Rensselaer Semi-Weekly Republican, Volume 39, Number 65, Rensselaer, Jasper County, 19 April 1907 — THE AUTOMOBILE TRADE. [ARTICLE]

THE AUTOMOBILE TRADE.

Factories Working Overtime nnd Wall Street Slump lias No Effect. In spite of the slump in Wall street the automobile industry, which one might expect to show the effect, was never more flourishing than at present. The greatest trouble of the makers is not obtaining orders but getting raw material. It is estimated that this year there will be made something like 22,000 cars of the fourcylinder type, with a demand for the full product. Even more than this of the smaller ears will be made —cars costing about $1,500. One plant in Detroit is shipping an average of 42 machines per day. Michigan is the banner automobile producing State. In 1900 not a single factory was reported In that State, whereas last year the figures showed that it led in the number of cars produced, the amount of money paid for them, the number of people employed and the amount of money involved in the automobile trade and its adjuncts. Theodore Roosevelt, Jr., returned to the White House from Harvard several days ago on sick leave. This is the second time this year he has been compelled to forego his studies kecause of illness.