Most important of companies to report their 1930 results last week was General Motors Corp. with earnings of $151,098,000 against $247,317,000 in 1929. Per share earnings were $3.25, of which $3.04 came from actual operating profits. The year's result was the poorest since 1925, when $107,070,000 was earned.
Of interest to fewer investors, less important as a business index, but perhaps the most remarkable 1930 statement yet to appear was that of Coca-Cola Co. Profits hit a new high record of $13,515,000 against $12,758,000 in 1929. Gallon sales rose from 26,981,874 to 27,798,730....
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