Before 3,700 stockholders meeting last week in Schenectady, General Electric President Ralph J. Cordiner announced higher sales and higher profits thus far in 1956 than ever before in history. First-quarter sales were $946 million, a climb of 14% from last year's record; earnings rose to $54.9 million for a 5% increase and another peak. Said Cordiner, casting a sharp eye at the overall economy: "Instead of talking about a possible slowing-down, we should be making a vigorous effort to catch up with our long-term opportunities. It now appears that many of the ten-year projections made for the...
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