Business: Profitless Prosperity

Chicago's Marshall Field & Co. sold $45,000,000 worth of dry and other goods in the first six months of the year. That was a fat $10,000,000 more than it sold in 1933's first half. Nevertheless, it did not make money; it lost nearly $2,000,000.

"The results . . . are disappointing but not hard to understand," President John McKinlay told his stockholders. "Our sales failed to increase to the extent necessary to cover the increased burden put upon us by NRA and other national and local governmental...

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