Business & Finance: Zoom

U.S. laundry owners announced 10% increase of family business in 1928, predicted a billion dollar laundry industry in 1930. Thirty chain store systems showed February 1929 sales increasing 24% over February 1928. Cigaret output last month was half a billion greater than for last February. Copper hit a new high of 24¢ a pound. Automobile makers set a February record of 466,084 motor cars, more than 4,000 increase over August 1928, previous record month. Pittsburgh steel mills are running at 95% of capacity and March is expected to be a record-breaking month for steel production. Oil production was reduced by 40,000...

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