Business: Earnings: Aug. 5, 1929

With the seventh month of 1929 ending, U. S. corporation reports for the first six months last week came flocking in. The normal report showed an increase over the first six months of 1928. Steel was the banner industry, with almost every company reporting a peacetime record. Strong also were the utilities. Coal, leather, shoes, machinery and various other of the unspectacular necessities of life were weak. Among many corporations reporting their earnings, the following were of particular interest or importance:


Comparison 1929 1928

Western Air Express (Western Air, in connection with...

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!