From every corner of U.S. industry last week came a cresting flood of 1955 earnings reports. As nothing else, they pinpointed the economy's continuing good health and expanding markets. One prime example was cosmetics-maker Revlon, Inc., which won the annual TV sweepstakes by latching onto the $64,000 Question. President Charles Revson reported that Revlon had a 54% sales increase to $51.6 million for the year, counted record profits of $3,500,000 v. $1,200,000 in 1954. And sales are still climbing.
Spreading put to heavy industry, the news was all of records and booming fourth-quarter sales. Inland Steel, Republic Steel and Pittsburgh Steel all...