"I told you so," or some more elegant paraphrase thereof, is what many a U. S. newsreader said last week when he saw the earnings report of the company whose stock fluctuations he had watched during 1927.
General Motors Corp. ("A family of products & people")$235,104,826, largest peacetime earnings ever reported in the history of industry. (Wartime earnings of U. S. Steel Corp. in 1916 were $333,574,178. G. M. C. earnings for 1926 were $194,645,462.
Pennsylvania Railroad Co. (Broadway Limited)Reported a record year, earnings of $68,160,296. Previous year: $67,-567,959.
The Mackay Companies ("Telegrams to all America: cables to all the world")$4,627,417. Previous year: $4,626,171.