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Show iTHE EFFECT OF RISING AUTOMOBILE PIES "Many peoplo are wondering what effect the rising price of automobiles will have on future sales," says L. L. HalnB, of the Ogden Motor Car Co, and while Hudson has not yet announced announc-ed an increase in price, such an increase in-crease must come, we know. "The average selling price of fifty-one fifty-one makes of cars on January 1 last was 2.142.G0. The present average price of those very same cars, which have not been changed enough to account ac-count for any such price advance, is $2,338.79. The average increase has been $196.19. "If tho advances in pripes had not been confined to automobiles, the future fu-ture sales would Indeed be affected. But just look at what has happened in every other line and you will see parallel paral-lel cases. "Tho wool grower objects to paying the hog raiser $18 a hundred for his pork. But so also does the stockman resent paying the prices charged for his clothing that is now made from wool which sells at 70 cents a pound as against Its former price of 25 cents a pound. However, when wool was at its lowest figure, the hog man was getting get-ting about $10 a hundred and was fattening fat-tening his stock on 85 cent corn, which, today, la in tho aristocratic price class of $1.75 a bushel. "Everyone has something to sell to someone else. When the men In the coke ovens in Pennsylvania found the increased cost of living was taking all the surplus money they had planned to lay aside by reason of their un-usualiy un-usualiy steady employment, they got an increase in their wages. Then tho price of coke wont up and thero had to be an increase in the price of steel. Bulldipgs cost more. Machinery advanced. ad-vanced. There was a readjustment In prices everywhere with everyone paying pay-ing more than he had been accustomed to pay and everyone receiving more than ho had been accustomed to receive re-ceive "Everybody is doing more -business than he did a year or two ago. Thoro nre a lot of people who never before had the money to gratify their desires. They are now satisfying those wants." |
