Business & Finance: Profitless Prosperity

President Magnus Washington Alexander of the National Industrial Conference Board declared last week to a Cincinnati audience of the National Metal Trades Association that one-ninth of 1% of the corporations of the U. S. (95 in number) made a net income in 1925 of $5,000,000 or more apiece, and that the total profits of these 95 corporations accounted for 44.5% of the industrial net income of the nation. The other 89,579 U. S. corporations divided up the rest of the nation's industrial profits. The 95 corporations earned 25% more in 1925 than in...

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