylon stockings in supermarkets for 750 a pair−half the standard price. Today, every other pair of women's hosiery sold in West Germany is made by his firm, Schulte & Dieckhoff, whose sales have increased twentyfold in the past nine years, to $90 million...