Two days before John Jacob Raskob, chairman of General Motors' finance committee, returned to Manhattan from a five weeks' vacation* abroad, the company declared its regular quarterly dividend of $1.25 and an extra of $2$56,550,000 altogether.
Mr. Raskob made predictions: "The normal output [of U. S. motor cars] I should judge to be about 4,500,000 cars per annum. Figuring the life of a car as about five years, replacements should bring the annual normal output to about 5,000,000 cars. This figure has not yet been reached. . . . Last year General Motors' export...
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