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Show Local Horseshoe Tire Man Is Back From the East L. A. Bailey Optimistic Over Motorcar Future, but as to Reduction in Tire Prices, Merely Submits Facts; "Take Your Own Guess." ONE of Ota first of Salt 1-akea big auto or auto a-c.Miiori nlatrlhutorl to rrturn fmm th Km lnce the aliening of lh- nrmii.tlc l L. A. Pailev. prrt.ld-nt of lh Horho Anto Tire romt-inx Ht Is bark In tus offlcm. after a trip which covered vMta Chirac", ll.irlne. Mil-riiikce. Mil-riiikce. St. I'aiil. Minneup.ili. ntio St. flourt Mr Balley'a report on the rnlitin of mHttern tcriHlntnic to antn. In jneral holiln a nrrat deal that la of Intereat to thoae In the trada. aa well ... Iha mihllf .-- -Optimism prevails throurhout autn. 'mobile circles l th- Vt " ";s Mr Bailey. J'Ken the mot t-inervaTiv men In the third l.irKt indiiKtry ir thla cotmtn- prophecy ;i M - vetiri Luainei for 1 a l The ceantion fif hoatilitiea haa naturally nat-urally mlaed the question of lowei prtcea. Since you have aaked nie f r my vlewa, I am prompted to oullin1 In a aomewhat enfr;il manner th aituatlon aa It a, penis to me at thi time. "Flrat Tha government price fixing committee of cotton Kod ha announced an-nounced that the prtcea which have ruled for aeveral weeka will be continued contin-ued at leant until January I. The Marine factory haa been officially notified no-tified that the adviaablltty of extnd-ln extnd-ln the perhal of price control will b connidered and later decided hy the b.jaxd In chai-K There h :n '-vhient feel. lift that JXovei iniietit rTTiimi :n rr-aentlat rr-aentlat to prevent abnormal price advances. ad-vances. recond There la no evidence i f any Immediate clianxe of prices of zither commoditic which aTve to mid-lfy mid-lfy the coat if pioditctlon. AKain. no reduction In the watte acale cither contemplated or ant ictpalet. The fore- aotiifc briefly and yet exp'IcUly covers the n round. "As to when and what extent there may be noticeabla reductions reduc-tions In the prices of raw material, I cannot aay. "In order that their itiajiufacturinit; operations may be continuous. I miarht state that the KacTbe Auto Tire company com-pany haa on hand aufflclent amount of cntiine Hea inland cotton fabric to laat them, under normal production, until about April 1. 11. Farther than that they are at a loaa. aa the optr-tuntty optr-tuntty to contract for future deliverlea has nowhere preaented liaelf. There la a noticeable shortage In rubber, but JuBt prior to leavltia; the factory, re- llHKlak Itifnrrnnt inn m ust recelvnt that tha g)vernment had released 170.001 pounds and was planning to make a further release of an equafc amount. Mr. Bailey stated that this information informa-tion was given with no thought or expectation' ex-pectation' of Influencing anyone nrif way or another, ao far aa the purchase of tires and tubes la concerned. H simply aubmlta the facts aa they are. dolfig ao for the reaeons aaaigned In tha on tart In a word, he believes that one mun i gueaa is as god as another's sad mi i1 1 1 one i a n follow Mil' UlUIHK w hich hia own Judgment dictates. Mr. Bailey Is very sanguine over the outlook for business the coming year, pasting hia opinion from the fact that nearly all of the large reserve stocks of casings and tutea have been exhausted ex-hausted and the government reUas ng at eel to the car manufacturers will Increase the demand for casings and tubes to an enormous extent. The Racine Auto Tire factory fa rapidly replacing the workmen who were released temporarily during the restrictions imposed by the government, govern-ment, and hopes to be running at full capacity early In the spring of Jl. They are rapidly acquiring wiu.pment which will enable them to produce a new cord tire which will he one of the pleasant Hurprises to the car owner, as they will maintain the aame quality fn their cords aa they have In the r f-brlc line of en tog |