New York Stock Exchange.
The rise in average price of the automobile securities traded in on the New York Stock Exchange, as shown on the chart, is due to the general expansion and increase of the automobile industry which was naturally reflected in the securities.
The following chart shows average price of all automobile and automobile tire stocks traded in on the New York Stock Exchange for years 1906-9-12-16:
Securities of Companies Traded in on New York Curb Market.
The securities of companies manufacturing automobiles, automobile accessories and tires, which were traded in on the New York Curb during the years 1906, 1909, 1912 and 1916 are shown in the following tabulation. Some of these curb stocks have graduated to the big exchange.
| 1916 | 1912 | |||
|---|---|---|---|---|
| Name | High | Low | High | Low |
| Chalmers Motor Co. | 391⁄2 | 33 | ..... | ..... |
| Chevrolet Motor Co. | 278 | 114 | ..... | ..... |
| Emerson Motors Co. | 41⁄2 | 11⁄4 | ..... | ..... |
| Falls Motor Co. | 13 | 61⁄2 | ..... | ..... |
| Grant Motor Co. | 14 | 7 | ..... | ..... |
| Hupp Motor Co. | 113⁄4 | 51⁄8 | ..... | ..... |
| Imperial Carbon Chaser Co. | 53 | 121⁄2 | ..... | ..... |
| Keystone Tire & Rubber Co. | 195⁄8 | 11 | ..... | ..... |
| Preferred | 181⁄4 | 12 | ..... | ..... |
| Mitchell Motor Co. | 731⁄2 | 511⁄2 | ..... | ..... |
| National Auto Corporation | 441⁄2 | 33 | ..... | ..... |
| Peerless Motor Co. | 311⁄2 | 18 | ..... | ..... |
| Pierce Arrow Motor Co. | 65 | 42 | ..... | ..... |
| Preferred | 109 | 101 | ..... | ..... |
| Republic Motor Truck Co. | 74 | 54 | ..... | ..... |
| Scripps Booth Co. | 62 | 35 | ..... | ..... |
| Smith Motor Truck Co. | 61⁄8 | 41⁄2 | ..... | ..... |
| Springfield Body Co. | 551⁄2 | 51 | ..... | ..... |
| Preferred | 139 | 101 | ..... | ..... |
| Standard Motor Co. | 101⁄2 | 57⁄8 | ..... | ..... |
| Stromberg Carburetor Co. | 451⁄4 | 38 | ..... | ..... |
| United Motors Co. | 94 | 423⁄4 | ..... | ..... |
| 1909 | 1906 | |||
| High | Low | High | Low | |
| Chalmers Motor Co. | ..... | ..... | ..... | ..... |
| Chevrolet Motor Co. | ..... | ..... | ..... | ..... |
| Emerson Motors Co. | ..... | ..... | ..... | ..... |
| Falls Motor Co. | ..... | ..... | ..... | ..... |
| Grant Motor Co. | ..... | ..... | ..... | ..... |
| Hupp Motor Co. | ..... | ..... | ..... | ..... |
| Imperial Carbon Chaser Co. | ..... | ..... | ..... | ..... |
| Keystone Tire & Rubber Co. | ..... | ..... | ..... | ..... |
| Preferred | ..... | ..... | ..... | ..... |
| Mitchell Motor Co. | ..... | ..... | ..... | ..... |
| National Auto Corporation | ..... | ..... | ..... | ..... |
| Peerless Motor Co. | ..... | ..... | ..... | ..... |
| Pierce Arrow Motor Co. | ..... | ..... | ..... | ..... |
| Preferred | ..... | ..... | ..... | ..... |
| Republic Motor Truck Co. | ..... | ..... | ..... | ..... |
| Scripps Booth Co. | ..... | ..... | ..... | ..... |
| Smith Motor Truck Co. | ..... | ..... | ..... | ..... |
| Springfield Body Co. | ..... | ..... | ..... | ..... |
| Preferred | ..... | ..... | ..... | ..... |
| Standard Motor Co. | ..... | ..... | ..... | ..... |
| Stromberg Carburetor Co. | ..... | ..... | ..... | ..... |
| United Motors Co. | ..... | ..... | ..... | ..... |
| 1916 | 1912 | |||
| High | Low | High | Low | |
| Studebaker | ..... | ..... | 591⁄4 | 34 |
| Preferred | ..... | ..... | 104 | 94 |
| U. S. Motors Co. | ..... | ..... | 9 | 1⁄16 |
| Preferred | ..... | ..... | 301⁄2 | 3⁄4 |
| Willys-Overland Co. | 471⁄4 | 41 | 72 | 671⁄2 |
| Preferred | 1063⁄8 | 1041⁄2 | 1011⁄2 | 99 |
| Goodrich, B. F. Co. | ..... | ..... | 861⁄2 | 701⁄2 |
| Preferred | ..... | ..... | 1091⁄2 | 1063⁄4 |
| General Motors Co. | ..... | ..... | ..... | ..... |
| Rubber Tire Co. | ..... | ..... | ..... | ..... |
| Preferred | ..... | ..... | ..... | ..... |
| Ajax Rubber Tire Co. | 731⁄4 | 63 | ..... | ..... |
| Alliance Rubber Tire Co. | 53⁄4 | 5 | ..... | ..... |
| Preferred | 83⁄4 | 81⁄4 | ..... | ..... |
| Electric Vehicle Co. | ..... | ..... | ..... | ..... |
| Preferred | ..... | ..... | ..... | ..... |
| American Motor Co. | 651⁄2 | 60 | ..... | ..... |
| Pope Mfg. Co. | ..... | ..... | ..... | ..... |
| 1st preferred | ..... | ..... | ..... | ..... |
| 2nd preferred | ..... | ..... | ..... | ..... |
| Chandler Motors | 94 | 79 | ..... | ..... |
| Enger Motor Car Co. | 8 | 73⁄8 | ..... | ..... |
| 1909 | 1906 | |||
| High | Low | High | Low | |
| Studebaker | ..... | ..... | ..... | ..... |
| Preferred | ..... | ..... | ..... | ..... |
| U. S. Motors Co. | ..... | ..... | ..... | ..... |
| Preferred | ..... | ..... | ..... | ..... |
| Willys-Overland Co. | ..... | ..... | ..... | ..... |
| Preferred | ..... | ..... | ..... | ..... |
| Goodrich, B. F. Co. | ..... | ..... | ..... | ..... |
| Preferred | ..... | ..... | ..... | ..... |
| General Motors Co. | 1621⁄4 | 155 | ..... | ..... |
| Rubber Tire Co. | 41⁄2 | 3 | 55⁄8 | 21⁄8 |
| Preferred | 23 | 18 | 16 | 12 |
| Ajax Rubber Tire Co. | ..... | ..... | ..... | ..... |
| Alliance Rubber Tire Co. | ..... | ..... | ..... | ..... |
| Preferred | ..... | ..... | ..... | ..... |
| Electric Vehicle Co. | ..... | 18 | 13 | ..... |
| Preferred | ..... | 23 | 15 | ..... |
| American Motor Co. | ..... | ..... | ..... | ..... |
| Pope Mfg. Co. | ..... | 6 | 4 | ..... |
| 1st preferred | ..... | 74 | 69 | ..... |
| 2nd preferred | ..... | 21 | 143⁄4 | ..... |
| Chandler Motors | ..... | ..... | ..... | ..... |
| Enger Motor Car Co. | ..... | ..... | ..... | ..... |
| 1916 | 1912 | |||
| High | Low | High | Low | |
| Essex Motor Co. | 51⁄8 | 37⁄8 | ..... | ..... |
| Fisk Tire Co. | 168 | 115 | ..... | ..... |
| Fisher Body Corporation | 421⁄2 | 35 | ..... | ..... |
| Preferred | 951⁄2 | 93 | ..... | ..... |
| General Motors Co. | 175 | 117 | ..... | ..... |
| Preferred | 100 | 88 | ..... | ..... |
| Intereon Rubber Co. | 19 | 10 | ..... | ..... |
| Inter. Motors Co. | 25 | 3 | ..... | ..... |
| Preferred | 45 | 17 | ..... | ..... |
| Kelly-Springfield | 299 | 280 | ..... | ..... |
| Kelsey Wheel | 61 | 53 | ..... | ..... |
| Lee Tire | 66 | 44 | ..... | ..... |
| Met. Motors | 33⁄4 | 23⁄4 | ..... | ..... |
| Motor Products | 87 | 56 | ..... | ..... |
| Perlman Rim | 1621⁄2 | 111 | ..... | ..... |
| Princess Motor Co. | 11⁄8 | 1 | ..... | ..... |
| Republic Motor Truck Co. pfd. | 98 | 98 | ..... | ..... |
| Saxon Motor Oar Co. | 87 | 60 | ..... | ..... |
| Stutz Motor Co. | 78 | 533⁄8 | ..... | ..... |
| Times Sq. Auto Sup. | 41 | 281⁄2 | ..... | ..... |
| Universal Motor | 91⁄8 | 4 | ..... | ..... |
| White Motor Co. | 60 | 46 | ..... | ..... |
| 1909 | 1906 | |||
| High | Low | High | Low | |
| Essex Motor Co. | ..... | ..... | ..... | ..... |
| Fisk Tire Co. | ..... | ..... | ..... | ..... |
| Fisher Body Corporation | ..... | ..... | ..... | ..... |
| Preferred | ..... | ..... | ..... | ..... |
| General Motors Co. | ..... | ..... | ..... | ..... |
| Preferred | ..... | ..... | ..... | ..... |
| Intereon Rubber Co. | ..... | ..... | ..... | ..... |
| Inter. Motors Co. | ..... | ..... | ..... | ..... |
| Preferred | ..... | ..... | ..... | ..... |
| Kelly-Springfield | ..... | ..... | ..... | ..... |
| Kelsey Wheel | ..... | ..... | ..... | ..... |
| Lee Tire | ..... | ..... | ..... | ..... |
| Met. Motors | ..... | ..... | ..... | ..... |
| Motor Products | ..... | ..... | ..... | ..... |
| Perlman Rim | ..... | ..... | ..... | ..... |
| Princess Motor Co. | ..... | ..... | ..... | ..... |
| Republic Motor Truck Co. pfd. | ..... | ..... | ..... | ..... |
| Saxon Motor Oar Co. | ..... | ..... | ..... | ..... |
| Stutz Motor Co. | ..... | ..... | ..... | ..... |
| Times Sq. Auto Sup. | ..... | ..... | ..... | ..... |
| Universal Motor | ..... | ..... | ..... | ..... |
| White Motor Co. | ..... | ..... | ..... | ..... |
| Name | Par Value | Stock Outstanding | —Number of Shares Traded in— | ||||
|---|---|---|---|---|---|---|---|
| 1916 | 1912 | 1909 | 1906 | ||||
Ajax Rubber Co. | $ 50 | $10,000,000 | 107,950 | ....... | ....... | ....... | |
Chandler Motor Co. | 100 | 7,000,000 | 291,640 | ....... | ....... | ....... | |
General Motors Co. | 100 | (C) | 14,985,200 | 43,215 | 55,436 | ....... | ....... |
| (P) | 16,506,783 | 129,933 | 48,869 | ....... | ....... | ||
B. F. Goodrich Co. | 100 | (C) | 60,000,000 | 604,055 | 65,169 | ....... | ....... |
| (P) | 27,300,000 | 25,444 | 15,525 | ....... | ....... | ||
Kelly-Springfield Tire Co. | 25 | (C) | 4,360,100 | 524,329 | ....... | ....... | ....... |
| (P) | 3,593,000 | 5,335 | ....... | ....... | ....... | ||
| 100 | (2-P) | 547,100 | ....... | ....... | ....... | ....... | |
| (shares) | |||||||
Lee Tire & Rubber Co. | ... | 100,000 | 477,025 | ||||
Maxwell Motors | 100 | (C) | 12,778,058 | 2,009,100 | |||
| 100 | (P) | 13,764,121 | 20,585 | ||||
| 100 | (2-P) | 10,127,468 | 300,935 | ||||
Saxon Motors Co. | 100 | 6,000,000 | 17,920 | ||||
| (shares) | |||||||
Stutz Motor Co. | ... | 73,301 | 116,900 | ....... | ....... | ....... | |
Studebaker Motor Co. | 100 | (C) | 30,000,000 | 3,045,440 | 50,652 | ....... | ....... |
| (P) | 10,965,000 | 11,411 | 109,020 | ....... | ....... | ||
U. S. Rubber Co. | 100 | (C) | 36,000,000 | 1,165,881 | 661,765 | 517,411 | 598,628 |
| 100 | (P) | 59,692,100 | 69,147 | 78,734 | 199,512 | 123,611 | |
| 100 | (2-P) | 458,400 | ....... | 35,695 | 61,790 | 59,875 | |
White Motor Co. | 50 | 16,000,000 | 89,300 | ....... | ....... | ....... | |
Willys-Overland Co. | 25 | (C) | 38,655,710 | 1,852,745 | ....... | ....... | ....... |
| (P) | 15,000,000 | 9,530 | ....... | ....... | ....... | ||
Rubber Goods Mfg. Co. | 100 | .......... | (C) | 253 | 150 | 500 | |
| 100 | .......... | (P) | ....... | ....... | 625 | ||
Curb Market.
Some of the big fluctuations shown in the charts are accounted for by the abnormal irregularities of one or two giants of the industry, whose volume of trading produced a marked effect upon the totals traded in, and their average prices. Instances like United States Motors Company and B. F. Goodrich Company may be cited as examples. The accessory shares have seen a general rise since first traded in, in 1912.