Word: peake
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Dates: during 1930-1939
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After a four-month shutdown and quarrel over new contract terms, Philco re-opened part of its vast Philadelphia factory. Back to work went 500 of the 13,000 who worked there at Philco's peak. They had lost their union shop for a weaker hiring clause giving preference to union workers; their wages were cut 9? an hour for men, 7? for women; their hours were up from 36 to 40 per week...
...Crowley said FDIC was willing to raise the ante if the additional risk were "very small." Previous estimates showed that about 95% of U. S. deposits were covered by the present limit. But a new estimate is in order, now that bank deposits have risen to a near-record peak of $47,500,000,000. In any case, said Leo Crowley, he meant no reflection upon bank strength-in the first half of 1938 only 38 banks failed, of which 33 were insured...
...first eight months of 1938 brought them $1,673,913 and contracts already signed for the last four months add up to some $909,200 more. With sales for the year still going strong, MBS already has a 1938 gross under contract which betters its 1937 peak by some 13.6%, is 22.7% ahead of last year on its first eight months, ran up August revenues to top the same month last year by a staggering 70.4%. Despite a depression summer, MBS is still growing fast into the niche it has carved for itself in network broadcasting...
Similarly cautious optimism was the most that other indicators offered last week. The war scare depressed stock prices but not severely, and volume of selling was light. Demand deposits in Federal 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...
Starting from a high-altitude camp at 10,000 feet, the President was one of a party which scaled North Twin, 12,085 feet high, third highest peak in the Canadian Rockies...