Earnings: Full Quarter

For most of U.S. business, the first three months of 1968 added up to a very full quarter. In a survey of 508 early reporting companies, the Wall Street Journal found combined profits up by 11.1% over the first quarter of 1967. When it weighed in with its own 567-company study last week, the New York Times reported gainers outnumbered losers 422 to 145 as earnings leaped 13% beyond last year's figures.

There were few retreats. Some airlines, among them Pan American, TWA and Eastern, lost money as they battled increased wages and...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!