Show OUTLOOK GOOD FOR AUTO GAME CAME Paige President Optimistic Over Future of Motors 1 New York Feb 3 S. II M. M Jowett president of ot Paige Detroit Motor Car Com company pan Is optimistic on tho the outlook for tor automobile Ho lie Industry comments com corn meats ments as lS follows to The Well ell Street Journal Journal- Personally I believe that II 1919 Is in goIng going go- go Ing to be a banner year ear For Instance our company hat has or orders ers for Cor spot shipments shipments ship ship- shipments ments for Cor or everything c wo vo can produce In the tho next ninety days das with additional orders piling InI In InI I r have hn Just returned from the tho ChicaGO Chicago Chi Chi- cago cage show They never nover held a show thero there where time the Interest has hns been so great reat In actual purchases purchases-I I mean moan people peo plo who camo carne In and lal laid down this money and took tho tIme car call cars Our Chicago agents reported that last weeks week's deliveries for tor retail trade were wore the tho biggest they had In fifteen weeks which for Cor Januar January Is IR very cry ex exceptional ex- ex as ns this is generally g a n low month for tor actual retail sales From tho the information which I have haverl rl right ht at nt tho the present time practically practically- all the automobile companies are in the same sarno position Production Product Ian nil fig figOur I Our prO production for tor the tho first ninety I days das of ot this year ear should about equal the first ninety days of or last year ear and after that will materially Increase There havo have been some apparent cuts cutsIn cutsIn cutsin In the price of or automobiles but the they have hn all nIl been boon mado made b by companies which last Jast August and September when tho the government put restrictions on each cachi company allowing them as individual in individual In- In companies to produce a n certain certain tain taimi number of ot cars knowing they could sell seH cars at practically any price put a fictitious price on them thorn that took them thorn out of oC their relative competitive field After tho the arn was sas signed they made reductions along In December Decem Decem- her ber throwing off otC the tho fictitious price I 0 and corning coming back to their competitive field The automobile industry as aA a n whole purchased Its materials In 1917 for Cor 1913 production anti and purchased at considerably consider ably lower prices than what It would have havo to pa pay payIn In 1918 and the government government govern govern- ment mont restrictions prevented It carryIng carry carry- Ing out Its schedule The ric result was It had to hold over o these materials and the automobiles that aro are now being manufactured and will bo be manufactured manufactured until next summer are aro practically practically practically speaking all 1917 purchases You will note that tho the actual rise riso In tn time the price of oC automobiles where fictitious tlc fic not put on was nowhere nowhere no- no where In proportion to the tho cost of or material material ma mn- and labor In ISiS 1918 The Tho result is we wo find that to go back Into the market now and purchase materials I for June Jul July nn and August delivery dellver wo wc I have actually got to pay higher prices I Ithan than for materials we purchased in I 1917 which are nrc going Into our automobiles automobiles automobiles auto auto- mobiles toda today Given Take for tor example bodies The Tho sheet steel going Into them which cost costus costus costus us we havo have to pay for an anthe and the tho same holds good for gear steel and practically everything c In an auto auto- mobile So I do not look Jook for tor a lowering o of tho the price of or automobiles during 1919 Over DOver 90 per cent of or the cost of oC any any- thing Is labor A ton of ot coal coni in the mines Is worth orth 10 cents per ton roy roy- alt alty Anything that you ou pay above e that delivered In your our bin Is represented represented b by labor A ton of ot oro In tho the mines Is worth from GO CO cents to 75 76 cents Convert that Into steel going f into an automobile and It is worth I 1500 a ton ton all all represented b by labor So to secure nn any decrease in price ot of automobiles for Cor the year 1919 a L corresponding reduction must be mn made o oIn In labor Jabor The Tho shelves of ot tho the stores of at our countr country are depleted depicted of or stocks The I purchasing power of or the tho people Is great and within the tho next ninety days das the demand for tor labor Jabor is going to bo ho Intense There Thero Is a little flurry right now that Is occasioned b by the tho cancellation cancellation cancellation cancel cancel- lation of or war var orders nn and all nil companies aro arc endeavoring to get on to tho the manufacturing manufacturing manu manu- of or peace time goods boods This cannot be accomplished In a moment but ninety da days s 's will see its tion |