Word: departmentals
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Dates: during 1940-1949
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Less Work. Nevertheless, there was little doubt that business was on the downgrade. The Federal Reserve Board's production index, which had stood at around 166% of the 1935-39 average in late June, was estimated to have dropped another five points, off 34 points from 1948's...
Empty Shelves. The nation's department store sales were well below 1948 (off 11% for the week ending July 30). But some of the drop seemed to be the retailers' own fault. The Wall Street Journal took a shopping tour of 15 cities and found that many a...
Where they had cut their inventories too much, businessmen were hastily buying again. On its latest check, the Department of Commerce found that manufacturers' sales were on the rise.
Warren pinned most of the blame for overpayments on the Contract Settlement Act of 1944, which permitted Government agencies to settle contracts in full before final auditing by Warren's office. He had long advocated part payments, up to 75%, before final auditing. As it was, Warren had recovered...
Born. To Anna Eleanor Boettiger Seagraves, 22, who, as "Sistie" Dall, romped on the White House lawn in the '303 with Grandfather Franklin D. Roosevelt, and Van H. Seagraves, 26, economist for the Department of the Interior: their first child (and first great-grandchild for Mrs. Eleanor Roosevelt), a...