Sugar was cheap all last year and housewives tried to save money by putting up their own preserves. Hence food canners bought fewer cans. Likewise there was a smaller demand for industrial containers such as varnish cans. So it was no surprise when last week American Can Co. announced 1931 earnings of $15,529,000 against $22,883,000 in 1930.
For the first time since 1921 American Chicle Co. did not make more money than in the preceding year. But sales of Adams, Dentyne and Beeman's gum and of Sen Sen Breathlets and Chiclets enabled it to...
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