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First. We have approximately 60,000 stockholders. The market value of the securities that these stockholders hold at the present time exceeds $2,000,000,000 a very tidy sum. This enormous sum and the responsibility of acting as trustees throws a very great responsibility on General Motors' organization. In 1926 these stockholders received, in dividend disbursement, an amount in excess of $100,000,000. The purchasing power of this $100,000,000 has an important influence on our general business situation. (en) |
