Evening star., 1930-09-10
AUTO MAKERS FIND
BRIGHT PROSPECT
Output in Excess of 900, 600
Units Estimated for
Year 1890.
special Dispatch 70 The star.

Special Dispatch to The Star.
NEW YORK, September 10.-A mild
ly optimistic view Of business prospects
for the automobile industry in 1881 Is
held by the majority of executives of the
automobile manufacturing companies,
according to report of a survey issued
yesterday by the New York News Bu-
reau Association. Most of the men
whose opinions were obtained said they
felt that the automobile output next
year would be substantially above the
estimated output of 100000 units for
1880. Many said it would compare ia
Vorably with that of 1923. when 4.358, 759
units we're produced. They emphasized
the Importance of the replacement de-
mand in next years business.
Alfred P. Sloan, jr., president, General
Motors Observation-Disclosures cer-
tain amount of replacement is being held
in allegiance on account of the continued
use of present equipment which other
wise would have been exchanged for new
equipment. This would have an infiu-
ence sooner or later. We must also re-
member that our replacement market,
that is our normal replacement, is in
creasing relatively on account of the in
creased number of vehicles that have
come into use during the past few years.
In other words, there are influences that
are bound to come into the picture
which will affect 1881 favorably. On
the other hand the general economic
situation to my mind is undoubtedly
dominating influence. ] believe that by
that time we will have passed through
the low point and be on the uplift, but
that is only guess. The general pur-
chasing power of the country, so far as
r T.
until many things have adjusted them
selves. How long that will take, l am
sure could not attempt to forecast. /
would say, however, that think it will
take longer than perhaps is thought by
certain others whose views I have no
ticed.
j. A. Bohannon, president, Peerless
Motor Car Corporation look for de-
cided increase in automobile sales in
1881. With it will come general busi-
ness Improvement approaching normalcy.
l.. A. Miller, president WillyS-Over-
land Co.-There is every reason to be
optimistic concerning 1881 because in
ventories are low and relationship be-
tween manufacturer and dealer, gener-
ally speaking, is ideal. Replacement
business alone in 1881 will be enormous,
and that should insure normal year.
This is more to be desired than an alb
normal year like 1929, which is one of
the causes of the present depression.
G. W. Williams, president, Marmon
Motor Car Goa general improvement
beginning in small way this Fall, but
steadily increasing into next Spring, is
expected by many economists. Just as
the automobile industry was one of the
first to feel the effects of the money
depression, so it will be one of the first
to act favorably to renewed prosperity.
H. H. Franklin, president, H. H.
Franklin Manufacturing Co.-The year
1881 is not likely to reach the peak
figures of 1929 but should exceed 1880.
!. A. j. Brosseau president, Mack Trucks,
Inc.-I believe production In 1881 will
compare favorably with 1928. The Ma
lions purchasing power for automobiles
has not been affected by unemployment
so much as by the disposition to curtail
expenditures until more prosperous
times The defiation of boom-time
values, as we'll as credit contraction may
be looked upon as a healthy portent for
the future, If there is any merit in the
economic theory that nations grow
richer in times of depression than dur
ing periods of lavish expenditures.
M. l.. Pulcher, president Federal
Motor Truck CO.. believe there will
be a very large automobile production
beginning some time in 1881. I am
RTeAI DcllGNGI III f1il1CitNd oAA0 a.
analyzing past depressions find each
time we go to still higher plane and
i firmly believe that we will go to
higher level and enjoy greater pros
perity than we ever have known.
E. S. Gorreli, president, Stutz Motor
Car Cove do not look for any up
ward trend in automobile business until
spring. 1881, at which time business
should be more than good, due to the
fact that we will then have, not only
the normal buying Of that period, but
also an added volume of people who
by then will have delayed their pur-
chases for almost two years and VINO
will at last be forced to buy.
w. J. Muller, president, Moon Motor
Car Co.-Taking the country as a
whole. it seems that business is as
suming a more optimistic outlook. which
is causing a trend toward business that
will be better in the future than 1t
ever has before,
An official of the Ford Motor Co. said:
s'We feel generally that the situation has
not hit bottom as yet, but that 1t is not
going to hit bottom. The Nation IS
going to pull out of it, as aviators say,
before it hits the ground. The expert
ence of Ford Motor Co. the past year
has been satisfactory in every respect.
we expect it to continue So"