Facts & Figures

Cheap Money. Wall Streeters had expected that the Treasury Department, worried about inflation, would contract credit by again boosting the rate on its short-term securities, thus paving the way for a rise in interest rates all around. But the Treasury seemed to think that inflationary pressure was dropping; last week it announced that it would continue the present rate on short-term borrowings, and all issues of long-term U.S. Treasury bonds moved above their Federal Reserve support levels.

Pretty Picture. Eastman Kodak Co., which has had a profit-sharing plan since 1912, will cut a fat melon. It will distribute a wage dividend of around $13 million for 1948. The 51,500 eligible employees will receive 2.25% of the pay they got from the company from 1944 through 1948. Typical bonus: $300.

Steel for Henry. When Henry Kaiser fell out with Cyrus Eaton, his Kaiser-Frazer Corp. lost its big supplier of steel, Eaton's Portsmouth (Ohio) Steel Corp. To plug the gap, K-F last week paid some $3.6 million for the Phoenixville (Pa.) plant of the Phoenix-Apollo Steel Co., which has a capacity of around 26,000 tons a month of finished and semi-finished steel.

New Screws. After 30 years of negotiations, the U.S., Canada and Great Britain signed the treaty to standardize threads on all screws and machinery, thus eliminating a big obstacle to the greater interchange of machinery--and armaments-- between the countries (TIME, Oct. 18).

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