STATE OF BUSINESS: Facts & Figures, Dec. 8, 1947

Bouncing Back. U.S. tire builders, who cut prices 10% last spring, found their reductions premature. The record touring season last summer increased the demand for tires 10% above 1946. And the rise in labor and material costs nipped the profit margins of tire men. A month ago, General Tire & Rubber Co. announced a 7½% price increase. This week, the Big Four—Firestone, Goodrich, Goodyear and U.S. Rubber—followed suit. Their boosts: from 5% to 8%.

Going Paramount's Way. Hollywood's independent producers have been frightened by the box-office slump and the new British movie tax. Six months ago, Frank Capra's Liberty Films...

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