EARNINGS: Brer Rabbit's Snare

Once upon a time, Brer B'ar was induced to take Brer Rabbit's place in a snare by the promise that he would thus make $1 a minute. Last week, U.S. corporations had Brer B'ar outclassed—and their earnings had almost reached the realm of fable. They were making $33,000 a minute. The Department of Commerce estimated that for the first six months, profits were at an annual rate of $29 billion before taxes, up $8 billion from last year and $4.5 billion above 1943's previous alltime high. Estimated profit after taxes this year...

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