STATE OF BUSINESS: Facts & Figures, Nov. 15, 1948

Perk Up. The ailing domestic airlines perked up a bit. In the twelve months which ended June 30, reported CAB, the 16 domestic carriers had trimmed their losses from $22,435,489 in 1947 to $15,494,310. In the profitable (spring) second quarter, they had rung up a $3,262,837 net v. $2,754,724 last year. As usual, Eastern Air Lines, Inc. was the healthiest; and last week it reported a nine-month net of $762,578 v. $409,809 in the 1947 period.

Humming. The automobile industry was heartier than ever. Chrysler Corp. reported a record nine-month net of $59,887,601 (up 25%). Packard's net for the same...

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