Business & Finance: Week’s Statistics: Feb. 10, 1930

12,310,700 Animals. Although some 124,000 more hogs went grunting into Chicago slaughter houses last year than in 1928, the total animals handled showed a large reduction for the year. Figures announced last week were:

1928 1929

Cattle 1,769,291 1,666,200 Calves 734,893 642,800 Hogs 7,211,427 7,335,400 Sheep 2,740,157 2,666,300

12,455,770 12,310,700

$300-$1,415. Eleven years ago General Motors inaugurated their “savings & investment” classes. Into these yearly classes every employe is allowed to place up to 20% of his annual earnings, but not over $300. For every $1 deposited the corporation deposits 50¢ which is invested in G. M. common stock and the interest reinvested. Last week the 15,177 members of the 1924 class received $8,608,000. An employe who deposited $300 in 1924 will receive $1,415, of which $415 represents his original investment plus interest at 6% while the rest is accounted for by 25 shares of G. M. stock at a market value of about $40, 55% below its 1929 high.