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[[upside down newspaper clipping]] READ TIMES CLASSIFIED AUTOMOBILE ADS..They're censored! [[image of ribbon]]LICENSEND BONDED USED CAR DEALER[[/image of ribbon]] Auto Observer TELLS THE PUBLIC THE FACTS ABOUT LOS ANGELES' GREAT USED CAR INDUSTRY [[image of ribbon]]LICENSEND BONDED USED CAR DEALER[[/image of ribbon]] VOL. 11. FEBRUARY 23, 1935 NO. OBSERVATIONS OF THE WEEK By THE EDITOR USED-CAR CODE With the approval of 30,000 automobile dealers throughout the nation, F. W. A. Vesper, president of the National Automobile Dealers' Association, last week announced that an effort would be made to increase the dealers' code handling and re-sale allowance on used cars. Under the existing regulations of the N.R.A., the handling and selling discount allowed to dealers on used cars runs from five to fifteen per cent per car during the first three years of its age. Vesper pointed out, in a report submitted to the recent N.A.D.A. convention held in Detroit, that the average handling and selling cost actually amounts to a consistent 15 per cent for dealers regardless of the automobile's age. The report, which covered all corners of the [[cut off]] PELTON SELLS 436 USED CARDS An increase of 70 per cent in used car sales for January, 1935, as compared with the same month during the previous year, was today reported by Carl B. Wolff, used-car sales manager of the Pelton Motor Company, Dodge distributors located at 1345 South Figueroa. The increase encompasses the sale of 196 automobiles in the one month with most of the cars being late models, Wolff further stated. "Without a doubt the sales record for January, and the results for the first two weeks of the present month indicate that we will shortly hang up a new 'high' in used [[cut off]] [[photo - CARL B. WOLFF]] POSSIBLE CAR SHORTAGE SEEN That Los Angeles may face a shortage of late-model used cars was today voiced by H. G. Lawrence, vice-president of the Fahy-Lawrence Company, Ford dealer, located at 827 South Figueroa. [[photo - H. G. LAWRENCE]] Lawrence based his conclusions upon the fact that many prospective purchasers of 1935 model motor cars were holding back for a short period until new car deliveries could [[cut off]] "This," declared Lawrence [[cut off]] a temporary curtail [[cut off]] ply of good used [[cut off]] in great [[cut off]] BOATS AND BUILDERS By THE LOOKOUT NEWPORT BAY According to the Walton Hubbard, Jr., Company, yahtsman of Southern California are enthusiastic [[cut off]] deedging operations in [[cut off]] Bay. This is the start [[cut off]] improvements [[/upside down newspaper clipping]] POST DISCOUNTS REPORT OF HOP WITHIN WEEK "Over-optimistic" is the way Wiley Post, famed 'round-the-world flyer, discounted reports last night that he will hop off within a week in his Lockheed Vega, Winnie Mae, to shatter the Los Angeles-New York flight record. At least ten days, and possibly two weeks, must elapse before the airplane can be reassembled at the Burbank aircraft factory where special stratosphere radio equipment and motor superchargers are being installed, Post declared. Flying through the rarified upper atmosphere at an altitude of from 30,000 to 40,000 feet, Post hopes to break the West-East record of 10h. 2m., set by Col. Roscoe Turner last year. POST ADJUSTING SHIP EQUIPMENT FOR HIGH FLIGHT Minor adjustments including synchronization of the three compasses aboard Wiley Post's plane, in which he is scheduled to fly through the rarified-air stratas to New York—possibly late today or early tomorrow—occupied the flyer's time yesterday. Heaters were being installed in the Lockheed plane engine's carbureters to assure fuel vaporization at high altitudes. An altitude test will be made over Union Air Terminal prior to his take-off for New York. Successful completion of the test, together with favorable weather reports for a landing in New York, will determine the start of the flight. ROGERS MAKES FLYING TRIP EAST "Will return Wednesday, I hope." Studio officials were wondering last night just what manner of drollery Will Rogers could have been up to when he sent them that wire yesterday from Chicago. With a two-day vacation on his hands, the irrepressible Will took flight Sunday for the East to meet his wife and his daughter Mary, who has just concluded an engagement on the New York stage. He is due to report again for work at Fox studio tomorrow morning in "Doubting Thomas." POST IN HIGH TEST FLIGHT GOES 295 MILES AN HOUR Over the air lanes at an altitude of 28,000 feet, Wiley Post shot his Winnie Mae to Needles and back at an estimated speed of 295 miles an hour yesterday in another test flight preparatory to taking off this week on his high altitude dash across the country. Post took his Lockheed monoplane up from the Union Air Terminal, Burbank, in midafternoon and was gone about two and a half hours. COMPASSES UNSATISFACTORY On his return he reported that his compasses had not given the satisfactory service and his radio had not measured up to the standard he had hoped for. Mechanics went to work at once to readjust the devices On the whole, however, the flyer said, performance of plane and motor had justified his prediction that he will fly to New York at 35,000 feet in eight or nine hours. FROST ON COWLING All the way on yesterday's flight, Post encountered strong winds. The temperature at the higher levels was so low as to cover his plane cowling with a coating of frost. Post said he has not set a date for the take-off to New York, adding that even after the equipment adjustments have been made, it will have to await favorable wealth conditions. [[newspaper clipping in upper right corner]] [[?]] Stratosphere Flight, Escapes Unhurt [[image of plane]] LINE FORCED SHIP DOWN of 30,000 feet and hoped to reach Long Island in seven hours. This exclusive photograph was taken by Bill Snyder, "Times" Staff Photographer, and rushed to Los Angeles by airplane. [[image of astronaut]] "MAN FROM MARS" Wiley Post in his high-altitude suit looked like "man from Mars" to prospector who first found him following his landing [Wide World photo.]