Comeback in Earnings

Ford Motor Co. last week wheeled out a racy earnings report that was a prime example of the fast snapback scored by many a recession-hit corporation. In the last three months of 1958. Ford earned $111.9 million or $2.05 a share, the second-best fourth quarter in its history (best: 1955). This wiped out the nine-month loss, gave to the company a respectable net for the year of $95.7 million or $1.75 a share.

Other earnings (in millions):

Fourth Qtr. Total Total Total 1958 1958 1957 Allegheny Ludlum Steel $3.3 $5.8 $11.7 General Tire & Rubber 5.9 11.3 11.3 Scott Paper 6.2 22.0 21.6 Liggett & Myers 8.6 31.2 28.3 American Can 9.1 46.4 42.2

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