Word: tiring
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...serve without pay; a bank charging only the " legal rate for interest on loans," without affiliated or subsidiary companies; in short, a " bank owned by the people at large," is the announced project of William C. Durant, spectacular motor financier. Its doors will open on 57th Street (near the tire and motor buildings of Broadway, Manhattan), and it will be known as " The Liberty National Bank...
...improved financial position of the U. S. Rubber Co. is apparent from its recent statement for the six months ending June 30. Total sales of $87,710,205 were reported, a gain of $13,776,434 over sales for the first six months of 1922. Tire sales constituted only a third of this 1923 figure, and several conditions in that industry were reported as unsatisfactory. The long Winter, however, increased the sale of rubber footwear, while the industrial revival also aided sales of rubber mechanical goods...
...Tires? The five-year rumor that Mr. Ford would enter the tire business was revitalized by Wall Street suggestions that he was in the market for cotton mills which could be used to make tires. An offer was made for the Langley Cotton Mill at Langley, S. C., but Mr. Langley said that " so far as he knew," Mr. Ford was not in that picture...
Manufacturers of automobile and truck tires are conducting a special deflation of their own. Even the United States Rubber Co. has announced an 11% reduction in pneumatics, and a 10% cut in solid rubber truck tires. Practically all the principal American tire companies have now lowered their prices in the same proportion...
...sudden increase in motor sales this spring largely caused the increase in tire prices. The ensuing price reduction is in part seasonal, since the heaviest tire sales always occur in the spring and demand slackens by July. But it also indicates that, despite the enormous output of motor vehicles this year, the tire makers have more than kept up with them...