Business: Billion-Dollar G. M. C.

General Motors Corp. last week published the complete report of its 1927 business up to July 1.

Net sales: $680,619,479; net profits: $128,210,440; surplus: $88,392,665; total assets: $1,046,815,220.

The current list of billion-dollar U. S. corporations is:

TOTAL ASSETS

U. S. Steel Corp $2,454,000,000

Southern Pacific R. R 2,147,000,000

Pennsylvania R. R 1,819,000,000

American T. & T. Co 1,646,000,000

New York Central R. R 1,449,000,000

Standard Oil (N. J.) 1,369,000,000

Union Pacific R. R 1,140,000,000

Atchison R. R 1,071,000,000

General Motors Corp 1,046,815,220

...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!