Facts & Figures

Bigger Cut. Livestock raisers,according to Department of Agriculture figures, are the chief beneficiaries of high-priced meat. They now get 70-c- of every consumer's dollar spent on meat, as against 51-c- in 1939. Although it had no exact figures on the remaining 30-c- , the department guessed that it was split as follows: commission agents 2-c-, packers 10-c- , wholesalers 3-c- and retailers 15-c- .

Jersey Level. Standard,Gil Co. of New Jersey, which refused to hike its gasoline prices two months ago, won a price skirmish over competitors who did. As new customers flocked to Standard stations, the Texas Co. and Shell Oil cut the price of their gasoline by 1/2-c- a gallon to the "Jersey level." Most of Standard's other competitors followed suit, while smaller companies prepared to fall into line.

Headstart. The Hudson Motor Car Co. kicked off the 1948 auto model season. It shut down its assembly lines to finish retooling for a "revolutionary" new model. Hudson plans to build a car only five feet high, yet with full headroom interior. Hudson, already delivering present models 90 days after order, anticipates a break in the sellers' market sometime in the next few months. It hopes to get into full production of its new model in several weeks, thus score a beat on its larger competitors.

Grey Market. Steel sold in the "grey market," at premiums of $60 to $150 a ton, amounted to 1,300,000 tons in six months or 4.3% of total finished steel shipments, according to Iron Age, which made a survey of some 1,500 steel-using companies.

No Reminder. Corporate tax returns last year carried two pointed questions: 1) Had the company distributed at least 70% of its profits in dividends? 2) If not, why not? This year the questions will be dropped, said Deputy Tax Commissioner Edward I. McLarney. The questions had been only a "gentle reminder" that, after a wartime lapse, the undistributed profits tax would be stringently enforced.

Hepcat Hurdle. On the West Coast, some jukebox operators upped their price to 10-c- a record. In San Francisco, Jukebox King Jack Ehrlich reported some resistance to dime-a-record, three-for-a-quarter players. But in San Jose the new dime jukeboxes paid for their coin-box alterations in a week, showed a 50% increase in gross take.

Refund. J. P. Morgan & Co., Inc. petitioned the Pennsylvania Board of Finance and Revenue to refund an overpayment of stock-transfer stamps. The board granted it. The amount: $3.

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