Two giants of U. S. industry reported the result of nine months' business to their stockholders last week. General Motors Corp. showed net earnings available for dividends and surplus for the third quarter ended Sept. 30, of $64,508,094 and for the full nine months of the year $193,758,302. Swelled by the cessation of Ford production, the revenue is the largest in the corporation's history and very nearly equals its return for the entire twelve months of 1926.
The U. S. Steel Corp., colossus (until 1926) of U. S. business, again saw itself outrivaled in...
To continue reading:
or
Log-In
