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General Motors Earns $33,341,618 Profit for Quarter Ended on Sept. 30 Equivalent to 72 Cents a Common Share. The General Motors Corporation reported yesterday for the quarter ended on Sept. 30 a net profit of $33,341,618, which was equivalent, after preferred dividends, to 72 cents a share on the average number of common shares outstanding. This was in contrast with a loss of $4,464,229 reported for the corresponding quarter of last year
Banks Wiggin Gives Up $100,000 a Year Under Criticism His Offer on Retirement Pay Is Accepted by Board of the Chase National. WASHINGTON, Oct. 25 -- Albert H. Wiggin today asked the Chase National Bank to discontinue his salary of $100,000 a year for life, voted previous to his retirement last January as chairman of its board. The bank complied.
Copper Copper Sells Here for 1/2c, Up 1/2c a Pound Buying Abroad Active, With Rise Expected Copper in the domestic market sold yesterday at 8 1/2 cents a pound, up 1/2 cent from Tuesday. Some copper, however, was available at 8 1/4 cents and the market was described as being 8 1/4 to 8 1/2 cents a pound for delivery to the end of the year.
Crime Plans Registration of Machine Guns Justice Department Also Considers Confiscation of Gangster Weapons. WASHINGTON, Oct. 25 -- In a new effort to disarm the underworld the Department of Justice had under consideration today a plan for the registration of all machine guns.
Cuba Home of Mendieta Bombed in Havana Epidemic of Explosions Alarms Grau Regime Which Rounds Up 200 Labor Agitators. C. Mendieta's home in Havana bombed; U S S Wyoming relieves U S S Richmond; Governmet denies reports of proposed change of form.
Drugs Opium and Pistols Seized in 3 Raids Seven Suspects, Including Two Women, Arrested -- Counterfeit Bills Also Are Found. Raids in two uptown hotels and a private dwelling by headquarters detectives last night netted seven prisoners, three loaded pistols, opium and opium-cooking layouts and some counterfeit banknotes. Two of the prisoners were women.
Farming State Boards Move to Cut Surplus Milk Slaughter of Cows to Be on Large Scale -- Relief Use to Be Increased. State boards move to cut surplus; plan large scale slaughter of diseased cows.
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