Word: detroit
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Dates: during 1930-1939
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President Grace made some other matters equally clear. He put cost savings on continuous mill production at $6 to $8 per ton of sheet and strip, added that Steel's hard-boiled Detroit customers have now chiseled every last cent of this profit out of the steel price, admitted that the sale of the balance of 1939 auto steel going at May's cut prices (TIME, May 22) was more a pious hope than the gloomy admission it sounded like...
Actually, although Eugene Grace did not say so, the auto industry, knowing that steel is overproduced, is demanding further price cuts as an inducement to order enough future steel to keep steel production going. Steelmen were again cursing their favorite customers from Detroit...
...model business). Sam Goldenberg is vice president, directs the factory. Bill Bibichkow is treasurer and directs model design. He is proudest of Comet's crack designer, 26-year-old Carl Goldberg, who won five of the six first places in the National Aeronautic Association model contest at Detroit last month, brought three cases full of trophies along with him when he gave up his amateur standing and went to work as a professional model builder...
...Hugh Dillman (once Mrs. Horace Elgin Dodge), vice president of the Detroit Symphony, has given it some $1,000,000 in 20 years, but this year felt obliged to reduce her contribution from $50,000 to $30,000-top donation in the drive. Moreover, the Symphony has sadly missed its late, lionized Conductor Ossip Gabrilowitsch, whose successors, Coconductors Victor Kolar and Franco Ghione, are competent but barely kittenized...
...capacity, then to 60%, its 1939 high, and the trade predicted 65% operations yet to come. This continued a June trend: ingots were still being stacked up in anticipation of rush orders from the auto industry late in the summer. After Labor Day it may turn out, however, that Detroit's fall steel needs are being filled...