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Show number of machines turned out from 1900 to the end of 1923 is, in round terms, 20 million, of which about 15 million are now in use in the United States, 1 million have been exported, and the other 4 million have presum-"ably presum-"ably gone where all good autos go," to be melted down and turned again into new machines. These figures of production are those of the United States Census and the Automobile Chamber of Commerce, those of exports ex-ports are from the official record of the government and those of autos now in use are the latest estimate of the Department of Agriculture. The total wholesale value of the 20,000,000 machines turned out in country since 1900 is approximately $16,000,000,000, that of the 1,000,000 machines exported over $1,000,000,-000. $1,000,000,-000. "Of the approximately 18,000,-000 18,000,-000 machines in the whole world we have 15,000,000. The United States with 6 per cent of the world population popula-tion has thus about 83 per cent of the world's autos. This wonderful growth in our production pro-duction of machines, says the Trade Record, for we have made practically all of those now in use in the United States and probably one-third of those in use abroad, is a result of a trmendous increase in the capital invested in-vested in this industry. The census of 1900 put the capital of the automobile auto-mobile factories of the country at $5,-769,000, $5,-769,000, that of 1910 at $173,837,000, that of 1920 at $1,310,451,000, while the total at the beginning of 1924 is estimated by competent authorities at fully $1,500,000,000, or 620 times as much as' 25 years ago. With this enormous increase in capital investment invest-ment and outturn has come a big reduction re-duction in prices, the average export price of the machines sent out of the country having been, according to governmental figures, $1,708 per machine ma-chine in 1907, the first year of official offi-cial record, $1,005 in 1913, and $712 per machine in January 1924. This tremendous growth in the popularity pop-ularity of the autoombile has been shared by both passenger and freight machines, but especially the latter in recent years. The records of the Automobile Chamber of Commerce show that while the number of passenger pas-senger machines produced in 1923 was was 8 times as many as in 1923, ten years earlier the number of motor mo-tor trucks turned out in 1923 was 15 times as many as in 1913. Trucks now form about 10 per cent of the total number of machines produced; in 1914 they were less than 5 per cent of the total. Trucks formed about 16 per cent of the total number of automobiles exported of 1923, the average export value per machine being, be-ing, according to the records of the Department of Commerce; trucks 616, passenger machines $714. The exports go to all parts of the world. The 1922 record, the latest for which details are available, shows that motor trucks went to about 90 different countries, colonies and islands, is-lands, and passenger machines to over 100. Of the 24,861 trucks exported ex-ported in 1923 about 9,000 went to Europe, approximately 2,000 to South America, 2,000 to Australia, and 5,000 to Japan. Of the 127,000 passenger pas-senger machines exported in 1923 ap- proximately 35,000 went to Europe, 26,000 to Australia and 15,000 to South America. Exports of trucks to Canada are reported at 1,350 and passenger pas-senger machines 11,012, this comparatively compar-atively small number of machines passing from the United States to I Canada being due to the fact that the" Canadian market is largely supplied sup-plied by plants in Canada owned by United States companies, the 1922 outturn of these United States plants in Canada being over 90,000 machines. ma-chines. Order your butter wrappers now. OUR AUTOMOBILE INDUSTRY Announcement that the automobile production of. the United States in the first two months of the current year is 25 per cent greater than in the same months of last year suggests sug-gests that the 1924 outturn may approach ap-proach the 5 million line as against the former high record of 4 million in 1923. The number of automobiles produced pro-duced in the United States, says the Trade Record of The National City Bank of New York, which was only 4,000 in 1900 jumped to 25,000 in 1905, 187,000 in 1910, nearly one million mil-lion in 1915, vore 2 million in 1920, 4 million in 1923, and may approximate approxi-mate 5 million in 1924. The total |