-Out of slightly over 13,000 federal income tax returns filed by corporations in the lodging industry with fiscal years ending in 1961-62, only 44% reported net profits, and for those operations before-tax profits were slightly less than 5% of total receipts from operations of $1.7 billion. -Out of nearly 35,000 federal income tax returns filed by corporations in the restau rant industry (classified as "Eating and Drinking Places") the respective ratios were 47% reporting net profits of only 4% of total receipts from operations of $4.1 billion.