Boxing Profits. George L. ("Tex") Rickard computed the income of the professional boxing bouts he promoted. In 1924, 1925 and 1926, gate receipts totaled $7,790,993. Of this 1/20 went to state taxes and 1/10 to Federal taxes.
Old Whiskey. The largest distillery in Canada is Hiram Walker's at Walkerville, across the river from Detroit. It contains 107,000 barrels of old whiskey, the largest matured stock in Canada. All this U. S. investors owned until last week. Then they sold the business to a Toronto group for $15,000,000.
Chevrolet Reductions in price went into effect last week—$20 to $50 on different models. At $525 the roadster and touring car are cheapest. (A Ford roadster costs $350).
Long Talk. By mid-January long distance telephone service will be in commission between Manhattan and London (3,500 miles) over a combination of land lines and wireless waves. The cost will be $25 a minute, with a refund in case static blurs the conversation. Since transatlantic cable rates are 22c a word, this means that the person who can distinctly speak more than 115 words a minute will save money by the new way. But he must talk with a low, steady tone, else his voice will be blurred when carried across the chain of hair-adjusted transmitting machines. Trained elocutionists might be hired to do the telephoning. President Coolidge and King George may be the first to exchange salutations by this new service, said a London despatch. President Walter Sherman Gifford of the Bell System declared he will be the first to talk—with Sir Alexander Roger, Chairman of the (British) Telephone Development Association and with Miss Evelyn Murray, Secretary of the British Post Office.