FORD’S MOTOR BUSINESS.

Hokitika Guardian, 5 November 1923, Page 2

FORD’S MOTOR BUSINESS.

NEAY YORK. November 3. The monumental position of Henry Ford as an automobile mnnufnetiner was again demonstrated, when it became known that he had given orders to various manufactures from whom ho buy tyres etc., to speed up production in order to enable him to produce ten thousand ears daily by February. 1924. Ford’s I'actß. ies are now prt'lucing seventy-lire hundred automobiles daily, and it is estimated tile 1923 pmlnotion will be two millions. Ford recently launched a scheme in conjunction with the banks by which, tin the payment of live dollars, a purchaser will receive a car, ami future payments are deposited weekly with the hank-. Jt is considered likely that this caused the tremendous domestic* increase in demand. making necessary the augmented production. It lias been estimated that Ford's profit is ninety dollars on each automobile. No announcements have l>een made concerning a lowering of the price. NOTED AIRAIAN’S DEATH. NEW YORK. November 3. Sergeant James AVnller, a gunner wle. with. Lieut. AlcCubbin shot down The German ace lmmelmann ill 1916, db-d of gamo-ene stomach caused through ga-sing. He had been butler to a prominent American family.