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Story of the Automobile:Its History and Development From 1760 to 1917 with an Analysis of the Standing and Prospects of the Automobile Industry
Story of the Automobile:Its History and Development From 1760 to 1917 with an Analysis of the Standing and Prospects of the Automobile Industry
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Story of the Automobile: Its History and Development From 1760 to 1917 with an Analysis of the Standing and Prospects of the Automobile Industry by Herbert Lee Barber, a Economist and Financial Writer, also author of "Making Money Make Money," etc., etc. Published in Chicago in 1917. (267 pages)
Preface
Introduction
Chapter I. Introductory — Automobile Figures Are Amazing
Industry reaches two billion dollar mark — optimistic of future increase — point of saturation far off — reliability contest a factor in popularizing automobiles — Ford, the wizard who converted the industry to price reduction — installment plan of payment — part machining plays in low selling prices — women a factor in automobile buying — good roads now the industry's greatest aid — farmers as available prospects.
Chapter II. Mechanical Evolution of the Automobile
First horseless vehicle constructed by Cugnot, a Frenchman, over 150 years ago — invention traced in different countries, down to the first successful gasoline automobile made in the United States by Charles E. Duryea in 1892 — prohibitive laws in England discouraged invention there — Evans in 1784 first American to experiment in horseless vehicles — French and German inventors' part in development — Selden first patentor of gasoline motor — inventor's difficulties in interesting capital — electrics appear — steam preceded both electrics and gasoline.
Chapter III. Commercializing the Automobile
Steam and electric types outstripped by gasoline car — co-operation partly popularized motor car — standardization enabled price reduction — tungsten and other alloys, heat treatment of steel, advertising and invalidation of Selden's patent, in the industry's development — reasons for United States' supremacy in industry.
Chapter IV. Automobile Industry As an Investment
Industry had little original capital invested in it — present investment largely made up of profits — difficulties in getting capital — dealers put up money to finance distribution — production not reached its height — commercial cars and tractors promise great opportunities — industry a surprise to economists — large as it is, industry still in comparative infancy.
Chapter V. Benefits Conferred by the Automobile
A medium of exchange of knowledge and ideas by bringing people together — uproots bigotry and removes prejudice — revolutionizes thought and habits, and liberalizes mind — emancipates woman from drudgery of domesticity — increases social amenities — a health giver; saves human life; aid in eugenics — stimulates better roads — saving in war.
Chapter VI. Reports on Automobiles, Automobile Accessories and Tire Manufacturers Securities from a Financial and Investment Standpoint
Economic history, and its relation to stock trading in the automobile industry — securities traded in on New York stock exchange and curb — securities on exchanges in other cities, and data for 1916 — principal securities not generally traded in — prices land terms — newer entrants — security issues of tire companies — comparison of automobile with other securities — present and possible future trend — graphic charts and comparative tables.
Preface: (Excerpts)
...So far as I know, there is no book in circulation that tells, in concise form, the story of the mechanical and commercial evolution of the automobile, mirrors its sudden leap into popular use, and shows how it has demonstrated, in a most amazing way, the power of money to make money, describes its benefits to the world, and forecasts the future possibilities of the automobile industry as an investment.
...This book, the "Story of the Automobile," shows the struggle of man for one hundred and fifty years to devise a means of propelling a vehicle without animal power.
...It describes the various stages of the evolution of the idea of motive force other than animal power, in France, England, Germany and the United States, and its triumphant culmination in a successful horseless vehicle. And it makes clear how, when the automobile became of practical use, its successful commercialization became most profitable in the shortest period of time of that of any product of man's ingenuity supplying an article to meet human wants.
...The astonishing history of the automobile's success affords one of the most convincing and the best modern instance of the opportunities that are being constantly presented for investing for profit.
H. L. BABBER.
Wheaton, Ill., April 2,1917
Preface
Introduction
Chapter I. Introductory — Automobile Figures Are Amazing
Industry reaches two billion dollar mark — optimistic of future increase — point of saturation far off — reliability contest a factor in popularizing automobiles — Ford, the wizard who converted the industry to price reduction — installment plan of payment — part machining plays in low selling prices — women a factor in automobile buying — good roads now the industry's greatest aid — farmers as available prospects.
Chapter II. Mechanical Evolution of the Automobile
First horseless vehicle constructed by Cugnot, a Frenchman, over 150 years ago — invention traced in different countries, down to the first successful gasoline automobile made in the United States by Charles E. Duryea in 1892 — prohibitive laws in England discouraged invention there — Evans in 1784 first American to experiment in horseless vehicles — French and German inventors' part in development — Selden first patentor of gasoline motor — inventor's difficulties in interesting capital — electrics appear — steam preceded both electrics and gasoline.
Chapter III. Commercializing the Automobile
Steam and electric types outstripped by gasoline car — co-operation partly popularized motor car — standardization enabled price reduction — tungsten and other alloys, heat treatment of steel, advertising and invalidation of Selden's patent, in the industry's development — reasons for United States' supremacy in industry.
Chapter IV. Automobile Industry As an Investment
Industry had little original capital invested in it — present investment largely made up of profits — difficulties in getting capital — dealers put up money to finance distribution — production not reached its height — commercial cars and tractors promise great opportunities — industry a surprise to economists — large as it is, industry still in comparative infancy.
Chapter V. Benefits Conferred by the Automobile
A medium of exchange of knowledge and ideas by bringing people together — uproots bigotry and removes prejudice — revolutionizes thought and habits, and liberalizes mind — emancipates woman from drudgery of domesticity — increases social amenities — a health giver; saves human life; aid in eugenics — stimulates better roads — saving in war.
Chapter VI. Reports on Automobiles, Automobile Accessories and Tire Manufacturers Securities from a Financial and Investment Standpoint
Economic history, and its relation to stock trading in the automobile industry — securities traded in on New York stock exchange and curb — securities on exchanges in other cities, and data for 1916 — principal securities not generally traded in — prices land terms — newer entrants — security issues of tire companies — comparison of automobile with other securities — present and possible future trend — graphic charts and comparative tables.
Preface: (Excerpts)
...So far as I know, there is no book in circulation that tells, in concise form, the story of the mechanical and commercial evolution of the automobile, mirrors its sudden leap into popular use, and shows how it has demonstrated, in a most amazing way, the power of money to make money, describes its benefits to the world, and forecasts the future possibilities of the automobile industry as an investment.
...This book, the "Story of the Automobile," shows the struggle of man for one hundred and fifty years to devise a means of propelling a vehicle without animal power.
...It describes the various stages of the evolution of the idea of motive force other than animal power, in France, England, Germany and the United States, and its triumphant culmination in a successful horseless vehicle. And it makes clear how, when the automobile became of practical use, its successful commercialization became most profitable in the shortest period of time of that of any product of man's ingenuity supplying an article to meet human wants.
...The astonishing history of the automobile's success affords one of the most convincing and the best modern instance of the opportunities that are being constantly presented for investing for profit.
H. L. BABBER.
Wheaton, Ill., April 2,1917
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