The earnings of great corporations in transportation, communication, power & light, cinema, or automotive, iron and steel industries are important for two main reasons: 1) They are barometers of the rise and fall of prosperity; 2) the multitude of the stock and bond holders depends on their earnings for livelihood and luxury. But there exists a vastly greater number of concerns, more or less obscure, more or less subsidiary, whose earnings constitute a greater part of U. S. income. A few such concerns, and their 1926 earnings as reported recently, are
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