Business: New Record

U.S. production zoomed to an alltime high in the Aug. i week, and TIME'S index hit 180.0 (estimated). 1.6 points above the preceding week's final figure. Main reason for the rise was a big jump in power production, especially in the Southern and Pacific Coast areas.

The steel pinch is tighter than ever. As its solution of the problem, WPB gravely issued a flock of super-priority ratings (like AAA, AA-1, AA-2) to some former holders of the highly prized Aia. Results are fantastic. Machine-tool builders, for example, cannot even wangle a promise of delivery...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!