Show CAPITAL INVESTED IN AUTOS A AMOUNTS TO IO 3 t Automobile dealers of f the United States had used cars in stock on April 15 16 according to compilations compilations compilations of ot figures gathered by the tho National National National Na Na- Automobile Dealers' Dealers tion These stocks had a total capItal capital capital cap cap- ital Investment of Th The estimated losses that the dealers will absorb on this stock and Investment In the first three months of 1 1023 1923 23 reaches a figures of at The figures that make up this startling result were obtained from froma a study by the National Automobile Dealers' Dealers association into the used car experience of do dealers in eighteen states stretching from the Atlantic to the Pacific oceans and covering the Mississippi TIl valley te The figures wore were based on the reports h by these three thousand den dealers who vho themselves acknowledges acknowledged stocks to totaling totaling totaling to- to automobiles with a capital Investment of ot S1 The study discloses that there thore is isan isan an nn avenge of 1088 cars in hands of automobile dealers dealer with an average Capital investment of per dealer |