Arizona republican., 1920-09-26
JORDAN REVIEW
 MOTOR INDUSTRY

Edward E. Jordan. president of the Jordan Nct1r t5r company, in speak irE'reccntiz e. tte status of the auto mobile industry IE she United States had the following l" say:
 The American people after the Srardest r..ltt5cl ,hey ever had in their lives have gone back to work.
 Vacation ended with Labor Day During the G.Julper the railroads car ried one hundred per cent more peo- p'e seeking pleasure. than ever hefore in history.
 Eight million motor cars have an average cf two thousand miles of car and t.re wear ana tear behind them.
 Thousands of de .ers and saIesmen. full of September i.cp arE on hand 10 meet the returning motorists
 Thousands of those who were dis appointed .n deliveries of motor cars before JIly first. took the road in their old one determined to look for good trade in the purchase of closed car in Septemb Der.
 They went away disappointed be- cause new car was not available. Many went by train in sorrow
 @7Iiiszi O''z4 Lady Gossip madea eathsm fovfuJ
 "She said the automoone up... .-- had reached it's peak-tnc in"xitabie day had como the old dog survival of the fittest came out and beloved at the moon. Prices are goins down wait
 "Tbe American people returned from suUmering at an increased cost of 2u per cent railroad fare with as 50 per cent Pullman increase. Now the great surprise has come. Motor car prices are trending up. Freight rates are 53 per cent higher. Look out--its the old story og feast or famine. They have buried the automobile business every | year for fifteel years and some people still hate 10 see bank deposits pass ike magic to Detroit. Toledo and Cleveland. There's a reason.
 Kansas City came out Of the dol drums first Then Omaha. Now Min neapolis is going into high gear It's i the old story. Production never does seem 10 catch up with the demand for merchandise that is fairly priced, 1 renders good service and is necessary. Many will seek long trades. They think you are crazy to do business Those who hesitate now will pay hlsher 1 prices before snow flies. 1 ''EVerybody has been buying from hand to mouth. Merchants have si- | lowed their stocks to run down The | crops have proven excellent The railroads arc making a record of speed in handling shipments which starties i those who thought il would take five years to get them going.
 You cannot regulate supply or de- mand by law or committee ruling
 Only 500, 900 motor cars were built in the first six months of 1920. There
 is no chance of building that many in
 the last six months.
 A kind of providence seems to look
 after the automobile business. Just
 when it looks as if the natural eco
 homie forces regulating supply and de-
 mand are going to begin to operate, some boob hollers fire and the indus
 try is saved from overproduction. fall ing prices and a slump. It will take six months for the industry to take up the slack caused by recent credit
 restrictions and mischievous gossip.
 Tn the meantime the demand is there Prices are trending up. The , public must be made to understand 2 There will be no scramble for all kinds
 of ears. But-there will be a strong healthy demand for good cars by peo- plc who have learned the wisdom and
 comfort which has come to those who have previously owned closed cars.