Business: Dividend from Farmers

One of the fattest dividends from rising farm income (TIME, May 12) is going to the makers of farm equipment. Their sales, which turned down long before the recession, are on the rise. International Harvester reported its best April farm equipment sales since 1955; sales for the six months ending April 30 were up 5% over 1957. "The tractor business is ahead of last year for everyone," said Milwaukee's Allis-Chalmers Manufacturing Co. The most dramatic comeback has been staged by J. I. Case Co., which lost $2,845,027 in the first six months of fiscal '57. "Now," says Case's President Marc B....

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

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