Business & Finance: Earnings: Jul. 29, 1929

Last week many a U. S. corporation issued earnings figures for the first half of 1929, showed general increases over the corresponding 1928 period. The first half of the year is almost always better than the second because of the July and August "summer slump." But even with this qualification 1929 promised to be a banner year of bumper prosperity. Of special interest among many earnings were:

Company Comparison 1929 1928

Congress Cigar Co., Inc.

(La Palina Cigars, makes 1,300,000 cigars daily, no hand work, all machine made)

Net profit, 6 mos. $1,274,707...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!