Monday, Feb. 18, 1935

Earnings

P:Last autumn the American Institute of Food Distribution estimated that the 1934 tomato pack would be up some 20%, the corn pack 20%, the pea pack 15%, the string bean pack 9%. The Alaska salmon pack was the biggest on record. All during summer and autumn Drought dropped into the can-makers' laps orders for hundreds of millions of cans for the meat which the Government was tinning for the unemployed. Last week Continental Can Co. announced that 1934 had been the best year in history, with profits of $10,707,000 against $7,547,000 in 1933.

P:Almost the only thing about Gillette Safety Razor Co. and Gillette blades which has not been changed since Depression is the bewhiskered photograph of King C. Gillette, who died in 1932. With most of its patents long exhausted, the company was reorganized after merging in 1930 with AutoStrop Safety Razor Co. when AutoStrop's subsidiary, Probak Corp., produced a blade that exactly fitted Gillette razors. Last year, despite heavy inroads of cheap competing blades and a reduction in the price of both Gillettes and Probaks, Gillette Safety Razor Co. earned $4,188,000 against $3,659,000 (unaudited) in 1933.

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