120 years ago today (Nov 6, 1905), the end of the beginning.
Posted: Thu Nov 06, 2025 10:28 am
There are no historical references to this day in Ford history, but on this day 120 years ago, the future of Ford Motor Co. was about to change forever. And Henry Ford, CFO James Cousins, C. H. Wills nor any other Ford Motor Company figures were involved.
Ford Motor Co. had just finished an incredibly successful fiscal year (Oct 1, 1904-Sep 30, 1905). Three new models, C, B and F sales were hugely profitable, and two 100% of capitalization dividends had been paid to investors. FMC’s two largest shareholders, VP Henry Ford and Treasurer A. Y. Malcomson each received almost 2 million dollars (today’s value) in dividends . Both also received another $31,000 (today’s value) from the new Ford-Canada enterprise.
The company was tooling up for the introduction of two revolutionary new models, the six cylinder K, one of this country’s first six cylinder production autos, and the four cylinder Model N, to be offered at the unheard of retail price of $500.
It’s not surprising this story in an Indiana newspaper probably went unnoticed:
Turns out Reeves Pulley Co. of Columbus Indiana inked a contract with an unknown automaker, selling their entire expected production of air cooled 20 hp motors for 1906.
Reeves had just entered the engine making business, although they were already a well established pulley and gear maker with national and international customers. Below is an ad the company placed in the September 1, 1905 “Cycle and Automobile” magazine for their 12 and 20 hp motors:
Ford Motor Co. had just finished an incredibly successful fiscal year (Oct 1, 1904-Sep 30, 1905). Three new models, C, B and F sales were hugely profitable, and two 100% of capitalization dividends had been paid to investors. FMC’s two largest shareholders, VP Henry Ford and Treasurer A. Y. Malcomson each received almost 2 million dollars (today’s value) in dividends . Both also received another $31,000 (today’s value) from the new Ford-Canada enterprise.
The company was tooling up for the introduction of two revolutionary new models, the six cylinder K, one of this country’s first six cylinder production autos, and the four cylinder Model N, to be offered at the unheard of retail price of $500.
It’s not surprising this story in an Indiana newspaper probably went unnoticed:
Turns out Reeves Pulley Co. of Columbus Indiana inked a contract with an unknown automaker, selling their entire expected production of air cooled 20 hp motors for 1906.
Reeves had just entered the engine making business, although they were already a well established pulley and gear maker with national and international customers. Below is an ad the company placed in the September 1, 1905 “Cycle and Automobile” magazine for their 12 and 20 hp motors: