Facts & Figures, Dec. 1, 1947

Bigger & Bigger. The gross national product in the third quarter of this year rose to a record annual rate of $232 billion up $10 billion since the first quarter. Much of the rise was due to higher prices. The Bureau of Labor Statistics reported that retail food prices jumped 3.6% during the month ending Sept. 15, reaching a new record high (203.5% of the 1935-39 average) for the fourth consecutive month.

No Corporations. After bickering about it for more than a year, members of the New York Stock Exchange voted down a plan to permit partnerships to incorporate. The plan...

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