STATE OF BUSINESS: Upturn on the Farm

One important gauge of farm prosperity is the farm-implement business, which Mumped badly in Igs6. Last week it was climbing back as farmers, with more cash m prospect, stepped up their orders International Harvester, which reported 14% higher sales this March than last had brought two Illinois plants back to nearly full employment after 90% layoffs last fall. Deere & Co. President William A. Hewitt told stockholders that they can expect 10%-20% more business. We estimate that farm income will be 3% to 5% higher in 1957." The brighter outlook came from a break m the drought that had...

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!