Business: Profit for Euthrie

The U. S. motorcycle business is divided equally between Indian Motorcycle Co. of Springfield, Mass, and Harley-Davidson Motor Co. of Milwaukee. The first U. S. motorcycle, little more than a bicycle with a motor in a frame, was built by Indian in 1900, is now in the Smithsonian Institution. Since 1927 Indian has had only two profitable years, 1936 ($80,048) and 1937 ($118,606). But last week Indian found itself in a new situation—with domestic sales up 200% over 1929, with eight-month profits of $65,705, with deliveries 30 days behind, with 350 new employes in training so as to step up output...

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