Show economic highlights 3 3 profits indus industry has hern been goerg goit along for three and one half years practically without them this month there has been a turn companion which ha haie hae e been aig nt Mt antly in tho the cd aro are ir C a market for iak 1 ink 1 divest eveet ora rs who have bay besimi used t to i gue goe without dIvI divide deil il aro are looking ward to the rance prunce j ar or semiannual semi annual cheke bere iere ere Is hgo 1 1 I easiness ka siness is s cited cc ted in the ba balarino larico sheet sheen of po LIP lf ampe ciale largo chrysler Chy corporation in tile jime jilie quarter net equaled a share totaling this is within 23 per cent of the comp anys I 1 cord 1 achieved in the booming thirn thira quarter of 1928 V U S steel twelve months ago it reported an operating loss ot of more mere than in the last three months it had a profit of general motors last year it had second quarter profits of ac a share shar this year it reported a net of 0 a share V U S industrial alcoa sil profits in first halt half of 1932 came to same period in 1933 all businesses had an equally happy quarter or halt half year but the he general trend ot of profits Is definitely upward most alost important of all Is sharp improvident lit in the earnings of small businesses whose f ortanes torti inea dont constitute headline news they represent the bulk of Amer americal icam carIta 1 lin vestment and their position Is a great deal more dolid than it was even a month or iwo yvo ago there Is a black spot in the ln in outlook retail trade which Is still in in an extremely depressed state best tact fact of all Is that the upturn has been in progress tor for 4 months without a setback set bask the most stable manometers ew car load lugs electric power steel output indicate continued improvement during the month ot of june there was an 18 per cent increase in man hours worked in manufacturing plants as compared with AW wage totals showed a ten per cent jump while cost ot of living went up less than one per ceni cent so tar far purchasing power is advancing much more rapidly than prices welfare agencies in most cities report that requests tor for relief are well below former levels alie the administration has one malor major worry lowthe poor results ot of the farm arm bill the mortgage situation Is more tense than it was and it Is apparent that present tion is either cither misdirected or inadequate all observers forecast that the act will be given a thorough gli overhauling choin Con congress greAs meets again industrial news review |