Business & Finance: Corporations

Record Quarter, Last week Chrysler reported that in the March quarter it sold more cars, made more money than in any other first quarter since Walter Percy Chrysler took over old Maxwell Motor ten years ago. Sales were 247,631 units. profits $9,163,000, almost as much as it made all last year.

Bigger profits from bigger sales has by no means been a business axiom since the New Deal. Cost of labor and materials tended to jump faster than the price of finished products. But Chrysler in the March quarter boosted its sales 57%, its...

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