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...Reserve Member banks were near the peak set at the end of 1936 but the turnover (ratio of checks drawn to deposits) was at low ebb, 11% under the norm for 1935~37. Power output rose to a new 1938 high, General Motors recalled 24,000 men to its Flint plants, and department-store sales all over the nation were off only 3% from the same week a year ago as compared to 14% fortnight ago. Summarizing such statistics in his weekly press conference, Secretary of Commerce Roper, more sanguine than most industrialists, concluded that they marked a steady continuance...

Author: /time Magazine | Title: STATE OF BUSINESS: Processes of Recovery | 9/19/1938 | See Source »

...digger of 37 who now commands the Oriental Institute's Megiddo Expedition, was back in Chicago with news that he had penetrated the site down to bedrock, through 20 culture levels dating back to 3,500 B. C. Beneath the oldest level was a stone age cave containing flint instruments and bones. At the 19th level the excavators found a flagged paving in which drawings of horned animals and men had been cut. At the 18th level was a stone fortification wall 15 feet high and 24 feet wide, which indicated that there might have been fighting at Armageddon...

Author: /time Magazine | Title: Science: Armageddon | 8/8/1938 | See Source »

United Automobile Workers' President Homer Martin last week addressed the following letter to Michigan's State Relief Administration: "It has come to our attention that our Flint welfare director, while receiving pay from the international union, has also been receiving welfare from the Emergency Relief Administration. . . . We have asked for and received the resignation of this...

Author: /time Magazine | Title: RELIEF: Welfare | 5/30/1938 | See Source »

With most returns in, it appeared certain last week that Progressive candidates had lost often enough to weaken Homer Martin's prestige considerably. In Flint, Mich., focal point of the General Motors empire, with 30.000 union members, the Martin forces won their only important victory. Martin and Frankensteen took the stump personally, and their ticket was returned by nearly 2-to-1. But Detroit's bustling West Side local, with another 30,000 members, re-elected Unity Leader Walter Reuther by 4-to-1. Roland J. Thomas, president of the Chrysler local, a vice president of the international...

Author: /time Magazine | Title: National Affairs: Gears Ground | 4/4/1938 | See Source »

During the year, the Museum received 119 accessions, including about 2000 ethnological and archaeological specimens other than flint implements and potsherds, and 676 photographs and charts...

Author: NO WRITER ATTRIBUTED | Title: MAN AND HIS CULTURE IS SUBJECT OF STUDY | 12/13/1937 | See Source »

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