Mt. Pleasant Pyramid | 1926-09-10 | Page 3 | Automobile Industry

H-I-M Ml 1 1 M-H-H-H-4-K-W-l-j : Automobile Industry J ; Eighty-two per cent of the I world's motor vehicles are '. owned in the United States. '. Motors are now the third item ; '. of our nation's exports. American automobiles to the number of 530,741 were shippetf abroad during last year. ; I! In the truck and bus field It is noted- that 14,000 m? of bus i routes are operated by electric railway companies. The automobile Industry gives ; employment to 3,445,642 per- ', . . sons. I ;; Railroads carried 3,040,000 . " carloads of automotive freighf ;; in 1925. The purchasing power of fac- " tory wages for automobiles has Increased 150 per cent since I 1914. t It required 1.4S2 bushels of I wheat to buy the average motor T car in 1913, while only 552 X bushels are needed today. T More than 1,500,000 motor J vehicles were scrapped last J year. f A total of 14,041.000 motorists X visited the national paiks in f 1925, or 30 per cent more than X n the preceding year, f Taxes paid by the motor I vehicle aggregated $067,000,000 T ' . -i-t.J..t-l-t-t-l-t-M-M-t