Word: offsets
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Dates: during 1940-1949
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...tons. Yet when 600 steelmen came to Washington in November, OPM's Arthur Whiteside estimated their 1942 production at only 82,600,000 tons-200,000 tons less than output in 1941. For by then a new shortage had arisen that would more than offset the capacity increase: a shortage in steel's own raw materials, especially scrap...
...employees-gives them one-half of all company profits. Distributions (50% cash, 50% U.S. Defense Savings bonds) will be made every three months on the basis of the preceding quarter's earnings. Beech thereby expects to generate enough worker cooperation and efficiency at least to offset the cost to the stockholders...
...eyed by the Japanese. This autumn they acquired the right from the Portuguese to fly a commercial airline there. Dutch and Australian troops marched into Portuguese Timor last week over the protest of local Portuguese authorities. But even this little triumph was fraught with political hazards which might eventually offset the military advantage...
Although all-out defense will ultimately force; production still further upward, the tapering off of non-defense industries may offset it for a while. Some of them are being cut off short. Last week OPM's tire ban ended for a time the bulk of the civilian sales of the rubber industry (200,000 employes, 200,000 tire outlets). The new auto quota cut foreshadowed no new passenger cars after Jan. 31. Washing machine output (7,000 employes) was cut to one-third of last year's; makers of juke boxes, pinball machines, coin scales, etc, (about...
...offset the expected sales decline, both houses have reduced forward buying almost to a standstill. Until last April both were buying in slam-bang fashion, were taking commitments two years ahead (normal: three to five months). Then Sears began slowing down. Montgomery Ward woke up two months ago to find its inventory at record heights, its forward commitments 80% above normal. It began buying only for replacement...