Word: headway
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...flocking back to the counters; the downward sweep of the long-delayed normal summer slump seemed to be flattening out. Best buying was in the Midwest and on the Pacific Coast. Said D. & B.: ''No small part of the maintenance during the last few weeks of the headway made during the spring and summer months is attributable directly to the relentless enterprise of the NRA. . . . There has been no abatement in the rise of employment." Also released last week were figures on the output of two important consumer goods: U. S. factories in August produced 236,400 automobiles...
...Italy, his superior, Nationalist Generalissimo Chiang Kaishek, made truce with Japan (TIME, June 5). Since then Japanese have loudly applauded Chiang's ''reasonableness," confessed their "satisfaction"' with the attitude of Huang Fu, chief of the North China Political Council. Japanese diplomacy was making rapid headway among Nanking officials. Pacific-minded Premier Wang Ching-wei took over the Foreign Ministry. But last week there was tense anticipation in Nanking. Across the Pacific steamed the S. S. President Jefferson bringing home able Minister Soong, famed for his uncompromising policy toward Japan. Japan cocked a belligerent...
...system became the largest single holder of Treasury obligations last year when it bought nearly a billion dollars worth at an average of $100,000,000 per week in an effort to expand commercial credit. Its heavy buying ceased in August when its easy money policy failed to make headway against deflation. Under the new inflation law the system may buy up to $3,000,000,000 more of "governments." Last week's small start, Secretary of the Treasury Woodin explained, was simply "to inject life into the market...
...effort to give graduate nurses shorter work days with increased pay and yet seem to reduce nursing charges to patients last week showed headway throughout the nation. Nineteen hospitals in seven States were trying out the scheme. Private nurses now normally get $6 for a twelve-hour tour of duty in a hospital ($8 in homes), or 50? an hour. In addition in many hospitals the patient pays a variable amount for his nurse's meals. The experimenting hospitals have put their nurses on three eight-hour shifts a day. One of them pays $5 a shift...
Michigan, first important state to suffer a banking collapse, last week was the first to make headway out of its troubles-under the spectacular leadership of none other than Henry Ford, foe of all bankers. Three weeks ago when Michigan's Governor Comstock closed all banks in the state, Mr. Ford had $7,500,000 in Union Guardian Trust Co., $22,000,000 in First National (TIME, Feb. 20, 27). After the shut-down the Detroit bankers began to scratch barren ground for new capital with which to reopen Guardian National Bank and First National. Finally the bankers betook...