Automotive Notes

At London's annual automobile show, orders amounting to between -L-60,000,000 & -L-70,000,000 ($291,975,000 & $340,937,500) were last week placed, some dealers contracting for their entire 1928 output. Tiny four-cylinder cars with 7 1/2-foot wheelbase, capable of 40 miles to a gallon of gasoline, proved most popular. Price: -L-135 to -L-160 ($657 to $779).

For the third quarter, the number of General Motors Corp. stockholders decreased from 57,595 (second quarter) to 57,190. The greatest number of stockholders on record was during the second quarter of 1922--72,665./-

For the new Ford car, at least 375,000 orders have already been placed. Of these, 125,000 are accompanied by cash deposits. Hence the new plant, retooled, remodeled, is assured several months' capacity production. Two-thirds of the new factory will turn out the new model Ford, one-third will continue to manufacture parts for the old model.

/-The American Telephone & Telegraph Co. has the largest number of stockholders of any single corporation in the world--421,000.