STATE OF BUSINESS: Facts & Figures, Nov. 24, 1947

Billion-Dollar Optimism. Business inventories increased by almost $900 million in September, the Department of Commerce reported, and the value of all goods on hand went up to a record of more than $40 billion. Coming after a decline in July and an August rise of $769 million, September's increase, said Government experts, reflected a resurgence of the optimism that set off last year's inventory boom.

Vest-Pocket Vesuvius. A hot drink can easily be prepared in a snowstorm with a new pestle-like gadget called the Heatron Stirrer. It has a small cylinder on...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

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