While sales surged in the quarter, general and administrative expenses fell by 8 percent, to $565 million.
Second, he said, is the effort to control inflation, which he expects to surge again in the fourth quarter.
The employment cost index, which tracks both wages and benefits, surged in the first quarter.
But Miami (9-18) was stronger from that point on, pulling to 49-44 at halftime and surging ahead in the third quarter.
Bar prices have surged 32 percent to $510 in the third quarter of 1988 from $386 in the comparable 1986 period.
The country's economy surged in the second quarter.
Soft drink profits surged 29 percent in the fourth quarter because of higher prices and lower ingredient costs.
Chrysler's cash on hand also surged in the quarter to $5.2 billion, from $3.5 billion a year earlier.
The Hawks surged from a 53-44 deficit to a 76-62 lead in the third quarter.
As all the furniture buying implies, home building surged in the first quarter.