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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 12, 1913
Page
15
Marion Motor Car Company unveils a self lubricating spring bolt for 1914 models aimed at reducing squeaks and cleaning the car interior. President J I Handley explains the feature extends oiling to about every 5000 miles and improves bearing surface for greater convenience.
The Manhattan Automobile Club of New York plans winter entertainments and dinners for notable men in politics and industry. The first dinner on October 11 will honor Maurice E. Connolly and highway official G Howland Leavitt for Queens road improvements, with Mayor Kline, State Highway Commissioner Carlisle, and Secretary of State May invited.
New York Oct 11 The annual statement for the year ending July 30 1913 shows General Motors Co a 9.90 percent dividend on common stock up from 17.44 percent and net profits of 8 284 140 after expenses and depreciation. Assets total 58 538 160 with real estate and plants 20 458 978 inventories 18 170 907 and goodwill 7 934 198.
George M. Dickson of the National Company in Indianapolis says buyers can select and purchase automobiles over the phone after experience with various cars. He notes customers often visit dealers only to pick a color or final detail, trusting the National name after viewing manufacturing processes.
A Belfast vet John Dunlop created the first pneumatic tire from rubber and a canvas bag, launching a vast industry. The process spans from Hevea Brasiliensis sap collection in South America to modern tire plants with calenders, mixers, fabric inspection, and multi hour vulcanization, producing tires for cars and more worldwide.
Officials from the Mitchell-Lewis Motor Company in Racine Wisconsin organize a sales group under the name Mitchell-Lewis Company of Racine. Frank L. Mitchell serves as treasurer Otis C Friend as sales manager and William H Armstrong as assistant secretary.
The Harrisburg rally last Thursday launched Pennsylvania’s $60 million roads bond campaign for November. Governor Tener Supreme Court Justice Elkin Lieutenant Governor Rey Senator Sproul and others urged a modern road system. Resolutions endorsed the loan pressed releasing $1.8 million motor license funds and backing national aid for roads and a trans continental Lincoln highway.
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