Word: weekes
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...Last week the automobile industry faced 1930 with the opening of the New York Automobile Show. Although 1929 was a record smasher with 5,700,000 cars made (estimate by Standard Statistics), it was, as all the world now knows, a turbulent and unhappy one for the manufacturers. Customer dissatisfaction during 1929 failed to keep pace with offerings. To the trials of overproduction have now been added the hazards of a possible business recession...
...using it on all nuts and bolts and many driving parts. Because not many steel companies possess Rustless Steel patents and equipment, the new demand caused great activity among those few. Central Alloy, for example, which together with Ludlum and Crucible shares the Krupp Stainless Steel patents, reported last week that this division was 14 weeks behind schedule...
...TIME, Dec. 2) was meaningless because of the number of men laid off were less sure when they learned that the payroll, reduced during retooling for the new model, was increased at the rate of 600 to 700 men a day as soon as production began again. Then last week the Ford Co. announced that its 1930 expenditures will exceed $30,000,000 making it obvious that the Ford product during this year will be more than ever a serious problem to its competitors...
...conditions" and "satisfactory" production. General Motors' Alfred Pritchard Sloane Jr. said that he saw eventual stabilization at 5,500,000 cars a year, was careful to stress the fact that his company has very diversified manufacturing interests. Standard Statistics in a five-year forecast of the industry last week predicted a future annual production of 5,200,000 cars, 500,000 less than last year, then said the future of the automobile industry "depends upon the disposition of the American automobile users, in the future as through the past, to continue to be the most 'wasteful' class...
Often was this story repeated last December (TIME, Dec. 16) when William Fox turned over the management of his cinema business to his bankers and creditors, Halsey, Stuart & Co. and American Telephone & Telegraph Co. Last week, however, it appeared that Mr. Fox was not altogether willing to admit that the bond house and the utility company were in the cinema business. Some of Mr. Fox's stockholders seemed more gravely concerned than ever about their equities in the Fox companies. These stockholders, indeed, threatened a receivership and thereby produced not only a decline in Fox securities but a general...