Gas tax diverted from highways in several states
Washington dispatch reports that a large portion of the gasoline tax collected in the past year was diverted from road purposes. An AA A statement cites seven states moving funds to general funds and other uses, including school funds and fish hatcheries, with amounts ranging up to about one million dollars in states like Pennsylvania and Georgia.
MENTIONED IN THIS ARTICLE
Washington, D. C
American Automobile Association
A. M. Loomis
Washington
National Grange
D. C
District of Columbia
Loomis
State Highway Department
Maryland
Texas
Dakota
Fish Pond
South Carolina
Montana
Georgia
New Mexico
Ford Made 47 On Cars And Tractors In 1924
Henry Ford earned an average profit of 47 on every car truck and tractor sold by Ford Motor in 1924 per Bow Jones and Co analysis of Ford Motor statements. The report notes profits of 100 428 416 from domestic sales of 1 950 000 vehicles and foreign sales of about 190 000 making a total of 2 100 690 units, while acknowledging likely lower net profit after including parts and miscellaneous income.
MENTIONED IN THIS ARTICLE
Henry Ford
Bow, Jones &Co
Ford Motor Company
Rubber industry shows large year end gains and price shifts
The report notes substantial gains in 1924 including a profit of 581.72 per share on 172,646 shares and total assets rising to 644,624,468, with major expansion in machinery and property. It tracks rubber price moves from 16 to 45 cents a pound, amid restriction act enforcement and export limits in British colonies.
MENTIONED IN THIS ARTICLE
Lord Winston Churchill
Britain Blamed for Tire Prices Rise in 1922
Harvey S. Firestone, president of Firestone Tire and Rubber, blames Britain for higher tire costs due to the British Crude Rubber Restriction Act. He notes the act placed plantation rubber supply in foreign monopoly hands, though he says such monopolies are temporary. Britain’s colonies previously supplied about 5 percent of world plantation rubber output prior to Aug. 1, 1922.
MENTIONED IN THIS ARTICLE
Harvey S. Firestone
Firestone Tire & Rubber Co
Hudson Essex Near 100000th Car In 1925 Output
Hudson Essex is nearing the 100000th car of 1925, a spring season milestone that would make Hudson Essex the leading six cylinder manufacturer for a second straight year. A Hudson dealer praises the model range, notes strong demand and the price cut driving buyer rush, and says continuous operation allowed factory savings passed to customers.
MENTIONED IN THIS ARTICLE
Willys-Knight
A. L. Lammel
Willys-Konight
Hudson-Essex
Hudson
Hudson-Easex
W. Keefe
Hudson-Essex Deaier
Hudson and Essex
Essex
Also Mentioned on This Page
GAO
New Willys-Knight
Ford
Britain
America
F. A. Muschenhein
Times Square
Broadway
Hudson Essex Waterloo CO
W. J. Keefe
Mar
Franklin
Kil-Nock CO
Sheridan Road
Chicago
Overland
Thousuanivar Anerley
Tedade
Toledo
Overland Waterloo Company East
Franklin, Waterloo
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