New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-08-31
HIGH GRADE AUTO
OUTLOOK IS GOOD
Packard Man Says De.
mand Will Grow as a
Result of War.
EUROPE SHUT OFF
FROM COMPETITION
Nj. J. BudlOng Predicts Greatest
Boom in Motor Track Trade
Ever Known.

"The sale Of high grade American
cars will suffer very little on account
of the European war, for the reason
that what is lost in one way will be
made up in another" That was the
reply made by NJ. j. Budlong, presi-
dent of the Packard Motor Car Com
pany, of New York, when asked what
he thought of present trade conditions
and their effect upon the automobile
business. Mr.. Budlong continued:
"The war naturally has affected
business in New York more than it has
in the West, and in New York it nat
orally has affected such industries as
the automobile business more than 1t
has affected trade in the common
necessities. The injury cannot be very
great, however, nor can 1t be per
manent. Even new, with the war only
a few weeks old, have noticed signs
of freer buying spirit than recently
prevailed.
"The capacity Of the United States
for adjusting itself 10 situations Will
prevent business stagnation now that
the first shock Of Europe's tragedy Is
over. OF course, there are some peo-
ple who are so hard hit by the war
that they will conserve every resource
for long time 70 come. but there are
others who will profit by readJust-
ment of conditions.
"The temporary cessation OF i'm
portation and expectation and the clos
ing of the New York Stock Exchange
have created new condition of affairs
for which we were not prepared, and
have brought the business of 35,OOU
brokers. importers and exporters TO 4
standstill. temporarily at least.
"Strange as il may seem, TINS un'
toward condition will not affect greatly
the high grade American car business
Although we sold a great many more
cars in this locality during the last
season than during any of several pre-
vious seasons, very little of our trade
came from the financial district. Other
pursuits have been more prosperous
and have supplied the demand.
"A large number OF Americans who
ordinarily spend many months m
Europe are now forced to return home
in many cases without their old cars
which have been contscated on the
other side, and in many cases without
new cars which they had intended 10
purchase in Europe. This will mean
an immediate and greatly increased
demand for high class American ears
Also. within the last few days we have
received many orders from men con
nected with various industries that
have Immediately prospered as a result
of the war, and who IN some cases
have made tremendous sums within a
short space OF time.
"Another influence which will have
n good effect upon the American high
Grade car business will be the prac-
teal elimination of the foreign made
cars. owing to the inability of their
importers 10 guarantee delivery and 20
supply parts and supplies. Many OF
those who have driven foreign ca'i
previously have done 80 as matter
Of habit more than anything else.
sour position in the worlds trade l.,
so strong to-day on account OF
Furope's necessity and our own great
resources that, in addition to meeting
our own requirements and supplying
Europe with food and other common