STATE OF BUSINESS: Facts & Figures, Mar. 8, 1948

Cold Comfort. In spite of the cold weather, which nicked steel and automobile output, the Federal Reserve Board's index of industrial production for January stood at 192, a peacetime peak, for the third successive month (1935-39 average: 100).

No Comfort. The New York Stock Exchange's income from dues and services to brokers dropped more than $1,000,000 to $7,061,829 last year, said President Emil Schram. There was more trouble ahead. The A.F.L. United Financial Employees union, whose demands for $9 to $15 a week wage raises and a union shop were turned down, threatened a strike of its employees in both the...

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