Last week in business districts throughout the land the following was news: ¶ Henry Ford filed a balance sheet with New Hampshire's secretary of state. Wholly owned by Mr. & Mrs. Ford and Son Edsel, Ford Motor Co. publishes no earnings; its profits or losses can be estimated only from the annual statements required by a few States. In 1930 the statement indicated a profit of $44,000,000, in 1931 a loss of $53,000,000, in 1932 a loss of $57,000,000. But even at the end of last year Ford Motor assets were $664,000,000, nearly one-half...
To continue reading:
or
Log-In
