Word: knudsen
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William S. Knudsen (General Motors) $459,878; Actor Gary Cooper $370.214; Actor Ronald Colman $362,500; Actress Claudette Colbert $350.833; Thomas J. Watson (International Business Machines) $342.008; Spyros Skouras (theatres) $341.009; Actress Mae West $323,333; Vincent Fitzgerald (G. L. Ohrstrom & Co. Inc.) $320.296; Charles F. Kettering (General Motors) $304.400; Rudy Vallee $238.744; Eugene Grace (Bethlehem Steel) $180.000; Alfred E. Smith (Empire State...
...Knudsen, A production man who worked up from a bench to the presidency of General Motors is big-boned, slow-spoken William S. Kaudsen. Last week his summons to the Senate quiz was particularly pointed because he had just laid...
President Knudsen began by reading a statement which revealed that GM's 1937 inventory of $290,000,000 was a new high, that costs rose 13½% per car in 1937, that GM waited until October before raising prices only 87%. He gave a brief history of this year's business...
Inventories. Since most economists have stoutly maintained ever since the present depression began that with a few exceptions 1937 inventories were low, it was striking that Messrs. Eccles, Knudsen and Wood were agreed that inventories had lately been at abnormal peaks. Other Senate Committee witnesses last week included Lammot du Pont and William Green and the latter also commented on high inventories...
...included the first month of Recession, unemployment has grown more acute in the last month. Current unofficial estimates of the total number of workers who have lost their jobs since September average 2,000,000. In Detroit last week, in the biggest mass layoff of Recession, President William S. Knudsen of General Motors announced that 30.000 of the company's 235,000 employes would be laid off as of January 3 and that employes who remained on the payroll would operate on a threeday, 24-hr, week...