Word: scale
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Dates: during 1930-1939
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...last week the public swooped into the market and whirled it up and out of control with buy-orders. Oldtime operators implored amateur speculators to be cautious, recalled that in 1896 on a shortage scare in India wheat climbed almost perpendicularly from 5 3 (Ho 94/. only to scale down again. "The advance is too rapid to be sound," they kept repeating to a public that did not want to hear. For was not the Farm Board bulling the market and Arthur Cutten predicting "Dollar Wheat...
...Princeton graduate student (on a National Research Council fellowship) purchased the chief sinew of an invention, demonstrated publicly for the first time last week, of which President Karl Taylor Compton of M. I. T. says: "[It] opens up the possibilities of transmutation of the elements on a commercial scale...
Brotherhood leaders in Cleveland expressed surprise when informed that N. Y. C. was negotiating directly for a lower wage scale. Technically, railroads contract with the national organizations for their union labor. The reduction must be voluntary, under the law. If the railroads attempt to force a cut on employes, the entire issue will be thrown into the lap of the U. S. Board of Mediation for settlement...
Ford Cut. Dramatic was the scene at the White House in 1929 when Henry Ford rushed forth from a conference with the President to announce that, instead of cutting wages, he would up them $1, to $7 per day. Now the Ford wage scale is back again to the $6-per-day level. The company's "emergency dollar'' in 22 months added $35,176,101 to the payroll...
...National Association of Manufacturers added weight to the optimistic side by publishing its annual trade survey. Questionnaires had been sent to companies in more than 20 industries. Of 800 replies received, 58% pointed to busy winter prospects; 54%, of the responding concerns had either maintained or raised the wage scale. Eight industries actually showed gains over 1930. These were automobile accessories 14%, chemicals 11%, electrical 18%,, leather 27%, paper & pulp 14%, rubber 25%, stationery & printing 9%,, textiles 17%, miscellaneous...