Mohave County miner and our mineral wealth., 1922-08-25
FOR
 JULY WELL OVER 200 900 FIGURE
No Signs of Sales Slump
 Yet Noticeable-Market
 Changing From Cities To Rural Communities.

DETROIT, Aug. "A. (Special)-Al- though complete figures are not yet in on passenger car and truck pro- duction, all indications point to the fact that over 100000 cars were pro- ouced in the month of July. This indicates that the usual seasonable falling-off has not been any consld- erable extent, June production having been 2SS,OOO. That this is cause for much optimism among manufacturers is evident from expressions heard on all sides. In fact the output of some companies was fully as great during the month of July as in June. . The only, thing that will seriously affect retail and wholesale sales will be the rail and coal situations, it is felt here. While the expected sea- sonal decline has set in, it has been far less than was looked for, and tt |: much less than the average for q period of years has been. At the present rate of production, the third quarter will exceed the same period of 1921, which was the best of last year.
 Most manufacturers are we'll heeled as far as coal supply goes and their chief concern is the rail strike and priority orders of the Interstate Com- merce commission. The effect upon the steel mills by the shortage of coal will seriously handicap the auto- mobile manufacturers. This factor is bound to enter into production schedules to greater extent than any other. To date there has been no car shortage of any great extent and even were one to occur, the old standby of driveaways would suffice to keep many factories in good pro duction. Enough cars could be se- cured to care for the requirements of the Pacific. coast, the South and the Atlantic seaboard. tI is recalled that during March 1920 over sO,OO0 motor cars were delivered from the factories on their own power. At that time the rail congestion was very acute.
 Reports fro mvarious sections of the country indicate that there has yet been no slump in selling. Par ticularly is this true of New York where July sales are practically equal to June sales. New York is reporting a shortage of closed cars. George M. Graham, vice-president of the Chand- Ter factory, who has just completed a tour of Al states declares that crop conditions and easier money through out the West is beginning to augur we'll for a wonderful fall business. Graham states that enthusiasm is run ming high and that the business sit uation particularly in the western and Pacific coast states is exceedingly bright.
 It seems to be agreed on all sides that the price cuts of last week were not due to any anticipated slump in sales. Price revision, on the other hand, is looked upon as one of the best evidences of the industry's ar rival back to sound merchandising principles which make price dependent upon high volume production. The record-breaking production of the in- dustry has been continuous since March 1, it is pointed out, and sales have exceeded production practically every month. Tie fact that caution has been the watchword of every man. :ufacturer has tended to prevent the industry from running hog-wild. The market is ranging at this time of the year from the cities to the rural dis tricts and there is another factor in the situation. Competition in the lat ter districts is adjusting itself and is taking on keener aspect.
 It is felt here that the motor truck branch of the industry will feel an impetus caused by the rail and coal situations. Heavy duty trucks, es- pecially, are commencing to feel the stimulation caused by the freight car shortage, and for both the lonp and short haul the motor truck, is finding a place where it formerly did not exist.