Word: boomlets
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Explanation of this pioneering boomlet : Every S. S. is guaranteed to do between 85 and 90 m. p. h., between 20 and 25 miles per gallon, comes equipped with extremely low-slung English four-seater bodies having slide-open "sunshine roofs," cocktail trays opening behind the front seat and other Mayfair niceties. Finally an S. S. has won the premier award at every Concours d'Elégance Automobile held for the past four years in Cannes, Deauville and Biarritz...
...week for the first time set itself up as a dealer in municipal bonds. Public Works Administrator Ickcs has on his shelves some $58,000,000 of such securities which he bought to finance labor-making projects. Like any smart bond dealer he saw in the present municipal bond boomlet a fine opportunity to turn over his capital. Last week while financial sections of the Press blossomed with municipal bond advertisements, Bond Dealer Ickes offered for public sale his first batch of PWA municipals...
...resigns. Mr. Gates believed in vertical unions, rather than the oldstyle horizontal unions of the A. F. of L. Sept. 26-General Johnson retires to a hospital for four days with a boil, rises to fly 17 more codes to Manhattan for the President to sign. Oct. Q-Summer boomlet ends. "Buy Now" campaign is rushed into the breach. Oct. 10-With strikes still pocking the nation from coast to coast, General Johnson warns the A. F. of L. convention: "The plain, stark truth is that you cannot tolerate the strike. . . . Public confidence will turn against you!" First crackdown...
Aware that the whiskey boomlet could not possibly continue long, vast National Distillers Corp. magnanimously promised: ''The man on the street who is finding legalized drinking too expensive is going to get a break. We will soon have ready some whiskies to sell to the consumer at $1.50 a quart, exclusive of state taxes. Both straight and blended whiskeys will be produced at this price level...
...that between June and September the industry had raised its average wages per hour 19.9% (from 52.8? to 63.6?), had decreased the average work week 16.8%. Discouraging spot on the Institute's report came in tabulating production figures, calculated from June 17, at the beginning of the summer boomlet. Since that time the industry's operating schedules had declined from 47% of capacity to 44%. But since Aug. 15. said General Johnson, finished steel prices had increased from 1.979? per Ib. to 2.015?. Pig iron had risen from $15.94 per gross...