Word: tradings
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...decided to hold a fair trade practices conference with the automobile industry...
That the entire country is commercially going to hell in a hack is certainly not true. While generally bad, business is not equally bad everywhere, a point not generally appreciated, but brought out last week when Dun & Bradstreet published in Dun's Review a nationwide chart of trade volume at the end of January (see map). Prepared by Dr. L. D. H. Weld of McCann-Erickson, Inc., the chart was based upon Federal Reserve Board figures for bank debits, wholesale sales and department store sales, R. L. Polk & Co. figures on new car registrations, Editor & Publisher's statistics...
Where not to go now is obviously the industrial East, hardest hit section of the U. S. Because of the slump in automobiles, trade in the Detroit area was off 26% in January from January 1937. New England trade was down 21% as its rambling textile mills operated on a 3-day week. Glass, steel and auto-part mills were listless in northern Ohio. Northern Illinois trade shrank as Chicago unemployment grew. In Manhattan trade volume plumped 19% with cinemansions and department stores feeling the pessimism of Wall Street...
...quite so hard hit are the semi-industrial, semi-agricultural regions such as upstate New York and Pennsylvania. Cold blast furnaces drove trade in the Pittsburgh region down 19%. In the furniture manufacturing area near Albany, citizens felt the dearth of new furniture buying and due to that and other causes trade fell 15%. Florida's dwindling tourist influx was offset by a flock of new paper mills to keep the decline to 18%. Birmingham coal and iron mines were less active. Cotton mills in Georgia and the Carolinas, which were working overtime year ago, were generally on part...
There are 45,000 listed automobile dealers in the U. S., and most of them are upset over their relations with automobile manufacturers. Last year the American Finance Conference, a trade association of independent automobile finance companies, inspired a Department of Justice investigation of the trade practices of the four factory-affiliated finance companies which do 75% of the new car business. Under the then Assistant Attorney General Robert Houghwout Jackson, charges of dealer coercion were presently brought against the "Big Four" in Milwaukee. But the case fizzled when Judge Ferdinand A. Geiger indignantly dismissed it, after hearing that Robert...