Word: upturning
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...near Park Avenue, six rooms are generally available at $150, four at $125. A five-room duplex in the smart Gracie Square section was offered at $166. In most cases the landlords have been unwilling to accept more than a one-year lease at low prices, feeling an upturn is certain. Usually an option at a higher price is given for the second year. But unlike landlords in other cities, Manhattan owners thus far have insisted on leases, have made few month-to-month arrangements. Because the average apartment house in the city is not much better than 85% rented...
...survey of real estate is being made in Cleveland in order to determine the city's exact needs, prevent an unjustified boom in the case of an upturn. But before there can be a boom the 24% vacancy in apartments will have to be filled...
...commonplace of campaign talk has been that an upturn in business and prices would re-elect President Hoover. Last week, stock values on the New York Ex change had increased $12,149,022,329 since June. Last week's break in cotton of $4 per bale was set down as politically meaningless because the G. O. P. this year did not expect to repeat its 1928 achievements in the Solid South. Business failures for the last week in August (435) were at a nine months' low. The Federal Reserve Board, issuing its most optimistic weekly report in two years, showed...
...There's a general feeling of optimism in the air. You can almost reach out and touch it. The Depression has run its course. The upturn has come. We go ahead in spurts. It's time to spurt again to new levels of prosperity. Adjustment, that's the word. Therein lies the solution to most of our problems. The United States has a large volume of buying power unused. Buyers have been afraid to spend their money. The job is to unleash the buying power...
...TRADE UPTURN...