Story of the automobile: Its history and development from 1760 to 1917 / With an analysis of the standing and prospects of the automobile industry

Chapter 45: Curb Market.

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Engineering & Technology History - Modern (1750+)

About This Book

The work chronicles the mechanical and commercial evolution of the horseless vehicle, tracing early experiments in France, England, Germany and the United States and the gradual emergence of a practical automobile. It examines commercialization, mass production and parts standardization, highlighting the role of large-scale manufacturing in lowering prices and expanding ownership, and treats the industry's economic consequences, investment opportunities, and social benefits. The author emphasizes how cooperation among manufacturers and production for mass markets generated substantial profits, and an appended chapter provides an editor's account of contemporary industrial conditions and figures.

Curb Market.

Some of the big fluctuations shown in the charts are accounted for by the abnormal irregularities of one or two giants of the industry, whose volume of trading produced a marked effect upon the totals traded in, and their average prices. Instances like United States Motors Company and B. F. Goodrich Company may be cited as examples. The accessory shares have seen a general rise since first traded in, in 1912.

The following chart shows average price of automobile, automobile tire and automobile accessory manufacturing stocks traded in on the New York Curb for 1906-9-12-16: