Word: consumerized
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Talk can jar markets, but it cannot stop a credit inflation. Base of U.S. credit is the excess reserves of the national banks which today total about $5,000,000,000, theoretically enough to blow up consumer purchasing power by at least another $35,000,000,000. Under the Banking...
> Biggest consumer is the paint & varnish industry. Best paint is made from relatively costly, drying linseed oil. Soybean oil is semi-drying, always leaves the paint film slightly sticky. But, mixed with linseed oil, soybean oil makes a cheaper paint good for many purposes. Chemists recently learned how to treat...
U.S. railroads loaded 912,000 freight cars in the Aug. 30 week, a new 1941 top. This week they start the final climb to the October seasonal peak. Power output hit 3,233 million k.w.h., highest ever and 18.2% above last year. As the Eastern gas shortage grew less fearsome...
To civilian producers, SPAB and Regulation No. 1 make priorities more a matter of life-&-death than ever. But from the new system they may expect a break that Ed Stettinius' aimless methods never provided. Donald Nelson, who will run priorities for SPAB, believes that it is as important...
Radio manufacturing has recently looked like the first U.S. consumer industry to take the guns-v.-butter dilemma in its stride. Although it faced a 75% cut in its normal business and already felt the metals shortage, Bond P. Geddes, executive vice president of the Radio Manufacturers Association, last fortnight...