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 FourFirestone, Goodrich, Goodyear and U.S. Rubberfollowed 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...