The Ypsilanti daily press. (Ypsilanti, Mich.) 1928-1962, 1944-04-17

has the greater opportunities ant
which pays the largest salaries anC
highest WAGES. Following will BIZ
found list of the leading Amerl
car : -dIstries.
These industries. have grouped
and. in fact, arranged in an order
according 10 their rates OF return
o their total investment, before
/ interest and income taxes. My
theory IL that the best opportuni.
I ties lie with the companies that are
making the most profits. (These
ara those included in Group 4.
which showed prewar earnings
Of from Is 10 25 per cent? | have
divided these 70 industries into
four groups OF employers as fol-
lows:
Group No. Low Profits
The first group includes eight
industries. During the last pre-
waf year these earned only from
sec TO 60 on their capital invest.
ment. These eight follow: railroad
equipment, fertilizer products. tim.
Der and lumber products. coke
oven products. cane sugar. silk
products, textile and sewing ma
chinery. steel and rolling mill
works.
Group No. 2-SmalI Profits
The second group contains IS IN
dustries. The last prewar year
for these Industries showed a pro-
fit on the investment (before int
crest and income taxes OF Sc in
the case of clay products up TO
1890 in the case OF knit goods. The
entire list Of Group follows: clay
products. agriculture machinery
and tractors, petroleum producing
and refining. cotton textiles. bolt,
nut, rivet End screw products, pa
per and pulp, matches, textiles dye
ing and finishing. hat and cap.
steel castings, copper, tanned, cur
ried and finished leather. heating
and cooking apparatus, cement,
-four milling, malleable iron cast
ings, furniture. plumbers supplies,
bread and bakery products, book
and magazine publishing. beet su.
Sal ray Oh anu dIiiCu piOuuIls.
heavy machinery. saw, file and
hand tools. leather. boots and
shoes. pain, and varnish, rubber
products, knit goods
Group No. 3-Falr Profits
The third group contains IS in
dustries starting with silver and
plated ware. earning 1890 on the
invested capital and running up TO
n products, earning $50 on the
investment. during the last prewar
year, before deducting interest and
income taxes. This is a very good
list and includes some OF the most
satisfactory industries for the long
pull, although | don't advise any
body into distilled liquor. 1t will
be noted that this Group 3 in
cludes refrigerator equipment, gyp-
sum and asbestos products. bust
ness machines and clothing, all
of which are growing and profit
able industries
Silver and plated ware. pump,
pumping and air compressors,
hardware, wooden and worsted
goods, refrigerator and air condi-
tioning units. lead and zinc. gyp-
sum, asbestos products and roof
tings. firearms and ammuni-
ton. utility industry, biscuits and
crackers, engine turbines, water
wheels and windmills, business ma
chimes and typewriters. distilled
liquors, tin cans and tinware, cleo
trical machinery and apparatus.
mems, youths, and boys clothing,
cranes, dredging, eXcavating and
road building, corn products.
The fourth group contains is In
dustries which were the most
profitable Of all during the few
months before the war. They
earned from 1870 to 259o on the
capital invested. The radio and
monograph group showed a profit
of 1870, and this profit increased
in the following order up to the in
Guiding drug and medicine group,
which showed 25ft. l might add
that there were also two other in
dustries not include in the above.
the aircraft industry, which
showed a profit OF $3.50 and the
soft drink industry, which showed
a profit OF 459e.)
Radios and Photographs, glass
and glassware, mems and boys cot
to leather and misc. garments, au-
tomobile parts and accessories,
wool carpets and rugs. chemicals,
machine tool accessories and pre-
cision tools. canned fruits and vege-
tables. perfume and cosmetics, mo-
tor vehicles and accessories. ciga-
rette and tobacco products, gen
eral preparations. soap, cottonseed
products and cooking fats. food
specialties. shipbuilding. confec-
tionery. malt and beverage brew
ing. drugs and medicines.
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