Mr. Ford

Henry Ford will make his own tires; Henry Ford will make his own steel; Henry Ford is erecting the largest radio broadcasting station in the world; Henry Ford's railroad is making money; all this was " announced " within the week.

Concerning the world's greatest broadcasting station, there are no details. It is simply being built out Dearborn way.

Steel? Engineers of the General Electric Company are designing the largest alternating current motor for steel mill use ever made in the U. S. A. Erected at the River Rouge plant of the Ford company, it will develop 8,000 horsepower with a speed of 240 revolutions per minute. It will drive a "blooming" mill, where installations are now being made for the manufacture of steel. Ultimately, they say, the plant will manufacture all the steel Ford can use.

Tires? The five-year rumor that Mr. Ford would enter the tire business was revitalized by Wall Street suggestions that he was in the market for cotton mills which could be used to make tires. An offer was made for the Langley Cotton Mill at Langley, S. C., but Mr. Langley said that " so far as he knew," Mr. Ford was not in that picture.

Railroads? In 1920 Mr. Ford paid $385,000 for the control of the Detroit, Toledo and Ironton Railroad, and financiers said he was paying just exactly that sum for "worthless paper." The gross income for the first five months of 1923 is stated as being $4,156,877, which is more than the D. T. & I. took in during any of the full years 1916 to 1919. And the annual earnings for the road this year are figured at $1,530,000, which, allowing for all taxes, should give a net income of over $500,000.