Show Stu Studebaker deb aker E Expanding an ding Its Output of Autos I I on Drastic Program Pro grant gram for Next Y Year car Expansion plane of oC the tho Studebaker corporation cill f for r 3 capac- capac It oC b 1000 cud las a senSer cars calS Inasmuch as 30 the company's year ear 1916 the sale of oC only cars It can be seen een that Studebaker has embarked on cn a most drastic program sa Information tort tion that h n. n T. T 1 Mitchell as- as f manager or of Studebaker Bros company compan of oC Utah local distributors of oC Studebaker cars Final figures I ures for 1918 will sill show about cars and delivered This Is somewhat bett better r rI than the estimate of oC six weeks ago due to tho partial removal nl or of production ion tion restrictions b by the war Industries board At the same time It Is cars short ot of an official estimate made mado early ear ear- l ly In HIlS 1918 Studebaker Is rapidly getting back Into big production ot of passenger cars Orders on hand will take tako the entire I outPUt to the tho end ot of March next D By that timo tho company compan will ho bo back Into real quantity production This company compan for or the next few tew months ot at least st will have a aa a productIon duct unit OL 01 cars U ny lo 18 menla that until steel allotments etc have ha been settled the tho basis of oC production will bo be cars As steel Is re- re leased and the tho labor Jabor situation clears a anew anew new price basis and production sched sched- ule uie will be be fixed d for tor the next cars So tar far none or of the Studebaker ordnance orti- orti nance contracts has been beon cancelled The Tho com company pan order expects to lo complete Its l English order or chassis One ol of the reasons that lint Studebaker r can easily swing back Into quantity production production pro pro- ot of passenger er cars Is that some of Its largest war orders are ot of a character which Permit the tho company to maintain intact Itt its automobile ma- ma tim tim- chinery anti and tool equipment In the vehicle department the got ov- ov ornament gave g orders for or a large Jarg-e number nurn- nurn her ber of horse drawn vehicles with t the c regular standard ard This means that In iii this department tIme the compan company can cam sving hack Into big bh production production pro pro- for Its re regular domestic do- do mands The Tho department t Is still one of the big producers of oC Stu Studebaker e aler revenue despite the tho fact that It Is lIt lIt- tic talked about rho above statement should not lead to the impression that any t tears will HI he shell b 13 th officials if IC there Is a general or of government business In fact such a course would probably be welcomed although there Is good reason to believe that In this respect officials ot of Studebaker feel little littie lit lit- tie tle different than those directing the tho I lr or of other turing concerns All are aro anxious to 1 get et back Into big production of oC pas pas- cars at as SOOn as possible Studebaker plans some Bomo financing in I connection with Its big big- expansion IlIa mI Just Tut what whal orni orm this will vil title has been heen definitely cI hut but will iii the o of time tho cur cur- remit m nth Its present bank banI borrow borrow- ings IngA are aro only about normal For the Investor In with n. n real ral vision Islon Studebaker financing is 18 n a bullish argument Intent ment as It m ns an expression or of the tho lon oe those directing tIme the affairs o of the compan company that wo are about to enter a 3 record periOd or of demand for or automobiles which calls for radical increases s In capacity To ro alec care ot of this demand must have ha additional nd- nd capital besides plant This just happens to be the first company of Its kind to pro pro- Pare tor or tIme the rush or of orders expected to set Het in hi next spring Others will un i have ha to n adopt ures It Ie he officially that Stud will earn m more ro for Cor its It common stock In iii the current year ear than bait In l 1917 lj when whon final results showed a share for Cor the tho common stock n An i estimate ot of U a share Is probably a n |