Show eb 0 ti i da ej dj c ia i a ca ea tai PROGRESS OF automobile TIRE INDUSTRY SINCE 1910 IS SHOWN I 1 r K 3 I 1 4 M 1 Z tw tiso I 1 I 1 T F J jao cotton trac tease too il nice or 1 do t U commodities as f compiled compile by US da P 1 t 40 part n t of labor I 1 L 5 0 i 10 T T tim lower than ever 40 60 ed too J rubber decitise Deci tase while inest commodities used ty fly brinn lins have in ili cost during the past automobile tires tire lire it notable exception riKi ires just compiled bring out tile fact alint tire prices tine A tady steady downard donin rd trend since tile the benr 1010 1910 with alth only u comparatively dinall increase during dirring the war and after war nr days tires of snake can now no ft be bought III lower prices than before tile war and lower than at tiny anny tinie time since WO anil this tins lins been done without of quality for every tire user knows that lie Is getting twice the average sitt lenge front from tits his kirei that lie he vos getting a few fen years ago tills unus ital result tins lins been nc ile through the tremendously increased and use whick permitted quantity production nit and lit in larger part by means of the successive improvements in manufacturing proc esses which brought tr lit quality up tit und and costs down chart tells story the accompanying cliart tells a striking story factory nf air tire the progress prepress pre press sl ce 1010 1910 of nf nn an industry whose products approach tile he hefflon dollar mark lit in total annual figures studying tile the chart in ili detail it vill he be noted note that flint starting ith 1010 lie yel nii range of in the states run ran about up tip until iff 1010 lil ihlae tolton cotton final tit nill fiber pr the two to chief materials used lit in the of tires land a n general downward trend corresponding to tills the file price of tile the fInish col tires moved downward donn rd vial fit january they reached ahe lle lowest point they had ever ched d a point not again to ile ho touched until the lie price reductions hint flint took place this M winter inter at tills time 1015 1915 flares were mere alwort 68 per tent cent lower than in ili 1910 1010 crude rubber prices turned upward in tit alie spring clr r 1915 and the year saw lony long staple cotton start on its career tIng big er and filcher fil gher r passing nil all former ocels ever eer dreamel dren dron mel nied ot of till and reaching in tile summer or of it figure sa per higher thelm in ili 1910 at about minao time jime labor beg helnn nit to rise very kry all oi er the affecting e aery cry industry indu str k thia rin plo ed inon inen nw fim and tabor cosin atwith the front from 1015 to the summer niner of at 10 19 0 saw tile the general range of corn coni in tile the united states ellitia ing on n and up until at tile peak of 1121 1920 they the were uro over oer IGO 1130 per cent higher than lit in 1910 1010 in tile the rubber industry tills this increase in tile the cost of materials and lubor labor was necessarily necess nill reflected in lie he cost of tires ahe the downward trend lit in price which ft imd find previously marked tile the tit in austry up to 1010 1916 was replaced by it period of rising prices from tile the spring of 1018 until tile the rail fall or lou tire figures reached a point where they the were mire within SO 30 per cent of tile the 1010 level 1 end of increased costs the full of 1920 homer hoever sav afie end alf of the period of af increased cots costs lit in henrly genrl very every material till and in flit islieb product used by bi consumers long stople lotton callie dumi down us sharply slim pi us its it land imd risen though it alil it riot not get back it to ita old lo 10 low leel and ut ot the lie beginning of 1022 1922 Is still about nebout 55 per tent cant lillier higher than lit in 1010 1910 in ili tills atila it ranges just a little fit higher gher titan than the general beneral price palce average of nil fill lit in tile country us as coin coal ailed by the united strafes of lobor labor costs too ila had come down part of the way ny lut hut till still in ili tills in austry dusti stand more inore thrift IX per cant over oer the 1010 1910 level bruile rubber lubber which represents iw than 25 per cent ot or the ing cost of tires dres fabric and jabor be ing tile thu big luins items tins ani been anotn gradually donned fleit donn ward rd since 1916 all kiil though now no of on tile upgrade Is still 80 per cent below belott its price broke sharply too in the full of 1920 cost of ff tires fell the alie cost of finished tires anine dowil it in tile lie full fall of 1920 lit in title line with the lowered cost of mi anal serials till and imbor despite the fact and that luiere were ere inre of stock hoth both raw materials and fill sh ed cd products to lie be so today we e find a situ alon where lacre tit alie tire lire CO per cent conver linn tit in 1010 in ili other words tires lime have riot not only pone goric helow tile pre benr levels leps but arvios arvI ow r now nov than they lie line have ever liten in III tile history of this industry and aal this result in nn nit inal 4 kart try such as 1 ic tire industry ili likes ill p wen oven it a brillon dollars dolln rs orth of if finIs lied OMIS a year car t 4 a story of I 1 tremendous dois economic |