"t ( ." m " h, "' 0 . tf" J "Vi I i' j a ' A i asfr rV.. . ' 11 1 fc ' '' r n u 1 Ml T, A vlO , v T i '" '"l . v 'V v' , ' EVENING PUBLIC LEDGEE-PHIL'ADEPHIA", WEDNESDAY, JANtFAY 4i -J920 JIUMS INVESTED MOTOR INDUSTRY CORRIDOR AT 1920 PHILADELPHIA AUTOMOBILE SHOW Socuritios Havo i Mliomnh n i fiju 7 ! vir r-. . ...... I yumo rorwara with Leaps vs and Bounds in Few Yeats SOME GOOD EXAMPLES vAtnopjt the countrj's main dowc-i Bed industries iinnr liuo olla'iui" Krcatfr prominem'c or importance in tbjfc financial vorhl than tin- automo bile Industry with its ever inrTfiitig acccesoricH The billions of dollars m ed in capital in the niamifactunns of motor ehicles m the t tilted Slutc-i is a li itis tnnmiment of the phenoni enal prnutli of this illusion of our countrj's mauufacturcs. At the -.unif time the uutotaled sum of iliMtlruiN nnd interest paid i- proof of unt ouU tip unparalleled properitj or tin- m-h ture, but also the'soutid rlmrni-ier of the investments Tbc securities of, the nuinermi? auio mobile and motor corporation". Intr oc cupled a foremost position in Hie trii" actions of the country's leailin: st iot exchanges durins the last the oarx and at different intenuls ere the tenter t interest in the bis market more Httuls. The appreciation in miIup of the securities of many of the leadmu motor vehicle concern, ,-urpas-ed th. fondest bopes of the most optimistic liclievers. in the industry. Quli-U Chance Much of the grow ins prommeme of automobile securities from a stock mar ket viewpoint was due to the maimer in ivhich the manufacturers of motor chi clcs 'were able to turn from u war basis back to u peacetime status. The un precedented demand for automobiles and motortrucks which developed after the armistice was sisucd pnucd to h genuine surprise to man) people in the indutrj Not u few prominent interests in the automobile trade epcctcd that the manufacturers, of motorcars would cuter Upon a lean period following the conclu sion of the war lustead. the demand for all sorts of motor M-liii-les which set in in tbe early part of last .icur has grown to such proportions that r tually cver manufacturer in the coun try has found it ucccssan to increase plant capacitj. This has meant in creased capital, bnt it was readilv ob tained because of the lueratho returns heretofore met in all such iineslmeuls. Ttemarhablo tirowtli Tlio nWnnmcnal crow til of the nidus try mav be better appreciated from tin fact that for ISMS it is estimated that about 1,500.000 automobile- were turned out During the current jear it b not uulikeb that :;,(I00.()00 motor -enrs will be produced, and manufac turers saj that cen at the rate of pin ductiou it will require some time to ap proach anything near the saturation point. Aa a result of the enormous business accruing to the motorcar producers, the earnings of the automobile coucerus are constant making new high records. The General Motors Corporation earned more in the tie t si months of I'.H'.I than had been earned in au previous full year and it is estimated that earu inir for the l:i.,t half of 101(1 will almost oublc the earnings ol mo nrsi nan 01 thevear. Its eioss .sales, which wilt ap proximate ?4r0,000.000 for 1010. will be increased almost to SSOO.000,000, ac cording to au estimate, bj V. K. Du rant, the president of the corporation. The Studebaker Corporation showed a net piotit from uine months op erations up to September .'SO, 1010, al most equal to the return for the full twolc mouths of the preious jear. Chrlstiau Ctrl, president of Staudard Parts Co.. of Cleielautl. and i i-e profi cient of Motor mid Accessory Manufac turers' Association, sa.s: "Labor will be more constant and will accomplish more in 111-0 than in 1010. That prices will fail to anj marked degree is uot to be expected, for a number of reusous. All material product is basid ou work of the hand and the braiu. and price of materials can be lowered nulj wheu there is less demand for labor of the hand and brain thuu there is at tlii moment. "It will take some jearr. to restock the warehouses of the world, and until this occurs there i-jn be no such thing as overproduction. There uuy be some unbalanced production, but no surplusi of commodities in tin- aerage. AU our d&bts have been contracted with a rising and inflated maikct, and cannot bu paid with a deflated market. This is another reason for geueiul prices of ma terials remaiiriig up. Deiuaud for goods "will exceed supplj "This will be espei talh true of the motorcar lemand for .Mr- this uet year will far evred 1010. aud should run from :t.000.lHl(t to ::.."(in.00J ears, including trucks. I'rodui-tiou will be limited b ubilitj of manufacturer and parts makers to secure steel and other metals and labor. 1'roduction will be dow here equal to demand, and if it should run at a late of '.'.'.'."O.OOO cars for the jear. it is possibb all that can be. expected Curs are being designed better than fonuerlj and lasting loader Tlcplacement busiipvs will uut amount to as much in proportion in future us in tbe past, but tins is m the tendency of greater eeouon in llie cut ire indus try and in iw of automobiles, and should be a bcntlit rather thuu a detri ment. "It will be impossible for supply to overtake demuud within three years, after which the rehabilitation of other portions of tbe world mid demaud from them upon tjs for motorcar racuns of trausportatlou will be sufficient to af ford on excellent market for many years. ' Mures hplit Again No better illustration of the profitable character of the motor stock invest ments could be offered tbau that o tbc General Motors Co . which is unques tionably in point of capituluation tbc father of all motor concerns. Through the ratification of the ticucral Motor Corporation 'b recapitulation pbm tbe cdmmun stockholders on and after Ma H. J0i!0, will receive teu shares of new nonpar-value common stock iu exchange for each share of the present common jtocK. This ts tbe sccoud time the com mon shares hae been split up, and is thf result of the remarkable growth of 1b4 Id lint IniinAhi lilikl Ati jirtninniit WJh the world Early in lulti. the ear before the1 pretent corporation was organized 'through the acquisition of the assets of, ib6 old General Motors Co. of New Jer- ( isji (he common stock was selling at S2 n share The purchaser of ten shares of common stock at that time was able to exchange Ins holdings the follow jns year for fifty shares of the couitiiou stock of the present corporation when the otd company was takeu over. Now, through the becond splltting-up process, the original ten shares will bo iucrcused t SQ0 shares. i New Nash Milwaukee Plant 1I.b t ntnir fnru-firrl nn thn hulld- m( f in immense plant in Milwaukee 'fc'P iwjuctwn of Nush four cjlln- SEES BIG WASTE N ROAD HAULAGE Expert Beliovo3 Half Billion Dol lars a Year Being Spent in U. S. Unnocessarily VARIED BODYDESIGNS Many New Features Presented in 1920 Stearns-Knlgbt Machine 'Ihe new 10'JO Stearns -Knight ha among other Improvements two mniu features tirsl. a lighter car; second, ti longer wheelbase. assuring easier-riding qualities. These new cars are built on four i'liuder Knight motor chassis, with teu different bodj designs. Tlw- wheelbase liss been lengthened to l'',"i inches, both brakes bae been placed ou the rear drum, springs are flat and si imbes longer in front and teu iuchts longer in rear. Thuswith the 1 ".' -i uch wheel base iiiuetN inches is spiing. Timkeu bearings are used throughout, with ball bearing Ihiiist b-ariugs on the flout i wheels VICTORY SCOUT BODY Elgin Six, Scries K, Sliows Some, Big Improvements This Season The new Klgm Si serie K, improved and strengthened, is olTered for 10'Jil, with oue ehassis model having a Uh- nch wheelbase tin this are mounted a four-door sedan and a i ouvertible si-dan. hi--puseiiger louiing car ilnd the foiir lassonger ii ton Scout. All bodv tjpes as well as the chassis have nian.v improvements and tehue- ments. 1 he ictorv Seoiit hoil.v is ol low, bevel -edge disign and N ei cp tion.illy roomy, rcallv accoaiiDodating five if 'desired. The larger touring cal ls a pleasing hinl mg job. villi V-sbaped radiator, graceliill. curved fenders, new st.vle straight -line liodv . dooi-s sC Ibi-Ii with bodv and having utieeah d hinges. MODELS GREATLY CHANGED 1920 Premiers Show Little Resem blance to Cars of Former Years The lO'-'O Premier models hold verj little .semblance to the models, of pie vious j ears. One ijiussjs is used, on which is mounted five ljles of bodies. BOXING GAME IS BOOSTED BY INVALUABLE MOTORCAR BOM as II V LOUIS OXING in Philadelphia is flourishing never before. And much 5f the glove same's success may be attributed to Henry Ford's favorite gus wagon, and all other makes of the automobile. l'vcrv Momlav night at Ihe Olympin Club: Satuidiiv ui-ihts t the National, and ou the respective boiug evenings of the Auditorium and the Canibria clubs, luiudreds of machines are con spicuous bj their pieseuce iu the park ing spaces. Thousands of fistic fans aie enuvewd to the diffeieut clubs each eek . The automobile has proved a great luetor in the boxing same in more than one wav. Not oulv is the machine used -ii bringing patrons of the pugilistic jiast inn- tiitlic vanous armas ou tinn and in comfort, but it aKo is the means of gieat assistance to the mitt men themselves. When an out-of-town hover arrives here for a match he is rushed to a club II. JAI'TR via auto so rr mav get theie in tun for his bout The same system is useo when a listicufliau has only a short time to make a certain train after a contest, Johnny Kilb.ine, featherweight cham pion of the world, often presses a ma chine into service so that he mnv make conueettons to return to Cleveland di-i-cctlj after a bout. Not onlv is the automobile used b;. fans in local bouts, but also for ring matches in other cities. For instance, last Fourth of duly a number of au'o parlies were made up in Philadelphia for the purpose of motoring out to see Jack Pcnipsc emulate David against the Goliath. Jess AVillard. at Toledo, O Veeklj machine parties are made un iti Philadelphia to see bouts at Tieuton. lerse.v Citv and Nevvaik. This enables the fans to rettiin from the inentiomd cities the same night, and there liuv t been a number of occasions when spec tutors of ,lrisp bouts were back in Philadelphia even before the receipt of reports ou the bouts. SHOWS ORIGINALITY Daniels Eight Can Be Counted Upon to Exhibit Some Novelty Tho Daniels Eight is nlvvajs expected to" present something strikingly original iu body designs and has uot beeu a dis appointment. The body types include live. si aud seven passenger louring, four-pusspugcr close-eouplcd touring, three-passenger roadster, limousine, brougham, landau brougham, laudaulct brougham, seduu and collapsible winter roadster. Standard live aud seven -passenger touring bodies arc finished with heavy -olid mahogany lop rail mound entire double cowl bod.v. The windshield, mahogan.v framed raiu-iiou tjpc of individual design, is securely nnd neatly fastened fo the fiont cowl. Rebuilt Tiros Must Be Marked Selling rebuilt or reconstructed motor ear tires without "plainly aud piom iuently indicating on the tire" that it is rebuilt or reconstructed has been found uut, in- competition iu violation of the law The Federal Trade Commission has ordered n tire conipau.v of Long Island Cilj . N. Y . to discontinue Ihe practice 600,000 TRUCKS IN USE More than half a billion dollars a car is being spent unnecessarily iu the I tilled States for road haulage by mo tortruck, according to a calculation made by If. "W. Perry, manager of the Trailer Manufacturers' Association of America. Basing bib cstilnatcs ou registrations in tbe various states, which show more than 000,000 motortrucks in use, aud assuming the average capacity of these trucks to be two tons aud the average mileage traveled by them per day to be fifty miles, it is found that they have a daily capacity of 00.000,000 ton-miles that is. they could haul two tons 30, 000,000 in oue day, But the average truck or delivery wagon travels empty half its daily mileage, on its return trip. Ou many trips it is not loaded to eupneitj, but ou the other bund, it is overloaded frequently, und the average capacity of the vehicle in sen ice un doubtedly is more than two tons. So au estimate of 110, 000,000 tou-miles dail.v is a fair approximation of the work actually done. , CONSERVATISM IN MARM0N 34 MODEL NOVEL VALVE MECHANISM Stephen Car, Nowcomer to Phlladet phla, Is Stylish Product The Stephen is a newcomer to Phila delphia and has the uppearnnco of n thoroughly up-to-date, stylish product. It is made in one chassis, 'of 122-Inch wheel base, using an engluc of their own design, with vertical overhead valve cjllndcrs, rntcd at llftyscvcn horsepower. The valve mechanism is entirely in ..Wrl. Some of the nrinclnul inechnn leal features includo Fcddcrs radiator, Tillotsou carmirctor, special uio-uiio starter vvltli Bcndlv drive, llorg A: Peck clutch, special design Elliott irum axle nnd special rear axle, with Bock taper roller bearings. NEW CAR AT SHOW Cleveland Six Appears at Philadel phia Exhibition for First Time Tim Cleveland Six enters the show or the first time this yenr, bavins made Car Developed In 1910 Still on Mar ket, With Added Improvements Each Year The post war Murtnou .'51, with high cflicieuc.v motor, is an evolution, the outcome of that compuny'scouserv ativclj progressive policy. The !U was introduced iu 1010, and bus been lin pioved upon yenr. As the result of past experience, combined with that gained in building Liberty air craft engines, there is an accumulation of improvements this jear. Greater efficiency has been se cured bv changes, iucludiug better water-jacketing, ucvv tjpc of lubricat ing sjstcm, unusually large bearings, new- pistou construction, rigid crank shaft construction, carefully balanced and completely inclosed, uot a bingle rubbing part, is exposed, throughout the entire chassis, A feature of the improved engine is the accessibility of. all parts. The lubrication of bearings has received special attention bv the use of vacuum oil control, all oil delivered by the pump being obliged to go through the crnnkshaft and bearings before reach iug the regulator. RVmmfemrA luuorniory, luciory anq road tektA " TfV tc M mitt tt ton ... . itles that it innnediatcV ffi Mj," the really Prettntloii8Am"lcanU J1"1 and Iins steadily maintained tbnt i ' tlou through the half year of M in the bauds If many tliouBa,Tr owners all over the country, ' FEATURE SIX MODELS Cadillac Hao Fine Exhibit of 192 Cars at Auto Show The six models of Cadillac cars which arc featured iu tho exhibit at tho An. (oihobile Show arc a limousine ,ni," urban touring, victoria, phaeton ,i loadster. un' The Cadillac limousine on the 1-fi Inch chassis gives amnio loom in ll 1 car compartment for live paswmri with Hie eomfoi-fnl.lv ,,ni,iA-"r?e.rr. .: ...hi.. ::"." , "'",",l 10 - liitr nuxuiary seats In use. ti,. kon display is finished In attractive I pine green, Get behind the wheel of an El&in Six if you would know the real meaning of genuine motor car satisfaction. There is a distincL feeling of pride that &oes with the owning of a ' World's Champion Li&ht Sis ADVANCL MOTOR JjALES CORPORATION 514-516 North Broad Street, Philadelphis S1X naniel.v . two, four and seven passeugcr open, and four and sevcu passenger se dans. The inclosed oars are equipped with custom-made l-'leetvvood bodies. Both fhe four and s,.cii passenp.r i-ai-s have our doors, and will be furnished with i- without a division between the flout iiinl rear seuts Ml h.iidwaie is finished iu dull plat i entirely new sU-ejHndcr model, using Ihe first overhead valve engine of Na tional design aud presenting a car of extreme elegance, with long, low bod . with uiiusiml depth, due to currjing it ou brackets suspended from the fraiue instead of 011 the fr-inie itself. It is named the National Sextet, Mil ium A entilatois in the top spj , p,.lhi,;UB th(1 hK Uh ,.OIn,,alC(. wiU, t,cir ti.-h air. and an eIiuus heater fur- tvvelve-c.vlitider car of last vear. It is lushes vvaimlb iu winter. nile in , fotowing bodv st.les: HERE'S NEW SEXTET Not From "Lucia," but From Plant of National Co. The li'JO National comes- out with an r-cven passenger touring, tour-passen ger phaeton, two-pas.-enger . roadster. tour-passenger coupe and seven passen ger couveitible sedan. The new motor is cast en hioe, the cylinders being .'!' hy.i'i inchc. anil developing i(J Horse power at 2000 revolutions per iniuute. OAKLAND OWNERS REGULARLY REPORT ftTURt.S OF FROM 18 TO 25 MILM FROM THE CALLOSJ OF GASOLINE ASP FROM l.00 TO K.O00 M1LIS ON riRFJ THE NEW O A K L AND SENSIBLE SIX COUPE i ' 1 M"--""W'"W IIJBMBBMiCimaBaaaBMMBMBOPaBaaaBMMMMBIMlBMMMMBWWMiBBIIIIIIMMmMllllMBaMBBaiMBBBBaaMBnMat 1 l w . itBI I I fj H M ma mmI ' i$h Sk I I t I v m H -i-i M.Z ft v i ivi mm m ou itiB wsr r7 i w J. kML HBliMMMiMR W M, &iW v ft . WxPSzSB&imgg&aw -TStO i K A J 1 . v m AVw Jimm Naynts $ui urn tvmnztn Cd Hru mnd . S 1 I imm k-trlt ttimlitri mii Iwiul mi .. .t - ,... ... f ... . OAKLAND SENSIBLE SIX THE refinements of the Oakland Sensible Six Coupe are those usually associated with only the costliest cars. Tts chassis is efficient and reliable, and yet of a scientific lightness that endows the car with excep tional qualities of performance. For families that number three or four, or for the social and shopping purposes of women, this car is ideally suited. Considered purely from the investment standpoint, this car offers a value difficult to equal elsewhere. This car and other Oakland models are on display during the Automobile Show at Space 13, Commercial Museum Building. AVw Jint Haynts bbn- um iismftn Ctl Hru mnd n4n .httt standard tjutfimtut en a stvty tnatrtars Cr(ttll mndfivt wt uHtets ttandard ttxfimmt u ail n.,ie ttiwatr trt. H$cuh4els fttualeautfiTffnt at ,i ttra ckatgt, " nllwitlu TfcU adrtimmi copyngMtd, tXk), by JTw BaiuM AutemotnU Company. THE NEW SERIES HAYNES SUBURBAN OAKLAND MOTOR CAR CO. General Distributors THE Z. S. VERTNER MOTOR SALES CO. Philadelphia Distributors N 918 NORTH BRO :reet Bell I'limie r407- npopu RELIEF from obsolete ideas in closed'Car ik. building is signalized in the new series Haynes Suburban a splendid example of the new series Haynes offerings. Such a car, to meet the exacting demands of its owner and to reflecT; properly the social position of its occupants, must ex' press the highest development of the coach'builders art. The new series Haynes Suburban leaves nothing to be desired, whether regarded from its extremely dignified exterior or from its quietly rich interior. A movable panel of heavy plate glass affords opportunity to con vert the Haynes seven'passenger Suburban into the sedan or limousine type at will. J3eauty strength power comfort these four essential factors of character in a car find adequate expression in the new Haynes Suburban. The Haynes exhibit at the automobile show is the mecca of those who would see the season's true accomplishments. The Haynes, America's First Car, now exhibited by the Government at the Smithsonian Institu tion, Washington, D. C, was invented, designed and built by Elwood Haynes, in 1893. The beautiful Haynes Brochure is descriptive of all the new 1920 and new series Haynes character cars. This Brochure, and prices, will be mailed to you upon request. Address Department N. The Haynes display is exhibited at space No. 48 HENRY A. ROWAN, JR., CO., 2031 Market St: CHARACTER, tfeauty -- Strength Tower , ymJ CARS -' Comfort 1803 THE- HAYNESSJERT3Fia6T CAR, IQ2Q nSEsS" ' nlT mwmmmmmmmmwm J I Ma k ilF"w Ml -V.vB fwmWJkVt' ;'' i,,i. iJi 't-iMJ-SJi ' -... V1 mmm ;i.-)v;
Significant historical Pennsylvania newspapers