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 50: Newer Entrants Into the Security 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.

Newer Entrants Into the Security Market.

While in the foregoing chapter are noted some of the securities of representative manufacturers attracting the most pronounced attention, there are several others on the border line, or that have not as yet “arrived,” and possibly may never do so.

There has, therefore, been so little activity in these securities, that examples of their flotations are negligible in this report.

Those most in the public eye are perhaps:

The Harroun Motors Corporation
The Emerson Motors Company, Inc.
The Ford Tractor Company, Inc., etc. etc.