Business & Finance: Earnings, 1932

Standard Statistics Co., world's biggest figure factory, computed profits of 674 companies for 1932, found that the aggregate earnings were $325,584,000, down 68.7% from 1931. And the bulk of these profits were from utility companies whose total profits dropped only 20.8%. With the conspicuous exception of oils, shoes, drugs, foods, chain stores and tobaccos, industrial earnings practically disappeared, amounted to less than one-thirtieth of 1931 earnings. Rails, of course, showed a staggering deficit.

Biggest deficit in last week's flock of reports was Chrysler Corp.'s $11,254,000, comparing with a small profit in 1931. Directors...

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