"Oversupply" Quotes from Famous Books
... hold goods very long. Eastern shippers seemed, by a curious unanimity, to send out many consignments of the same scarcity. The result was that the high prices of today would be utterly destroyed by an oversupply of tomorrow. It was thus to the great advantage of every merchant to meet his ship promptly, and to gain knowledge as soon as possible of the cargo of the incoming vessels. For this purpose signal stations were established, rowboat patrols were organized, and many other ingenious ... — The Forty-Niners - A Chronicle of the California Trail and El Dorado • Stewart Edward White
... the gates more or less according to the quantity of water required, and closes them carefully at night, in order to avoid all possible danger of an oversupply running into the canal, or the water would soon overflow it and inundate the surrounding country. As a great portion of Holland is lower than the level of the sea, the waters are kept from flooding the land only by means of strong dikes, or barriers, and by means of these sluices, which are ... — Hans Brinker - or The Silver Skates • Mary Mapes Dodge
... of economic factors did not exist in the 1760's. The European market could not absorb continued annual increases in the good, cheap tobacco Virginia produced. Prices fell. With an oversupply of tobacco in the warehouses, English and Scots merchants limited further credit extensions and called for repayment of long-outstanding loans. Within Virginia the centers of tobacco production shifted from the ... — The Road to Independence: Virginia 1763-1783 • Virginia State Dept. of Education |