Word: peakes
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Dates: during 1930-1939
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...year-end statements is inventory position. Last week, reviewing statements from 100 leading corporations (all having inventories of $1,000,000 or more), Manhattan's National City Bank found cause for optimism: their inventories were off an average of 10% from a year ago, 15% from the peak of the Depression II inventory glut in September 1937. Both in its evidence and its opinion. National City thus reflected the virtual consensus among businessmen that the inventory problem, so severe year ago, is now well in hand...
...TIME'S Index reached its high point in February, five months before the F.R.B. Index of Industrial Production and seven months before stock prices reached their last dizzy peak. The TIMEline did indeed give the "first evidence" in that year of high and misguided hopes-but speculators, who might well have gotten out of the market after the TIMEline's sharp drop in April, would have missed the 30 to 40 point rise that took place subsequently. Chart readers would have noted that the TIMEline in September 1929, before the market crash, broke through its previous bottom (made...
...refuge for many out of work, and the nine-year loss was soon more than recovered. As business improved, public policies of various kinds have helped to prevent another net reduction of the farm population, and the current estimate for January 1, 1938, is not far below the prewar peak of about 32,100,000.New Pressure Needed
...announced that it had sold 83,000 more cars to its dealers in the final quarter of 1938 than they had sold to customers. This was almost the same surplus as marked the final quarter of 1937. But there is a difference: Year ago dealer inventories were at a peak of 425,000 new, 800,000 used cars; last week, according to Detroit estimates, they were relatively normal-300,000 new cars, 450,000 used...
...Congress to put up more Relief money. Harry Hopkins last week showed no desire to raise his rolls. Instead, he announced that in the week ended December 10, WPA's total of dependents fell 45,514 to 3,139,045, having declined for five successive weeks from a peak...