The anticipations for this year's National Automobile Show (in Manhattan) were, a week or so ago, for a very usual exhibit. Barring minor gossip concerning changes in models and the likelihood of future prices, there was no news. Then suddenly a leading make of quality cars announced price reductions on closed cars ranging from $640 to $840 which would bring the prices of these models down to a level with those for open vehicles. Another make of quality cars adopted a similar policy.
The result has been to put car exhibitors in an unhappy frame of mind. They have for years had...