Last week dozens of big and little corporations selling biscuits, brake shoes, dynamos, table salt, telephones, bottle glass, gum and gas machines reported their profits and losses for the first half of 1934. A majority had done better in the second quarter than in the first. Of 19 big corporations only four, A. T. & T., Wrigley. National Biscuit, Corn Products, earned less than they had in the first six months of 1933. Five others jumped into the black, against losses last year: four already in the black doubled or nearly doubled their...
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