Word: stilles
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Dates: during 1930-1939
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Margaret Webster finds Broadway much more exciting than London, though she protests that Broadway still reveals "an awful hangover from what the Shuberts did in 1910." Her favorite U. S. directors are Guthrie McClintic (Mamba's Daughters), Herman Shumlin (The Little Foxes), but she. has no desire to be, as they are, a producer as well. Acting, directing, adapting plays, writing a book about her family keep her pleasantly occupied...
...steel logjam break, so that Detroit can again lead U. S. business to another upturn? And, more philosophically, do price reductions pay when they don't coax new business out of hiding? Meanwhile, the copper industry demonstrated that Henry Ford's low price-big volume doctrine is still worth something. Last week, copper companies, who recently got new orders by cutting prices from 11¼? to 10¼? a Ib. (TIME, May 15), found orders again drying up. So Kennecott Copper Corp., big Guggenheim unit, cut the price to 10? and other companies followed. Result: April...
Last week old Dan Willard, eyes flashing, still insisted valiantly: "If I thought business conditions were to remain as bad as they are, I would say put us into receivership. . . . The railroads are going to :ome back again. ... I haven't lost confidence in the United States...
...American is glad to have the more active market on the Big Board, for it may be obliged to issue more shares to improve its current weak cash position. Due to heavy purchases of new planes, its cash on hand is only about $1,030,000. Though it has still to pay a dividend, American sold last week at $25, within $1.25 of its 1939 high...
...leave Spain out of his income account. Last week, he laconically reported: "The extent of damage to the properties has not yet been ascertained, but reports received indicate that a high percentage of the 346,000 telephones in service at the beginning of the civil war still remain in service...