Evening star., 1951-08-13
n OF Is Industries
Show Higher Profits
Than Decade Aqo
BY the Associated Press

| BY the Associated Press
Despite higher costs and taxes
"all but three of Is major manu-.
featuring industries" showed {
higher rate of profit in 1850 thar
in prewar 1910, according to the
Federal Trade Commission.
In the fourth in a series of re-
ports submitted to Congress by
the FTC comparing prewar anc
postwar rates of return, aftel
taxes, the agency said that "in al
but six Industries 1850 profit rate.
also showed an increase ovel
1949."
The FTC measured the profit
rates" by taking the proportion
of earnings for each year tt
amounts invested in the indus.
tries.
THE only three industries
which failed to show a highe,
profit rate in 1850 than in 194(
were cigarettes, cigars and plug
smoking and chewing tobacco
where the 1850 rates of return
were. respectively, 1877, So ane
80 per cent, the report said.
Motor Vehicle Profits Tn.
industries which showed tn.
most striking increases in thei]
rates OF return from 1910 t.
1890 1t added. were motor We.
hlcles. from 17.3 to 31.7 per cent.
matches. from 5.3 to II per cent
industrial chemicals, from 144 t.
23.7 per cent; rayon, from 8.6 Il
l7,9 per cent; fat glass and glass.
ware, from III to 21.3 per cent
and petroleum refining, from g.
10 14.3 per cent"
The six industries showing q de.
cline in profits from 1949 to 1881
were listed as dairy products,
cigarettes; cigars: plug, smokine
and snuff tobacco; bread; biscuit,
and crackers.
In the comparison of 1949 anc
1901 prof1t rates, the most strjk.
ing increases were shown in soap
from sc to 1872 per cent-thf
exact reverse Of its decline from
l948 to l949; matches, from 6s
TO II per cent: and tires anc
tubes. from 8 to Ill per cent ;
the report said.
The FTC made a comparison q,
the level of profitability of tn,
1our largest companies in an in.
ouStry with the rates of all othe,
companies reproted for that in.
ouStry," with the notation that
the other companies" are most1,
concerns of medium or slightIy
less than medium size" and mo-
The distinctly smaller size corno.
rations." ~
Larger Companies Profits Higher
Inc comparison, it said, showee
that profit rates of the four Iarg.
eSt corporations in each industr,
during the postwar period were
generally higher than those NJ
the smaller corporations covered
IN this report"
Inc % industries listed as hav.
ing higher profit rate in 1850
than in 1910 were dairy prod.
ucts; bread; biscuits and crack.
ers; wool carpets and rugs; lino.
leum and felt base; paper ano
allied products: soap, cleaning
and polishing preparations, tires
and tubes; abrasives, asbestos and
miscellaneous non-metallic min.
eral products; blast furnaces. stee,
works, rolling mills; primary
Smeltltng and refining non-fer-
rous metals; tin cans and othe,
tlnWare; engines and turbines
oftlce and store machines and de-
vices. electrical machinery, equip.
ment and supplies; motor vehicle
e q u p m t; motor vehicles;
matches; industrial chemicals:
rayon; fiat glass and glassware
and petroleum refining.
These. with the exception OF
dairy products, bread, and biscuits
and crackers, also comprised the
19 industries which showed higher
profit rates in 1850 than in 1949