The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-10-02
THREE AUTOMOBILE
FIRMS CUT PRICES
LocOmObile Drops by $3.50,
Mercer by 81, 900 and Stan
dard by $50.
CARPETS ALSO LOWERED
Restaurants Await Slump in
Meats Before Changing
Menu Cards.

Outstanding in the announcements Of
price reductions made yesterday is that
Of the Hare's Motors, Inc. which ia the
operating company for the Locomobile
and Mercer automobile companies. Both
makes OF cars have long been among
biles. Standard Locomobile cars, ac-
cording to the announcement have been
reduced $3.50 from their former price
and Mercer cars OF standard pattern
have been reduced $1,000. The reduc-
ton is due. the announcement continued.
ito our belief that the spirit of the
times demands a reduction in prices so
that the purchasing value of the dollar
may be increased to a point where there
is sufficient buying power properly to
finance the business needs OF the coun
try"
Announcement was made that the
Standard Motor Truck Company IN De-
troir had reduced prices on both the
light and heavy trucks. The cost of ths
five ton truck was cut $3.50. while. that
on the one ton was cut $3.50. On the
other hand. the prices of three models
Of the Roamer automobile manufactured
by the Barley Motor Car Works. at Kali
amazoo Mich. were advanced 800.
In making the announcement of the
rcductons the Standard Motor Truck
Company let it be known that the move
was made to keep the bali rolling
I'VE believe that the sooner any un-
certainty regarding prices is removed
the quicker sound business will be re-
stored" said f. j. Fisher. secretary and
treasurer of the company. I'm making
this move we anticipate that other high
Grade truck manufacturers will take the
same step. There will be no reduction
in the wages paid in our plant as u re-
suit Of these price changes
From Amsterdam, n. Y, one of the
centres OF the carpet and rug making
industry in the United States. comes the
announcement that the semi-annual
price schedules of the manufacturers
were made public yesterday and show
4 general reduction of from 10 to 10
oer cent. on various grades of rugs and
carpets.
Little hope for reduced prices in res
.aurants until meats become more plenti-
full was seen yesterday by Leonard A.
Nay of the Cafe Boulevard and promi-
ent member of the Society of Res
taurateurs, who summed up the out
oOh luI lAE NEW 1 ORk HERALD as
clows:
There has been a big decline. recently
IN the price of produce-that is fresh
regeta bles, though not fruits-and in
he price of canned goods. and you will
md the decline reflected generally by
reduction to some extent in sucn
fishes in a In carte restaurants. Poul-
Nv and beef. howeter, are still sta
-ionary, and lamb. veal and dairy prod
vets have gone up.
THE bumper grain crons rerorted this
wear cannot but helm eventually to make
meat chearer and when 1t does you ms"
he sure there will be general reduc-
ton in restaurant prices OF from 3 To
90 per cent. But there's no telling how
long IL will be before meat falls in
price"
Though there has been no increase in
the price of milk for October there i
every prospect of "A steen increase II
November. due to the action Of the mill
drivers union. Local 5S4 of the Inter
rational Brotherhood of Transfers. Tho
union. it was learned. has formulated
demands for increased wages FOR the
year beginning November l.