Facts & Figures, Mar. 29, 1948

More for Farmers. Despite the sharp drop in commodity prices last month, farm income in the first quarter of this year is expected to reach a peak of $6.4 billion. For farmers, the only effect of the commodity drop, reported the Department of Agriculture, was to cut the size of their increase over 1947 from 12% for the month of January to an estimated 6% for the first quarter.

Less for Steel. Acme Steel Co., which recently raised prices on finished steel from $6 to $8 a ton, changed its mind. The company, one of the biggest electro-galvanized sheet producers...

Want the full story?

Subscribe Now


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!