The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1920-06-05
AUTO SALES BIC
May One of Best Months, Motor
Dealers Say.
Bankers Ban on "AutO Paper"
Not Felt Heavily.
TRANSPORTATION ONLY BAR
People Are Paying Cash for
Automobiles Now.
Used Car Business Exceptional,
Dealers Declare.
TRANSPORTATION ONLY BAR

Market conditions in the motor car
business have been only temporarily
disturbed for a period of less than a
week by the recent refusal by bankers
to loan money on auto paper" ac-
cording to Topeka motor dealers.
They declare the month of May was
one of the best in the history of the
industry in Topeka. June has already
started with rush of business.
Transportation difficulties caused
the biggest delay to the business. This
was more acutely felt than the report
ed money shortage or the report that
it was impossible % get paper han
died. Dealers claim they can handle
modate. but that the largest part of
their sales are being made for cash.
People Are Paying Cash.
There are always times when sales
slow up a Bit" according to w. H.
Trefry, Ford distributor. ''They did
slow DIP for about two weeks follow
ing the scare the bankers threw out.
The public is now buying, however. A
few ask for terms and we can take
care of everything that comes in.
While we are selling all the cars we
can get we are still behind orders.
altho we have been fortunate in OBJ
tanning quite a few machines. May
was one of the best months we ever
had"
There is no apparent decline in
business" according to w. H. lines.
Dodge dealer. May was the biggest
month in our history. The percentage
of sales on terms was lower and the
percentage of cash sales was higher
than at any previous time. We can
get all the accommodations necessary
for handling paper. We are now OBJ
tanning cars more easily than we did
more cars and making more deliveries
than ever before. No better market
conditions could be desired"
Believe In Present Market.
Noel V. Wood, Cadillac and Buick
representative. said: MAY was equal
TO any previous May in our history.
June has started exceptionally strong.
A large per cent of buyers are paying
cash. We have no trouble in handling
all legitimate paper. We believe in
the present market. I bought twenty
five cars recently. had the chance to
buy twenty-five more, took them, and
then turned around and got eleven
more cars. That is fifty-six cars
bought in less than two weeks. The
worst feature has been the trouble
| in transportation. We have had to
go after our cars since April and
make our own arrangements for
| bringing them in. In four weeks
| 1900 cars have been sent out from
the Kansas City branch"
"Curtailment OF auto paper by fed
eral banks has had the same effect
on the public as the passage of the
bone dry law" according to H. H
Mack, of the Neal Motors company.
l"People that never drank drop now
go hunting a drink. and those that
never bought motor cars before are
buying now"
Used Car Trade Heavy.
Business is about the same as in
| other years" according to A. D. Kirk
patrick of the Capital Auto & Supply
! company. THE second hand car
busin ass has been exceptional. Wealth
er conditions and lack of transporta-
ton facilities have caused more diff
ficulty tran any other factor. We are
handling all the paper necessary"
| o. NJ. Himmelberger. of the Paige
Home, stated: Business is excep-
tional May, 1920. far surpassed May.
1919. We sold eleven new cars and
Ithirty-six used cars. We are handling
our own paper and can take care of
all that is necessary"