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...week was not revealed. But, with the exception of Post employes thrown out of work, all affected by the deal were well pleased. The Post had 48,000 circulation when "Snake" Ames acquired it. Its advertising lineage for the month previous was 365,000. By last September circulation had shrunk to 37,000, lineage to 125,000. More than half the personnel was union labor whose salaries could not be cut more than 10%. Moreover, the costly A. P. franchise had to be maintained...

Author: /time Magazine | Title: The Press: Lorimer for Curtis | 11/7/1932 | See Source »

Though the cost of living has gone down 20%, the National Industrial Conference Board computes that the U. S. wage-earner's weekly pay envelope has shrunk 27.3% in real purchasing power. Despite this shrinkage the wage-earner has been able to buy more meat for his platter. Last week the Institute of American Meat Packers announced that total meat consumption was up for the first half of the third Depression year. Though less beef and veal went on the U. S. platter, pork consumption was up 152,000,000 lb., lamb up 13,000,000 lb. Last year...

Author: /time Magazine | Title: Business: Meat Eaters | 8/29/1932 | See Source »

...bank statement. This big statement showed that all national banks had resources totaling $22,368,000,000, a decline of over $2,294,000,000 since the last year end. Deposits were $17,461,000,000, a drop of $1,783,000,000. Loans and discounts had shrunk $1,639,000,000 to $10,282,000,000. National banks held $3,352,000,000 of Government securities, one-sixth of the total U. S. debt. Of cash and balances with other banks including the Federal Reserve they had $3,445,000,000. Depositors maintained 14,150,000 savings accounts...

Author: /time Magazine | Title: Business: Large Statement | 8/22/1932 | See Source »

...Cleveland Clinic nor Surgeon Crile had so much money to disburse. Dr. Crile's personal fortune at its peak approximated $2,000,000. Last week it was reputed to be closer to $100,000. The fortune of Mrs. Crile's family, the Cleveland McBrides, has also shrunk. McBride money was largely in textile enterprises...

Author: /time Magazine | Title: Medicine: Crile Claims | 8/8/1932 | See Source »

...sped up a National City Bank loan (TIME, Jan. 25). He showed statistically how U. S. private loans to 16 European nations with a par value of $1,667,562,000 had depreciated 43% to $925,559,000, how $1,600,000,000 invested in South American securities had shrunk to a cash value of $422,000,000, with $815,468,300 in actual default...

Author: /time Magazine | Title: National Affairs: Out Bursts Johnson | 3/28/1932 | See Source »

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