Forest City press. (Forest City, Potter County, D.T. [S.D.]) 1883-19??, 1912-09-26

Many Companies Incorporated.
The number of companies Incorporate
ed i'm the last six months for the pur-
pose of manufacturing and selling au-
tomobiles and parts and for renting
automobiles. running motor truck and
bus lines. conducting garages n re-
pair shops and manufacturing and sell
ing Observation-Disclosures a fair idea
of the activity in the field since the
first of the year. The total number
OF those Incorporated during this pc
riod as intending to manufacture and
sell automobiles and parts is 44o, while
the others amount to 352. The total
capitalization of these companies rs
sl3s. $50. 74o. the capital of those formed
to make and deal in cars n parts
aggregating SO 9l 100. while that of
the other concerns is $66. 665. 800.
Export Business.
The United States has settled into
first place as the leading automobile
exporting nation OF the world. the
value of the exports of automobiles
and parts from our shores to foreign
countries steadily increasing, while the
value of the imports Is correspOndingly
decreasing.
The exports to Italy up to June
amounted to 1872 and for 1911 they
from Italy In 1912 up to June ]. how
ever. have increased by s129,3s over
the total imports from that country
In 1911, as the valuation Of his years
Importation is $3.50. 1ls and in 1917 it was
5000. 1913 for the entire year.
Canada maintains the lead of foreign
countries using American cars and the
value OF our exports to that country
for the first Ave months of this year
falls short of the figures for the entire
year of 1911 by only s., 1888 1875. Our ex-
ports to Canada during 1911 were VAL
rt~<1 nj a. r A Aho --,1 t. A. G--A 49,.
months of this year the value of the
automobile exports was So, FOG. 1903.
In 1912. $704.417 worth of machines
built in the United States were ex-
ported to South America up to June /,
while. in the hole yea of 1911. ST.
S5e.445 was invested by the people of
that continent In our motor ears.
Low Priced American Cars.
1T is the lower priced American cars
h a v h largest foreigN mar-
ket. because, as a general thing, the
foreigner III can afford to buy a
higher priced car is satisfied with the
product OF his own country. Recently
III lower priced American automobile
has been gaining favor abroad. as is
evidenced by the fact that the aver
age price OF the exported cars has
dropped from $1.0O0.70 in 1911 t o $s77. ss
in the first Ave months Of 1912.
The value OF the tires exported from
this country Increased from 81. 1913. 1872 in
June. 1911, to 81, 1896, $50 in May, 1912,
or 3497, 43e.
That American-made automobiles
have established themselves firmly on
foreign soil is clearly shown by the
tremendous increase in the value OF
the ears exported from this country
In the past 10 ear The value of the
cars n parts exported in 1901 was
only $685.. 81, while in 1906 this business
amounted to $685.. 655. In 1906, which
is the first year for which n lnpcr-
tation records are available. they were
valued at $2.002, 459. In the following
Year they cached their highest point
at $4.91O.208. and the exports for that
year were 81, 409.186. After 1905 the i'm
ports Infatuated very much. but the ex-
ports continued to gain steadily In
1909. the exports reached $7.786. SIT and
the imports touched their second high
est figure. 1927. sos. but one yeor later
n imports a lost almost 100 per
cent. while the exports had gained al
most the same amount. In 1911 the Inn
ports dropped to 81, $780, 600 and tie 81.
ports jumped to $21, 636, 661. Up 10 June
l. 1912. h value OF the exports was
I'll .l39, 125 and the imports were valued
at $S62.053. With seven months Of this
year left, after these fgures were COM
piled. In which to carry on business.
II Is safe to predict that the value Of
the exports for 1912 will reach
vs"'~""sS~V.