Show IN No No 0 Reduction in Cars Says Nash Company I No INo Change Made l Before July First at atA attI r A tI Latest fe b M There Thore will be no changes In the prices of ot Nash passenger cars and trucks before July 1 I 1919 according to the tho statement mn made e by President C. C V. V W. W Nash at the time meeting of ot Nash ash distributors distributors tors from all parts of or the time country h held ld at the Nash ash motors plant at says C C. C J. J Simpson vice Ico president and general manager of ot the Pacific Nash Nasim Motor company compan who returned this week weck Mr Ir Simpson declared this is another Indication that automobile prices Inthe in inthe the time reconstruction period of or the time first six months of ot 1319 1119 will be G generally maintained Since the signing of ot the time armistice there thero were price reduction announce announce- announcements I ments made by a a. few tew manufacturers and this made mado the of price I I policy uppermost In tho the minds of or distributors dis dis- distributors and dealers everywhere Time The developments of or the past ten tenda's days das In Indicate that the time majority of ot time tho leading manufacturers m will maintain their prices and this amts scorns t to be particularly pary par rl true among among- the manufacturers ers era who rho have held helel their prices down during the uncertain conditions of or warIn war In most moat cases casc the reductions have hn been made by companies which during the war period have made several sO large largo a advances In het price Undoubtedly thO those increases were caused 1 by the limo tact fact that these companies companies compa compa- nies were furnishing to the government govern so m ment nt othor other than their own products product and probably produced such a limited d number of ot their own products that undoubtedly undoubtedly un un- I tho the manufacturing cost coat was waR very Yen high Tho Time Nash ash company while It during tho the war ar period tt was wal as on practically a I per cent war basis furnished tho the government government gov gov- while on this basis on only 1 regular regular reg reg- I ular time peace products of or the Nash factory Accordingly they are among those companies which are In a post post- to almost Immediately resume regime ume quantity pro productions production of or their own products prod prud- products for the time general consumer tra trade c. c In discussing his hie position on the price question President Nash sh said It lt has always alwa's beon been my policy to cut manufacturing man man- manufacturing costs costa by 11 efficient manufacturing manufacturing turing methods methode and to sell seU on oem a very cry small margin of or profit on a volume production production production pro pro- ba basis is This policy we have havo rigidly rig rig- Idl Idly adhered to throughout the war period period period pe pe- and are continuing tho the same pol pol- policy Ic icy now The h products have havo not been overpriced o We e ma made e no raises on these products except those naturally brought about b by refinements Improvements Im Im- pro and just recognition of the tho prices of ot material and Ja labor 1 or We c know that the Nash Six with 1 In valve motor priced at nt 1490 U O Is In dern demand n 1 b by oui our distributors theira their i a dealers an and the consumer public 1 Ir quantities that will tax our production I facilities This same point applies t tc the complete line o of Nash ash trucks Our margin of or profit on the complete complete com con Nash line Is s a small one andis and it itis ItIs is only onh by br quantity production that ware w are arc In a 0 position to market the time line s at these figures and remain hero here In bustness bust busi ness Realizing this situation we hay hav made the announcement to the public that there will be no changes In ht Nash Nas I h prices s before Jul July 1 I 1919 We e mak make makeI this announcement because of ot the uncertainty uncertainty un uncertainty I certainty In Jn the minds of ot somo dealers dealers dealers deal deal- ers and In the minds of tho the public brought about by hy the fact that sent sonn companies which had made big raise raise- In the prices prIces- of ot their products at th the th time that It Jt t seemed probable that ther would be no passenger car production In 1919 with the changed conditions condition have hare readjusted their prices Wo 1 o 0 make this announcement so o a ato ato to our dealers und and their customers customers cus cue of vt the intrinsic value of ot Nash Nass ash products at th their lr present prices I II It assures th them m that they not only ge gea geta get ctt a good dollar for tor dollar value le In th tho car on account of ot It Its Intrinsic merit but the they also know that no changes from the tho tac factory to 1 can In an anway any anyway w way affect the I general ener l market price o ol Nash products The Time reports brou brought ht In b by our distributors dis 1118 at their meeting In Indicate that tima there Is great prosperity prosper ahead for tor th the tha automobile le Industry throughout the l United ted States The rhe prospect of at peace Is ii already alread ringing about v a big d demand for tor both passenger cars and trucks Owing Owing- t to the limited production for tor the genera general public during the war period there I Id is lIkel likely to be an un under er supply of ot both passenger cars and tru trucks kIJ Dealers Dealer an and owners are ure recognizing this andin and In my opinion time the coming t spring wIllIi wIll wilt Ii sit see e the tho biggest demand for tor motor prod products that tha t this coun country tr has ev cyst eYer r seen We e are glad that because of at the fact fl that thelt our war work ork was strictly on pro tru production production of ot our regular line of ot passenger n- n ger cars car and trucks truck we are aro In a POJ position post post- tion to Immediately Immediate proceed to a vol volume time ume production of ot these thelle same name products for tor consumers Therefore we believe belle our factory our distributors utora and our dealers are all allIn allin In a a. position petition to reap their full tull share In Inthe Inthe Inthe the prosperity which the end of or the wa war WAT has brought to business generally I SI CnE S STOCK Detroit Dec Del 1 14 At 14 At At a a. special meets meet In of ot the stockholders of or the Auto Bod Body company compan at I Lansing Lansing- of new mew preferred stock was authorized It II t Is time the intention to I issue sue at pr present of ot this new stock The pre pree preferred erred terretI stock will be 6 p per r c cent nt cumulative participating also In further dividends dl after S per cent has been paid aid on common ato k The present stockholders will be given ghen first tint chant chanc to o purchase the tho new eto stock k |