Monday, Sep. 05, 1927
Billion-Dollar G. M. C.
General Motors Corp. last week published the complete report of its 1927 business up to July 1.
Net sales: $680,619,479; net profits: $128,210,440; surplus: $88,392,665; total assets: $1,046,815,220.
The current list of billion-dollar U. S. corporations is:
TOTAL ASSETS
U. S. Steel Corp $2,454,000,000
Southern Pacific R. R 2,147,000,000
Pennsylvania R. R 1,819,000,000
American T. & T. Co 1,646,000,000
New York Central R. R 1,449,000,000
Standard Oil (N. J.) 1,369,000,000
Union Pacific R. R 1,140,000,000
Atchison R. R 1,071,000,000
General Motors Corp 1,046,815,220