Spotty as is the industrial-outlook, and various as is the opinion of industrial leaders as to prosperity for 1924, almost everyone has been impressed by the showing of the leading electrical equipment companies during the past few years.
To date, neither General Electric nor Westinghouse have issued their annual reports for 1923, yet it is widely believed that in gross business and also in net profits both companies are likely to establish records. The growth of these two leading companies has been symptomatic of the electrical industry. Even in 1921, General Electric earned...
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