The Oregon statesman. (Salem, Or.) 1916-1980, April 11, 1926, Page 17, Image 17

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    SUNDAY HORNING, APRIL.
r erw m. - -t- . . . . : - i t a tt aire n.i a o a m wa .rv i v - n a. i .imvi. ijiwiatijii - -.-
i : . - 1
3 - - m
WESTERN OILS ARE :
SIEWLOFM
Local Man Declares Lubri
cating Qualities Are Un
excelled by the Best
Western motor oils are gaining
in popular favor eyery day, says
A.fcfa.' QH. local sales manager
of the Union Oil Company of Cali
fornia. The Wind faith of the
inUttiB-,.accepUng eastern oils
as standard" of quality has been
b&ly shaken ; .following enlight
enment on the relative merits of
eastern and western oils. The
western oils not only meet erry
lubricating rqulretnent but in
many respects have qualities su
perior tg: the; eastern brand.
!Vith the. taaglc power which
th word "Pennsylvania" once
held over the uninformed motor
lsf, on the wane, a favorite argu
ment now auvancea oy cnampions
oL eastern oils is that these stand
to drain the erankcase e?ery 500
miles if a western oil be used as'
against 750 miles with an eastern
oit,;
. Unofrtunately , it is absolutely
impossible to compare two oils in
service as the conditions nnder
which they operate cannot be dup
licated. Nevertheless, testa have
demonstrated conclusively that
the comparative consumption of
eastern and western oils gives no
advantage to the eastern product
in this respect.
"'" Many motorists, too, suffer
from the price complex. He point-
I0ICES
m ran
Offers Two-Door Brougham
on 1 15-Inch Wheel Base
Chassis; Same Motor '
two-door brougham on a
special Paige chassis, midway in
size and price between the New-
ed out that because eastern oils Da Jewett and the recently In
troduced new line of Paiges, is
sell at a higher price the buyer
was inclined to. regard that fact
as an Indication of quality, and
the 'service to be obtained from
it. The valuation, however, he
said was false, for western oils of
a quality equal to the best east
ern sells at a lower price because
there is eliminated te transpor
tation cost.
The' points of distinction be
tween good lubricating-oils are
fine ones and necessarily reflect
methods of refining. The Arlsto
oil -manufactured and refined by
the Union. Oil company has met
a most receptive market. Its sale,
he said, has increased enormous-
u Abetter. - The advice is frequent
ly' offered that it will be necessary ly during the fcast few years.
.... , CTo.
SSebetrling Tires
"wiU'affordou more pleasure and less trouble
They are made by mechanics who understand perfectly
every requirement of a tire, and nothing but the best ma
terials and the most 'skillful worttnansnJp enter the con
struction. ,1
Let os prove It by Bhowlng you how near perfection
these tires are. They will save yon money in the end, be
cause they .last longest. ,
Guaranteed Vulcanizing and Retreading. ,
Call on us when you have tire trouble ;
ZOSEL'STIRE SHOP
WALTER- H. ZOSELProprietor"- 1 ;
198 South Commercial
Telephone 471
announced today by the makers of
these' two popular cars, the Paige
Detroit Motor Car company, rep
resented, here by' Che- Trumm Mo
tor company. -
The new Paige is of, 115-inch
wheel base, ten inches shorter
than the standard Paige line. Its
price is 200 less than the Paige
sedan and $200. more than the
Jewett de luxe sedan.
The special Paige chassis fol
lows the practice of the 125-inch
Synopsis of the Annual Ptstrinent of tke
AMERICAN CENTRAL, LIFE
INSURANCE COMPANY
of Indiaoapoli. in the Stat of Iadiana.
on tha thirty-first day of December 1125,1
made to tha l murine a cogMMtaioner ol
tha 6 tat a of Orepoa, pursaaat to law:
Canttal
Anount o f capital atoek
paid ap .... 137.000.00
In coma
Total premium income for
the year .... - S 3.070,029.77
Interest, dividends and
renta received during the
year TS0.89a.S0
Income from other aoureea
received dariof the year 218.770.61
Total income S 4,019,605 88
Disbursements
Paid for lorsi, endow-
' raents. annuities and sur
render Talu $ 1 476,495.26
DiTidends pai't to policy-
- 'bolder during the year . 4,016.47
Diridends paid on capital
. stock during- the year . 10,960.00
Commissions' and aalnriea
- paid dnring tha year 881,529 47
Taxes, licenses and fees
paid daring the year 87,836.01
Amount of a!l other ex
penditures 519,979 13
model throughout, the differences
bains In aize. only, vThe . engine,
clutch, -and transmission, however,
are the same as those used In the
large Paige.
v Paige hydraulic four-wheel
brakes, are standard equipments
The brougham Is typically Paige
in appearance. The radiator and
nickel-plated shell are the same
as in the large car, giving the hood
the same striking lines that have
long distinguished Paige. A black
belt moulding dividee the two
tone finish in polished lacquer
Arizona gray above and Pueblo
gray below.
The body is roomy. Beating five
without crowding. The doors are
36 lnehes wide, giving easy access
without disturbing front-seat pav
sengers.
The equipment includes rebound
snubbers In front, automatic; wind
shield cleaner, mirror, stop light
and dome light, On the Instru
ment board are an engine-heat
indicator and a gasoline gauge.
The various dials are 'grouped in
an oval panel, with Indirect light
ing. The windows have rotary lifts,
and the doors are fitted with re
mote control, handles, within easy
reach of seated passengers.
A coincidental lock is used, con
trolling both ignition and steer
ing. When the igniton is switch
ed off, the. steering wheel locks
automatically.
The tires are 31 by 54 non
skid balloon cords, mounted on
artillery type wood wheels. The
brake drums on all four wheels
are 12 Inches in diameter. Springs
are 36 Inches front, 54 Inches
rear.
The Paige engine is 3 by 6
inches, developing 72 horsepower,
Its lubrication is by pressure feed
to all bearings, including the wrist
pins. It has an automatically ad
justed front end silent driving
chain, and Is equipped with ther
mostatic control of the cooling
system, and an air-cleaner.
MOTOS
I0CII
1ES
Total Production for all Man
ufacturers Ouring March
Is 447,185
S 2,980,816.34
Tptai expenditures ...
Assets
Value of real estate owned
market ralue) . S
Value of stocks and bonds
owned (market or amor-
- tixed Talue) -
Loans on mortgage nd
collateral, etc.
Premium notes and policy
loana - 2.269.026.64
Cash in bnks and on hand 2i4,840.52
Net uncollected and 'de
ferred premiums 890,921-29
Interest and renta- due and
accrued 257,748.72
Other aaaeta (net) , 35,142.02
727,997.52
1.008.264.66
7.780,830.76
The speed of your car dependr
on whether you are bragging to
a friend or explaining to a judge
Total admitted asets . .12,544,483.09
Inabilities
Net reserves' :..:...'. i$11.660,837.7
Grots claims for. losses un
paid. a, 113.784.87
All other liabilities.,... 941 047.46
Synopsis of the Annual Statement of the
BANKERS LIFE COMPAN Y
of Det Moines, in the State of Iowa, on
the thirty-first day of December. 1925,
made to the Insurance Co OKU is si oner of
the State of Oregon, pursuant to law:
Capital
Amount of capital stock
paid op None
Income -
Total premium income for
for the year S23.S5O.093.50
interest. diTiflenae and
rents receiTed during the
year , 3.884.711.26
Income from other sources
received during the year 749.322.96
Total liabilities, etclnsWa
of capital stock of $137,-
300.00 ;. $12,0'5.670.12
Business In Oregon for the Tear
Gross premiums' receiTed
- - eVoring the. year S 88,635.17
Premiums and 'dividends
retnrned -during the year 89.7S
Total income 928.184,127.78
Dlsbursementa
Paid for losses, endow
ments, annuities and sur
render values $10,256,446.40
UtTklenda paid to poiiey-
noldera dnrinr tna- year.. Z.550.Q95.32
Dividends paid on . capital
sloes: during tne.year.
New March records in sales and
output were reported to the di
rectors'' meeting of the National
Automobile chamber of commerce
held in New York, todsy. The
production total based on Individ
ual factory shipping statements
la estimated at 447,185.
While the figure reaches a new
high. It Is not out of line with the
trend of growth, being close to the
normal line. March is always one
of the high production months
This year it is 19 per cent ahead
of the aversge for March in the
past three years, but this is noi
taken by the industry to indicate
that 1926 will go very far ahead o
1925. It is felt that last year
and that a normal increase will be
as much as can be expected. Sev
eral companies reported In vari
ous sections that sales had broken
all records during the past few
weeks. February was virtually a
elosed month for the northern belt
of the country due to the bacl
weather, with the result that
stocks increased during this period
ind orders were delayed until
March.
The government tax reductior
on automobiles which has been
credited to the, consumer by thej nickel add
manufacturers la; bow in enact ueeineaa.
and Is expected to hare a healthy
Influences on sales. ' j
While March -was a new high
for the third month, it was the
second high for all time as Octo
ber., 1 9 25, ' registered an output
Of 4 5 2,4 8 C.
Figures for this year are: Jan
uary, 3 1 5.89 Zr February. 375.-
332; March. 447.185. March last
year was 377.252. The three-year
average for March. 1923. 1924,
'3925, was. 378.166.
to it suggestion of
REAUTIFUL COLORS
SEEN IN MODELS
(Continled from page 1)
bogany top bows and all metal in
To Hollvwood to two CIUD
roadsters. One withj eoromandel
maroon body trimmed in granada
maroon and! Jet with! a fine maize
stripe and. he othef a combina
tion of cream, black and orange
chrome. . Behind them follow a
fully collapsible cabriolet In cotln
ga blue fori Vermont and a Vic
toria coupe in the light brown and
red of the red chatterer on its
way to the nation's 'capital.
Day after day the 'kaleidoscopic
procession moves down the leading
dock, through the 1)T7 minute fi
nal Inspection and Into wash and
weatherproof ed freight cars. Fl
nally, each Lincoln Is encased In
a heavy paper bag jto protect it
against dust, the compartment Is
sealed and the cars ar on, their .
way to -the fashion eehten f the
. : :
world. ' '
Find Italians Read Less
; , Than Any Other Nation
. ROME. Italians. read less than
the citizens of the other great
nations of the world, it has been
found by a committee of distin
guished scholars, attempting 4
create-Interest in the - sorkof
young Italian authors. . : J
Rome, with a popularpn of
nearly 900.000 haa hardlyyOen
important bookshops and ' these
are largely devoted to the classics,
technical and political books. ;
Hood Rtver-Mount Hood hotel
to be enlarged, and hare new elec
tric elevatorv f l . .- M ' ; i
Synopsis of tha Annual Statement of the
CANADA L.1FK ASSUKANCK W
of Toronto. Ontario, in the Dominion o
Canada, on the thirty-first day of Decern
ber. 1925, made to the Insurance Com
missioner of the State of Oregon, purau
ant to taw:
Capital
Amount of capital stock
paid up 9 1.000,000.00
Income
Total preminm income for
the year 22,968,803.31
Interest, dividends and
rents received during
the year 6,363,840.55
Income from other sourc
es received during the
year 1,174.311.06
Total income $ 80,506.954.92
Disbursements
Paid for losses, endow
ments, annuities and
surrender valuea S 8,383,116.95
Dividends paid to policy
holders during tha year 4.585,286.12
Dividends paid on capital
stock during the year.. SOO.OOO.OO
Commissions and salaries
paid daring the year. ..
Taxes, licenses and feea
.V'll'iJSa., "i550 00 Commistion. And ssl.rie.
INSURANCE COMPANY
Herbert M. Woollen, President.
Edward A. Meyer. Secretary.
Startatory resident attorney for service:
Judd Liowrey, Portland.
f 7 " '' ' ' . . . 'J
Co)
paid daring the year..
Taxes, licenses and foes
paid dnring the year.
Amount of afl other expen
ditures
NoM
8,807.666.79
86.880.87
2.180.016.20
ToUl expenditures f 19.331.108.37
Aaaeta
Talue of real estate owned
(market value) S '802.646.84
Yalno of stock and bonds
owned (market or amor'1
Used value) 7.419.975.59
aa on mortgagea and
eollateial. etc. S8.899.3S8.0S
Policj loans 7.766.852.23
Cash in banka and on hand 1,011,808.15
net . uncollected and de
ferred nrerainms 3.299.204.44
Interest, and rents duo and
accrued . 1.741.248.92
Other Assets (net), pre
mium notes 78,257.20
paid during the year..
Amount of ail other expenditures
Total expenditures $
Assets
Value of real estate
owned (market value) . 9
Value of stocks and
bonds owned (market
or amortised value)...
Loans on mortgagea and
collateral, etc
Premium notes and pol
icy loana
Cash is banks and on
hand'
Net uncollected and ' de
ferred premiums
Interest and rents due
and accrued
Other asseta (net) ..
8,886.707.93
464,502.71
1.674.747.51
ToUl admitted as&eta....881.0l3,10.92
Net reserves 966,180.820.00
Gross elaima for losses un
paid 813.001.00
A01 other liabilities , 11.129.022.01
Oontingeney reaerve i,B70,lT.91
Total liabilities 981.013,910.92
Business in Oreron for tha Year
Orosa premiums and assess
ments, received during the
year i S317.81S.Q0
Premiums and dividends re
turned during tha year 26.S27.0S
Losses paid during the year.. 114,751.00
BANKERS LIFE COMPANY '
Geo: Kuhna, President.
. W. Fowler. Secretary.
Statutory resident attorney for service:
r. L. Kmery, uasco xtldg Portland.
p
t : ' -
f
1
It is a simple matter to beat a record that represents
no achievement of particular importance.
But : When you attain; Wojrtd Leadership and still
- continue to shatter all existing rriarks then indeed
' it is 'Progress! j,
.' -. ;
praham Brothers became the wprlds largest exclu
sive truck manufacturers early in1925. Their growth
since then has been even more remarkable than it
was before.
Recognition of the exceptional quality of Graham
Brothers Trucks and appreciation of the remark
ably low prices are proving to be an irresistible
stimulus to sales.
Synopis of the Annual Statement of the
FARMKRS' MUTUAL FIRE
INSURANCE ASSOCIATION
i of Washington County, in the State of
Oregon, on the thirty-first day of Decem
ber, 1925, made to the Insurance CouJ
missioner of the dtato f Oregon p Ot
itis nt uv : ; . i1- . . ,
Amount of ranttal stock nald.
TP ...:--..-..-r-.i-':'Si
income . . c-
Jlet premiums received dnrtng - i tt.
the year t S-S.SSTOS
interest, oi.vtaens and. rents " - -. i
received d urmc the rear ... 403 20
Income from otaer- source
received during the year.... 21.50
Total income . 10,011.76
Disbursements
Net losses paid during the
year including adjustment
expensed S
Dividends paid on capital
stock .during the year.-
Commissions and salaries paid
during the year
Taxes, licenses and feea paid
during the year
Amount of alt other expendi
tures
3,729.50
None
1,752.21
14.17
418.64
Lt.
( e"-
XT ' '
- 4
'
New Prices
1 Ton Chassis -
V2 Ton Chassis
TIBM Low Chassis
.
Delivered '
$1160
$1500
$1480
Total expenditures 9 5,914.52
Assets
Value of real eatste owned
(market value) ' None
Value of stocks and bond
owned (market value) 8.317.85
Loans on mortgages and col
lateral, etc. 1 000.00
Cash in baak and on hand ... 11,672.66
Preo-.iumj rn course of -collec
tion written since Septem
ber 30. 1925 None
Interest and rents doe and
accrued 40.63
...
Bonesteele Motor Co.
474 S. Commercial, Telephone .423
f
Total admitted assets 9 16,031.14
Unaumea
Orosa claims for loaaea un
paid : ..v 9 1.260.00
Amount of unearned premiums
on all outstanding ruka None
Pnev for commission and
' hrokersci" 1.. None
All other liabilities, reserve
liability .-. 5.971.84
Total liabilities . 9 7.231.84
Business ta Orearea for tha Tanr
Set premiums received dnring
the year ; . ; S 9.527.08
I Losses paid dnring, that year. 8,704.00
lis, ineurrew-'-durine fe.'. :S :
FAsUI rTKlf M CTUJM? Tl KB INSURANCES
t ASSqCTATiaN.OF "WASHINOTOlf
"WnC. Haase.Hilisboroeiosw
' .." " -' -Preside.
VTjCrwlnj .TtttUF. Hinbro. i Oreitoo, i
- t - Beeretarv.
t SeatnMr jreuaetii attorney xor service
19.294.361.22
4.832.428.61
48.871.787.65
88,887.746.19
15.528.975.70
1.117.599.85
2,541.486.70
2,884.273.26
86,250.00
ToUl admitted assets..9 114.150.546.9tt
Uablliaes
Net reserves 9 99.415.924.00
Qross claims for losses
unpaid - 706.785.85
AU other liabilities. 11.831 095.O9
Total liabilities- exclu
sive of capital stock
of 81.000,000.00 9 111,458.804.94
Buainess is Oregon for tue Tear
Orosa premiums received dur
ing the year .. 77.aois.os
Premiums and dividends re
turned durinv the year S 400.29
Losses paid during the year ... 2,078.10
CAreADA L.Ir K A8SUKAMUK CO.
H. C. Cox. President.
C. K. Acres, Secretary.
Statutory resident attorney for service
.Insurance Commissioner.
! i ' '-' - '-
Let Our DivideBHs1
1 1
Pay Your Electric Bills
!
Frankly, we are anxious to have more of our customers ;
financially interested in! our Company.
Such an arrangement can be so easily made that we feel
sure you will become one of o.Ur profit-sharing partners
when you understand. how simple it is.
If you are a customer of ours ! that b, if you get your
electric service from us you now have the opportunity
of receiving dividends from this Company sufficient to
pay the monthly cost of your electric service. . .
By investing in a few shares of our j
7-2 First Preferred Stock
either for cash or by small monthly deposits, every
customer large or small can take advantage of this
plan. j
Let us explain this plan to you
It involves no obligation on you
$10.00 down
and
$10.00
monthly
per share.
Estimate the annual cost of your
electricity and then take out suffi
cient shares at $100 each so that the
12. dividends will offset your bills.
You can start buying these shares at
once for only $10.00 down. .
Hi
Investment Department
237 N. Liberty St., Salem
Portland Electric Power Co.
Portland Salem Oregon City Vancouver. Wash.'
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Double the price of this brilliant Hupmobile,
Six -but you cannot buy faster accderation,
greater Smoothness or more dglrtful
handling-ease and certkinity "
of control v
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NEW SERIES HUPMOBILE EIGHT
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There ta not an eight power plant )n
existence' more soundly engineered; nora
performance program which can surpass it
KIRKWOOD
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3 1 1 : N. Commercial
1. V i .1. - 4.
MOTOR CO
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Telephone 31 1
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