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About The Eugene guard. (Eugene, Or.) 1924-1930 | View Entire Issue (Jan. 10, 1925)
Saturday Evening, January 10, 1925 THE EUGENE GUARD Page NIr rost-EIection Boom Carries Stock Prices To New High Levels kEW SOUK, Dee. 31. (W!) A .portions carriea nioc pnm 10 .;.h..t levels in learn in the Lint weeks of the year. liailroad shares were foremost in advance, many ot tnem loneniDK nrirea evsr recorded. Not .,. the early part of the present Miry, when narriman ana uoora isiie'd for the eontrol of the lead western transportation systems .i.. Minrrv. has Wall street wit- kod a railroad tnarket of such with and volume as tooa place in last two months of the year. Investment Demand a enormous investment demand, ,.ntlv nent-un for years through L of adverse legislation, broke li like a Iiooa in me lew weens miiig election, when it became . l.t tK an-mllorl rndical . lisd lost the balance of power congress, that the administration kod with favor upon railroad eon- lations, and tnat ine roaas nan , successful in increasing their earnings through a reduction In rating costs. Tangible evidence of .MiumMt fiirniRhpn1 hv the ---- kimption of dividends on stocks ome of the soutuwestern car stimulated the demand, which ,' from larce institutions and hithy individuals, as well as a ind of small investors. iflustrials shared in the advance, largest gains being recorded by aiirtripfi of those companies hse earnings gave definite indica hs of business improvement. , Professionals Surprised 'rofessional traders admittely . ..M.i,J Kv thn mnenitude of buying power, as indicated by the that stocas in wnicn, iney imu t up large paper profits in- the y fall were sold heavily in the few I following the election, on the v that thev could be repurchased r at lower levels. The advance, rever, once it got Btartea, wbb almost perpendicular one for it six weens. J.ne mu& wn n away from the professionals, were forced to bid for stocks ral points above what they sold ii for in order to participate in hie of the curious features of the il advance was the fact tnat it accompanied by a relatively it increase in brokers' loans, li was construed as an indication the stocks were being taken out the street" and put in strong !s. Wall street brokerage houses fminri themselves with more hiecs than they could convenient- indlc, despite an average Increase 1 per cent, in brokerage corn lions, which added milliohs of xs to their cofferB. Steel Reflects Business uctuations of the steel shares ;ted the course of business the utato nf onerntions reached in summer forcing the Bethlehem corporation to suspend its am i on its common stock. The .il Ktnfea steel cornorntion paid 'regular quarterly dividends of I per cent, and an additional ex it 1.9 f nut rter cent each auar- fine stock selling at the highest ainnn 11117. .at nt tba nil nllflrM Inst ItrOUnd. No the unsettled trade conditions 'd by the over-production or . The Pan-American Petroleum '.on,nnl4 mmTUIIIt. One Of tlie Est of the independents, cut its anon dividends in half, and scv- others were forced to omit their oicnts. bpper shares showed signs of ac y and strength as the year closed r a long period of relative de Ision, due to the innbility of the lucets to earn substantial profits luse of the low prices of the red 11, and the stiff competition af (ed by the African product. With tope again a largo potential buyer Jouper, the outlook for the indus- Is one of the Best in years. Motors Are Hit alight fnlllnir off in nroduction xales below the record-breaking of 1023 combined with mcrenn ompctition, naturally had an ad- (e effect on many motor shares, fcugll Jordan, Nash, the Maxwell f l'iercc-Arrow issues developed lidernblc strength in the last few One of the principal develop is in this group was the scaling of Hie number of shares of Jrnl Motors through the issuance I new common stock, which was finngenblo on the basis of one ie of new for four of the old. fcitile, chemical and packing rs suffered as a result of adverse $r developments, necessitating the Ision of the American Woolen fcion dividend and the institution teceivership proceedings against Virginia Carolina Chemical and Wilson packing companies, pmenta continued to benefit the large orders received from 'leading railroad systems. Public (ties developed exceptional ptrth in refleeiton of a progres I increase in earnings by most of I principal compnuies, and of loiniea effected through Bcveral ers. Sugars were depressed be je of the competition afforded by the European beet product, which was sold here at concessions below the prices quoted for tbe Cuban and domestic crops. Chain Btore and merchandising issues recorded sub stantial gains during the year, some I of the larger companies splitting yp i their stock in order to secure a bet ter market and witter distribution. Stock Dividends Scarcer Stock dividends were not as num erous as they were the year before, but the increasing agitation for the taxation of undistributed surplus led to a belief in some quarters that a number of the larger industrial com panies would make some special dis tribution to stockholders in the com ing year. An increasing disposition was shown during the year to resort to stock financing, particularly by the railroads, whose poor earnings of previous years bad mode such financ ing impossible. ' ' Among the active issues listed on the New York Stock Exchange, the widest fluctuation took place in Kasb Motors, which rallied from a low of 0 1-2 to close to 200, The narrow- j est fluctuation was in Alaska Gold; which sold between 10 and 25 cents a share. Total stock sales during the year approximated 270.000,000 shares as compared with 235.000,000 in 1923; 260,000,000 in 1922; 171,000,000 ia 3921, 223,000,000 in 1920 and 307, 800,000 in the record-breaking year of 1910 when the post-war inflation boom was at Its height Total sales in November exceeded 40,000,000 shares, making it the largest single month's business since April 1001 when sales ran above 42,000,000 shares in the wildly excited trading that preceded the Northern Pacific panic AUTOMOBILE RACE SEASON SUCCESS The feat of Bennett Hill, Harry Harts and four other drivers of breaking practically every world's record up to 2r0 miles at the new Culver City, California, board track in December, brought to a close what is generally agreed has been the greatest year automobile racing has ever known. New world's records were made and then broken five times during the year at the 230 mile Beverly Hills race February 24, the Indianapolis classic Memorial Day, the Italian Grand Trii, the Charlotte, N. C, 250-mile race, Oc tober 25, and at Culver City. Hill was compelled to average the unheard-of speed of 120.0 miles an hour to win this last race. The first six drivers over the finish line broke the world's 2fi0-mile record of 118.7 miles an hour, established in the lant preceding A. A. A. event at Char lotte only seven weeks before by Tommy Milton, which in turn had broken all records made earlier in the year. Trotzky And Wife Virtually Exiles no compression tavs exist; and feeta f sene will act inarfi ra&uily than &&a- Ime. American Automobile Ingest. iniuky, soiiti luniniisar lor war, and hit wire have arrived lit their new hum? ill Trans Caucasia, where a new Soviet Republic rapidly is giining strength, accordins to reports from Moscow. It ia rumored that Trotiky may become one of thi dominant farces directing: the new government. This exclusive photograph shows Trotsky and hli wife seated in; the tofcneau ot the automobile in which they arrived in Trans-Caucasia. i nouns SEEK IH FUTURE, m 1 llESTIGi CONCRETE BRICK BURIAL VAULTS DRAIN TILE Irrigation pipe sewer pipe f CULVERT PIPE I HOLLOW TILE BLOCKS I SEPTIC TANKS Eugene Concrete 1 Pipe Co. IB Blair. Phone 903 IICH ESTER S PILLS r, 11 1 All v 1 1 uaalll, JL Tk MWr. Bit fltM, V Stores Adopt New.. . Advertising Code NEW YORK, Jon. 10. Pl The board of directors of the National Dry Goods Association has adopted a code for the truth ful advertising of furniture, ac cording to' Lew Halm, managing director of the association. The code Is in accordance with the "Name the Woods" campaign, carried on bv the National Vigi lance Committee of the Associated t Advertising Clubs of the World,. Mr. Halm said. The same cone has been put in effect by the Furniture Manufacturers' Associa tion of Grand Rapids, Mich. Before determining its course, the board of directors of the Dry Ooods Association made a compre hensive study of conditions throughout the furniture advertis ing field to prove its practicability. The code consists of two rules which set forth that, in adver tising, furniture in which exposed surfaces are of, one wood shall be designated by the name of thatj wooo, ann wnere uie txpuswu out faces are of more than one wood, the principal wood used shall des ignate the furniture. WASHINGTON, .Tan. 10. C4 A belief that air transportation can be established under suitable conditions in the United States as an importnnt addition channel of commerce was expressed in a report to the war de partment by Lieutenant John P. Van Zandt of the army air service after a first-band investigation in Europe. In the course of his visit, which was undertaken in the interest of the American government. Lieutenant Van Zandt travelled more lhati 6,Khi miles by air over the European con tinent and gathered from many sources detailed information oa the subject of commercial aviation. Old World Active The report pictured the old world as criss-crossed with regularly estab lished routes, over which this year 50,000 passengers have been trans ported 4.800,000 miles on Journeys covering points from Finland to Af rica and from England to Bosphorus. Comparing conditions for commer cial aviation in Europe and the Unit ed States, Lieutenant Van 55andt pointed out that the nations across the Atlantic are faced with funda mental political difficulties in de veloping air lines. Commercial avia tion there nearly always involve flights over several . contries. The United States, on the other hand, is probably better suited politically to the establishment of self-supporting air lines than any other country in the world, by reason of its geograph ical extent, freedom from custom re strictions, common national interests, and homogeneous business methods. Safety Greater " Hecords of European commercial air services indicate, the report con tinued, that financial matter, mer chandise and freight of all kinds may often be transported by air with greater safety than by the usual channels of boat or rail. The insur ance rates, for, all risks including theft on articles such as dresBcs, furs, jewelry, fragile goods, light ma chinery, between London .and Paris or Amsterdam are several times less by air than by boat and raB, Much gold bar nnd silver are shipped across the English channel by air, one plane alone having carried 52,000,000 worth. In Europe; Lieutenant Van Zandt found that governments show great interest in commercial aeronautics and contribute liberally to its sup port. The British government has created an air monopoly and voted a subsidy of $5,000,OQO, covering oper ation for the next ten years. In Hol land an advance without interest amounting to $500,000 has been made, while France this year voted a subsidy of 41,422,000 francs for its commercial services. Support Ottered In addition, considerable indirect government support is offered to promote the growth of commercial I aeronautics by the establishment of I largo airports at which government! erected hangars and other faeilitiMi are rented to operating companies for nominal sums. The principal investors in national air lines in Germany, Holland, Eng land and France are the leading in dustrial, shipping and banking and forwarding organizations. These in terests are convinced, the American investigator was toid, that air trans portation is destined to fill an im portant role inS the economic life oi the continent. Indian Prince Has . Good Year On Turf UiUMIlC COLD EilE IS EASY JPAIilS, Jan. 3& OR The Age Khan, an Indian prince, with some 1 AW, 000 francs, heads the list ofj wisainff ownrrs for the season off fiat racing just ronclttdeil. the most I successful since the armistice. For the first time to the history of I French racing since I09 a Freueh jockey had the honor of leading the fiekl in the number of winning; mounts. Henri Hprnbtat, after a wckl and neck titirl with -Guy Garner of I Kentucky throughout the last twaf mouths of the season, finally pulled ; away from his American rival and finished with SO winners to Garner's . . The riralrj' between the English and American schools of training horses ended in favor of the former. The Asa Khan ia the bead of the Mohammedan Church in India and the spiritual chief of lM,0t)().0(H In dians, He never bets a cent on the chances of his horses and is satis fied $itU winning the stakes. The average electric engine starter ia not demgned to stand the stress of freeing an engine whirh Is lubri cated with heavy oil and stored in a cold garage doring the winter. Film of thin lubricants are eautty broken by two or three pulls of the starting handle but where a thick oil is used ten minutes winding may hnve little effect except to eshausl the owner. In such eases Utete is bo remedy ex cept inject ions of gasoline into the combustion chamber and deliberate acceptance of this fact will ave time, temper and tissue. Such injections can b based on two pohrieg. If the engine sparks at really low speeds gasoline injections may he used to procure an initial ex plosion, which will not, indeed, keep the engme rnnmng, but by a sudden jerk wilt snap ail the etmgmg oil films, ia such cases it is worth drill ing a tiny hole at the highest point of the induction pffe, as sear the cylinders as possible. . 1 bm bole is normally plumed, either by a stud or tap. Gasoline is liberally injected. aI the handle or starter is used to gain an explosion or two. After this explosion the engine may stop, but will be found comparatively free, and capable of being started by handle or electrre motor with tolerable ease. If the. engine gams an vory badly 'indeed, or does not spark at low speeds, the injection mttat be plan ned to disttve the oil films on the pistons. lu this case the removal of the spark pings is necessary where To Make Room For PIE A c?indy rr,f& J fc 7 ills r;;8,t MEW CHEVROLETS We must cut down our stock of used cars, a& we are going to sell thorn regardless of price. We nre offering at this time more transportation per dollar than you can get else where, regardless of where you go. . ' We hare at this time a car to please every one, at your own price. 1923 Buick 6, 4 passenger Coupe, A wonderful buy, 1923 Chevrolet Coupe, just as good as new, 1923 Chevrolet touring car, rebuilt. 1923 Ford Touring 1923 Ford Sedan and several, others in older models. Call and look them over. If yon want a good used car we have it. , B. F. GOODPASTURE Phone 1207 7th & Olive St. ONROEGMiAGE SERVICE OUR MOTTO PHONE 1806 I PEARL ST.1 Pi s C3 I Now Under I I Management I Tfftwaril A tit a fn 5 I WW Ui jk u Lis w ty m I D. M, Howard 1 A. E. Smith . A Seals Make Good As Life Savers HAMRDiG. an. 10. Gf The n!aimet! life svi?r at smninr r? aorts may be put out of busings by the teamed s-a Utu accordine to pre- dimns made by fapfam llaus Wms- tm. s local amowi t miner. Captain Winsttm eonlvwis ibal he hus ft seal which cauhl save h&U a. dozea tiersons m rough water while the ominnrr htmmn Jife saver wns wrestling with a ringle mlivWuL The S4'a liou trained to save Kvi'S has been taueht fa grab men br the back of the neck is the water nn nvtim with them to safety without lujurj? from bis jas. DODGE BBQTHEBS IMG COACH An MIrftetive iww eoafc baa beu atM'd to IfodK Irotbitft tuie of yass enprr cars ami is on tftftphty tttr the first time m the New 'ork antnmo bile shew. 'rbarart?rMtifali.r Pod; Bmth er," is the etwniawit mt fretaewtiy made b wvoiva viaiuium it. fnrefat rrgart! ftfr finality weJ? aw beatrfy in evhicnt m every detail kof I'oimtmrtwn mi sjwtttment. The grawf&l bu are ss-t off to ftdvuutup by tiio bteiitter fmtnh in Dmljca Hmtnera b)ue, with a bxi.r atri(e f cartouche yeHow, hroa!5 nd belt sire- black awl itm artillfrT wheeU ae Mue. iHwts and windosr ars xcpti&QaK tors affsrdias k cesr rwioa on stt aulea aad iwruiit ting ttntcrtKer to enter and trxrc tht emr with the greimt eajw. t& wiajdifytag tha ctasimc, The. cm is foefred by a high -grade lock tm iht right deer. Ths Iwtt front eeais ti& fvm$k (Mmg furib?r to tie eutivsaieoee ol uLH'uiiauts. The rear seat i sracttrfa mid comfortable, s$ftrd'mg nmpH rtmm for three srtwHs, The upbtdtvo i rfurk browu, attraelive a '.id s. cyKyut weariug qaatttes, uipswd wttb battrjffn tirca amJ i non-rrfmbe roof, snd built &n Ih&ist lirthem atamtow rtassis, tt tM road. OArVCE Vawtft Htl Saturday, Jas id twj; Saturday tutc Ererftn-dj veEeeme. jH S. B. FINNEGM Machine Blacksmithing Soil Trunk Tirea; Auto and Truek .Springs; Aulo Wheels nnd Ilimsf Oxycetylen Welding We carry carbide in enn; also blacksmith co, nnd oxygen in tanks. f SPECIFICATIONS The new Chevrolet is truly XEW in every sense of the -word. A Dum ber of the major pnrts of the tnr have been re-designed to insure a greater value to the buyer than ever before. The radiator shell ia made of the new rustless airplane metal new improvements in the famous Chevrolet motor new chassis with all moving pnrts completely enclosed new single plats disc clutch completely enclosed with fly wheel new stronger front axle mew banjo typa rear axle con stnietion as is found on the highest priced ears. The frame is very stur dy with five steel cross members new semi-eliptio springs made of finest elironie vanadium steel, with rear springs nndershing. The new Fisher closed bodies are equipped with the latest Fisher im provements and Duco finish. These improvements make the NEW Chevro let tlie finest low-priced automobile in the world. Radiator The design of the front face of the shell has been changed, adding greatly i its appearance. No change in capacity or size of the radiator was necessary because Chevrolet has long been recognized aa one of the most efficiently cooled cars., t Motor The Chevrolet motor lias nnnsnal power at all speeds trader every driving condition, qatck get-away in traffic smooth acceleration and low fuel consumption. The overhead .valves and rocker arms are completely enclosed to pro tect them from grease and dirt, resulting in making a very qoiet motor. The cruk' shaft is four pounds heavier and ,is made of high carbon steel. The fly wheel is completely enclosed. The intake manifold has been shortened and the carburetor raised 12 inches. The Bemy starting motor is mounted directly in the fly wheel housing with all moving parts com pletely, enclosed. Those improvements add to the Chevrolet power, smooth. ne'ss and economy. ' Clutch The Chevrolet clutch is a dry disc clnteh completely enclosed, retir ing no Inhncntion or attention. It has four friction surfaces. It haa a light pedal pressure. It starts the car smoothly and makes gear shifting easy Transmission The transmission is of the selective type with tbre speeds forward and one reverse with a convenient hand gear shift lover. The gears are made of vanadium steel to insure long life. Springs The Chevrolet is equipped with somt-elipttc springs, front and rear. These springs are of chrome vanadium steel and are designed for excep tional riIing comfort. The rear springs are nnderslnng for better road-, abilitv. The low center of gravity holds the car to the road. Ths front spring is 36 inches long and the rear spring is 54 inches long and are all lu bricated through its ntemite fittings. - The Rear Axle The Chevrolet rear axle will handle all the famous power of the Chev rolet motor. Large, strong beveled driving gears quietly deliver the power to the axle shnfe. The axle housing is of one piece banjo type construc tion. R!m New Departure ball bearings make possible the delivery of all the power to the rear wheels without friction. Brakes The Chevrolet brakes operate on all 11 inch steel drnm wHcK provides ample breaking surface. They are fully adjustable at each rear wheel. A simple brake equalizing device is used to automatically insnre equal pressure on each wheel. The emergency brakes are made of the ia- ternnl expanding type. Steering Gear The new steering gear is the Bdmi-rcversible worm and gear type. This construction makes it easy to steer the ear under all conditions. It also prevents road shocks from being felt by the driver. Fuel Tank The fuel tank is of 30J gallon capacity and is rigidly fastened to th frame. It is protected by a steel cross member. The filler cap has been located on tho left side (no more locking when the ear stands at curb), General If you will inspect the bodies you will find many refinements in both the closed and open models. Tho durable Dneo finirti on all passenger models. The Fisher bodies on all closed models. The new W type one piece windshield wMh automatic windshield wiper on closed models. Cowl lamps on all models, and many other refinements in upholstering and fit tings all of which combine to make Chevrolet an exceptionally good look ing ear, a most comfortable car to ride in, an easy ear to drive and a most economical car to operate. Balloon tires (31x4.40) are regular equipment on all cloced models. Disc wheels are regular equipment on the Sedan and Coupe, The Coach comes with wood wheels os regular equipment. B. F. Goodpasture ?th and Olive Streets r SOU) K DRtGGISTS
