Word: tiring
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...flat tire, first of the year, was what President Hoover's automobile got last week as it carried him from his Rapidan camp back to the White House. At the camp remained Herbert Hoover Jr. According to Dr. Joel T. Boone, Herbert Hoover Jr. has tuberculosis in its initial stage. The lung lesion is small, full recovery is anticipated. (¶To be U. S. Minister to Liberia President Hoover last week, as custom dictated, appointed a Negro, Charles E. Mitchell, business manager of the West Virginia State College for Negroes...
...fact, however unrelated, was that before the ensuing week was out leaders of the industry met and conferred and, on the one day of the week when all stocks were weakest, rubber stocks suddenly firmed, flurried higher on the glad tidings that some of the many troubles of the tire industry had been patched...
Scarcely better is the finished rubber products market. Even companies with no inventory losses have nothing to rejoice over. Bitter was the description given the U. S. tire market last week by Jules Hauvette Michelin when he announced that Michelin Tire Co., potent in Europe, will withdraw from the U. S. Said he: "Price is now decidedly the most important factor in closing any sale. The quality seems to have been lost sight of. . There is no profit for the manufacturer and no profit for the retailer either...
Another rubber item last week was a petition for receivership against Kelly-Springfield Tire Co. (Keep Smiling with Kellys). Answering that the application had not been made in good faith, Kelly-Springfield claimed it has suffered no more than any other tire company, that its present position is better than the "current assets nine times current liabilities" showing of June 30, that it earned $270,000 during July and August...
Died. Mrs. Helen Howell Garfield, 64, wife of James Rudolph Garfield of Cleveland who was Roosevelt's Secretary of the Interior, daughter-in-law of the late President James Abram Garfield; as the result of injuries received when, motoring through Portsmouth, N. H., a tire of Mr. Garfield's car blew out and they hit a telegraph pole...