Business & Finance: Profits & Losses

Early reports of U.S. business for the six months ending June 30 showed generally increasing profits. But subsequent reports show a large, though not alarming number of losses during the half year. The following list is by no means complete, only a good cross section of the later reports.

Profits were less for:

American Seating Co. (auditorium furnishers): $36,951 against $236,870 for same period last year.

Briggs Mfg. Co. (closed motor car bodies): $2,053,553 against $3,033,281.

Butterick Co. (magazines & fashions): $432,227 against $496,648.

Certain-Teed Products Corp. (building materials): $40,556 against $1,125,572.

Cluett, Peabody & Co. (whose newest collar is called Times): $657,972 against $1,199,148.

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