Word: chryslers
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Dates: during 1930-1939
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...overproduce in order to stock dealers. Overproduction of 200,000 cars would average less than five cars apiece for each of U. S.'s 41,698 dealers. Beginning of autumn, production ran at full blast. Last week it assembled 117,805 cars (against 102,905 last year). But Chrysler Corp., after its 54-day strike, has still to fill accumulated orders and stock its dealers. This may help sustain auto assemblies, regardless of January-April retail auto sales-and auto assemblies count 5.4% in the Federal Reserve production index...
...once a confession of past sins and a command to the membership to sin no more by sit-downs, slowdowns, stay-ins, rash walkouts. It was also a promise that motor-makers with unionized plants can finish their booming 1940 season without a repetition of the rash, costly Chrysler shutdown (TIME, Dec. 4). Excerpts...
...auction of modern French painting since dealers' prices in this field skyrocketed in the '203, it gave ever-suspicious private buyers a line on whether prices had been puffed up unduly. With collectors making most of the high bids, dealers were vindicated. Chunky, art-loving Walter P. Chrysler Jr. set a new U. S. auction record for Cézanne by bidding $27,500 for a sombre portrait of Mme Cézanne. An anonymous collector paid $19,000 for van Gogh's high-keyed portrait of Mile Ravoux, smeared on the canvas with a palette knife...
Other big prices: $2.500 for Rouault's The Clown; $1,600 for Modigliani's Lunia Czechowska; $3,500 for a Derain still life; $3,000 for a Redon flower piece. Collector Chrysler also bought small Picasso and Cézanne water colors for $1,350 and $1,625 respectively...
Main terms of the settlement: A board of two corporation executives, two national union officers will handle appeals from the shops, by unwritten understanding may call in a fifth arbiter when necessary. The corporation won a continued open shop, Chrysler will continue to set production speeds without consulting the union-but gripes about speeds may be appealed to the grievance board. The union succeeded in throwing out the old, ineffective ban against any & all strikes, gave an absolute pledge not to sitdown, stayin, slowdown. On wages, the union asked a general 10?-per-hour boost for Chrysler...