Business & Finance: Cross-Section

"Surprisingly good," said many a banker last week after inspecting the reports which told of U. S. Industry's struggle to eke profits out of Depression. Although the first half-year was marked by further profit shrinkage, the general tone of the reports indicated that most companies have the situation in hand, are busy effecting economies which will make profits bigger when business revives.

Seldom have earnings statements caused such excitement as those last week; seldom has such a cross-section of the ups & downs of business been offered. Lacking were the corporate high...

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!