Daily capital journal., October 27, 1917, Page SIX, Image 6

THE DAILY CAPITAL JOB RNAL, SALEM, OREGON, SATURDAY, OCT., 27, 1917.
BIX
TffpiVijmtfftrf-d
Vw Can Cet to 10,615, Kora KJes
out of them by using Gates Half-Sole Tires.
We will put them on for you and change your old tire
into new ones at about one-half the price you would
have to pay for new tires.
Your tire comes into our plant, worn and scarred
from service, and we deliver it back to you the same
tire made oversize and with a brand-new non:skid
tread of fresh rubber. Not a square inch of your old
tire will be in sight, and you will not be able to tell it
from a new tire.
SATIRES
Are absolutely guaranteed for 3,500 mlltt of wear wftlHnrt a
puncture and many tilers arc averaging from 6,000 to 10,000 mi le.
You cannot flet this kind of guaranteed service from any tire on the
market witl&ut paying two or three timet the coat of a Gates
H1' "" let US SHOW YOU
Don't throw away another worn ttre unlit you hv Investigated
the Gates Half-Sole. If you are paying the tire bills you will be in
terfiled and we are ready to snow you now to Keep in yot
run
pocket a big part of the cost of new tires and" get better t
inan you nave ever nu oeiurv. we iwrimcf n,
ur ovn
service
im wmtMwmwmmm way "' 'I
J sT 4 V 4 I f i
UUU Hit
The International Rubber Sales Co.
- 177 South Commercial Street, Salem, Oregon.
I USED CARS J
We have some real bargains
in Used Cars
. 1917 Reo, just like new.
1917 Saxon Roadster.
1916 Saxon Touring Car.
1914 Buick Light Truck.
1917 Republic Trucka bargain.
17 Series Studebaker, like new.
These cars are all in first class shape. We give
terms as well as 24 hours free service. Come in and
let U3 show you what we have.
OREGON MOTOR CAR CO.
Ferry and High Streets, Salem, Ore. Phone 121
i
u. iVi W era,
Whore Broad Cuts An?
As B As Your Plaio
Somewhere, away from, tlio tlirob of the city
there's a farm house, quietly nestling in the
sunshine, among protecting hills a place where
you're always welcome. Remember the yard,
barn, the chickens (he warmth of the stalls
during milking! Recall the hunt for eggs?
Cfm't you smell the hay in the mow? Can't
you hear the Avclcomiug bark of tho dogs?
And the kitchen with the loaves of home-baked
bread jars and jars of jelly and jam. What
wouldn't a man give to get back there- again!
Harley-Davidson
For 16 Years Tlie Master Mount
brings "God's Country" to your door for a
cost of but $4 to $0 a month.
Next Sunday you can ride out to tlie land of
perpetual welcome.
Let us help you spend your next week-end. We
can arrange terms to suit your convenience. f
SCOTT & PIPER,
Largest Exclusive Bicycle and Motorcycle
Dealers in Salem.
232-260 State Street. Salem, Oregon
Maxwell Company Earns
Over Five and Half Millions
Net earnings of $5,507,697.01 are set
forth in the annual report of the Max
well Motor company, Inc., for the fis
cal year ended July 31, 1917.
These net earnings, with the undivid
ed surplus of $5,510,775.36, give a to
tal corporate surplus of $11,018,472.37.
The annual report of t resident Wal
ter E- Flanders Bays:
Detroit, Mich., Sept 15, 1917.
"To tho Stockholders
"The fourth annual report of the
Maxwell Motor company, Inc., for the
year ended July 31, 1917, is herewith
submittod.
"The net earnings of the company,
as shown by the accompanying state
ment of Wost & Flint, certified public
accountants of New York, amount to
$5.507,t)97.01 after deducting a corpora
tion income tax of 2 per cent and with
out any deduction for an excess prof
its tax.
' ' Regular quarterly dividends of
1 3-4 per cent have been paid on the
first preferred stock during the past
fiscal vear. Four quarterly dividends
Bf 1 per cent each, were paid on the
second preferred stock on October a,
1916, January 2, 1917, April 2, 1917,
and July 2. 1917. Four quarterly divi
dends of 2'j per cent each were paid
on the common Btock on Octobor 2,
1916, January 2, 1917, April 2, 1917,
and July 2, 1917.
' ' because of the uncertainty of tho
excess profits tax which is still un
determined by congress, and to con
serve the company 's cash assets and
provide the propor quantity of raw ma
terials for futuro manufacturing opera
tions, it was deemed advisablo at tho
directors' meeting of August 14, 1917,
to pass the dividend on the second
preferred and common stock.
"The number of cars sold by us dur
ing tho past fiscal year shows an in
crease of thirty nine per cent ovei
sales the previous year.
"Tho net working assets of the com
pany and its subsidiaries at tho close
of its fourth fiscal year are $12,280,-
977.05. The inventories have been
taken at actual cost; we have no ob
solete materials of any kind in our
factorios. The present market price of
tho inventory is considerably larger
than the amount shown on the books.
"The American Appraisal company
has iuat completed an appraisal of
our real estate, .plants and machinery
in which it states that these items ns
carried on our books are conservative
and substantially correct. (A copy of
the roport of tho American Appraisal
company is printed in this annual
statement. )
"Tho American Appraisal company
in a Bpecial report which is on Me in
our office, adviso us tha't the net sound
or present day values of these prop
erties (after deducting depreciation re
serve of $2,214,296.00) is $8,305,398.43
or $2,909,65039 more than the net fig
ures at which wo carry them on our
books.
"Sales contracts with distributo.-s
have been signed for 32 per cont more
automobiles of all modols than had
been contracted for at the same period
lust year. Salos contracts received to
date also indicate that we will find a
roadv market for all of the one ton
trucks that wo will be able to manu
facture during the next fiscal year.
'.'Following this report are the profit
and loss account, containing addition
al information as to the results of tho
vear's operations, and the balance
skoet."
Maxwell Motor Company, Inc.,
WALTER E. FLANDERS,
Presidet.
Silverton Milken
Have Splendid Plan
It is concedod by all mill men of
the state who understand the workings
of the Mill Men's Hospital association
that by the plan as maintained by the
workmen of tho Silverton Lumber
company, is the best plan yet devised
for the care of the sick and injured.
The operation of the plan is entire
ly in tho hands of the men themselves
being absolutely independent of the
company. Tho men elect their own of
ficers and have full say of all expen
ditures of their funds. If assessments
aro to bo mnde it is by mutual consent
of the members. During tho past two
voara no assessment per month has
exceeded 75c, and throe nionths of this
New Automobiles h
Marion and Polk Counties
M. O. Wilkins' Automobile Eecord
gives the following new antos in Mar
ion and Polk counties for the past
week:
Marion County.
47680 Baleh, W. H., Gervais, K. 1,
Ford.
47734 Blaco, A. W., Turner, Ford.
47617 Fowle, J. E., Shaw, Hudson.
47586 Gath, Fred, Turner, Overland,
47720 Oodwin, H. L., Salem, R. 9,
Chevrolot.
47643 Graham, Sidney, Aurora, Chal
mers.
47620 Hackit, Robert, Brooks, Chev
rolet.
47682 Jones, Margaret Beeler, Sa
lem, Dodge.
47613 Kapphahn, J. A., Hubbard
bldg:, Salem, Studebaker.
47619 Kelscy, H. C, Salem, 965 N.
5th St., Buick.
47678 Kukelberg, Jacob, Salem, R.
7, Ford.
47679 Lansing, C. F., Salem, H.J-7,
Ford. ;
47664-r-Lund, O. M, Silverton, Chevrolet.
47570 Miller, N. W, Woodburn,
Ford.
47735 Rae, Roy, Salem, Ford. f
47729 Tingelstad, Martin, Silverton,
Maxwell.
Polk County.
47708 Butler, G. O., Dallas, Fore.
47736 Fague, Chester, Perrydale,
Ford. .
47618 Gilson, C. L., Dallas, Oakland.
47709 Harris, Frank, Dallas, Ford.
47577 McElmurry, S. H., Independ
ence, Maxwell. i
LostOne Motor -
Car Salesroom
Detroit, 'Oct. 27. "They certainly
bill this Liberty loan like a circus,"
said the conductor of a Woodward $ne
car this morning as he glanced outot
the lithographs on a fence.
"Well, I'm tied up with coal Wis
and a lot of new furniture," said a pas
senger who was riding in the rear of jhe
car. ' ' It would have to be a sign as fiig
as a house to jar any bond monc 1ut
cf me just now." : I
The car had just left Forest Avrnue
going south when he made his state
ment. "It would, ehf" broke in an
other passengor. "Well you just look
at that. ' ' The car was passing the sales
room of Thomas J.' Doyle, dealer in
Dodge Brothers motor cars. From the
roof to the ground, 30 feet, and cover
ing the entire front of tne m-rooi
building was a sign, "BUT A BOND."'
It was as big as two nouses.
"You win," said the first passengor,
"I'll buy."
TRY THIS FOR A
SOLD IT'S Fl
Tape's Cold Compound" Ends
Severe tolas or dnppe
in Few Hours
......
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Dodge B
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fclq 9dj
The car's steady growth in good opinion proves how readily the public ap
preciates real value.
The kind of people who buy Dodge Brothers cars are seldom concerned with
any question of price.
They always think first of its high quality and stability.
The record of its economy and comparative freedom from repair costs comes
as a pleasant afterthought. ' '
It will pay you to visit us and examine this car.
The gasoline consumption is unusually low.
The tire mileage Is unusually high.
Touring Car or Roadster, $885; Sedan or Coupe, $1350;
Winter Touring Car or Roadster, $1050.
AH prices f. o. b. Detroit.) . :i
H. F. BONESTEELE
219 N., Commercial Street . Salem, Oregon
M M4444t4 4 4Mtt4-444te44444
TTHHtHtHHHMf)HHIMMMttMM
O. A. C. EXTENSION WORK.
Oregon Agricultural College, Corval-
lis, Oct., 86. (Special Extension ser
vice of the Oreffon Agricultural College
s preparing most comprehensive exhib
it Sood conservation ever staged in
Oregon, for the Portland Land Products
Show held Nov. 3 to 2b.
O. A. C. will demonstrate various
phases of conservation showing neces
sity for it and how it can be accom
plished with least inconvenience and
best results. The entire space allotted
O. A. C. on ground floor will be used
for this and for eablnet of transparen
cies showing college scenes and activities.
I When in
Trouble
CAPITAL JOURNAL WANT ADS EKING YOU RESULTS
You can end grippe and break up
severe cold either in head, chest, body
or limbs, by taking a dose of "Pape's
Cold Compound" every two nours umu
three doses are taken.
It oromntlv opens clogged up nos
trils and air passages in the head, stops
nasty discharge or nose running, re
lieves sick headache, dullness, fever-j
iahness, sore throat, sneezing, soreness
and stifnesa. ' "'-fi
Do-n't stay stuffed up! Quit blowing
and snuffling. Ease your throbbing
head nothing else in the world give
such prompt relief as "Pape's Cold
Compound,'' whieh costs only a few
cents at any drug store. It acts with
out assistance, tastes nico, and causes
no inconvenience. Be sure you get tho
genuine.
No matter what the
cause out of gas, need
new tires or tubes or oil,
phone for our free
service-
Free Service Day or
Night
Auto Accessories, Tires,
Oils, etc., all kinds of
vulcanizing, retreading
a specialty.
Factory Experience .
Quackenbush Auto Supply
and Vulcanizing
247 N. Commercial
Day or Night Phone 66
vear no assessments at all wer6 made,
The boys keep an available fund of
about $1500 in their treasury all the
tunc.
Tho association was formed about
ten years ago and has been so success
ful that no changes whatever have
been made in the original plan. It has
the full sanction of the state indus
trial and labor commissions.
Each man in need of a doctor has
tho full privilege of calling anyone he
chooses, not being confined to a com
pany doctor, as is sometimes the case
with organisations of this character.
When a man begins work at the mill
he automatically becomts a member of
the association and his first day's pay
goes into the fund, regardless of his
wntfA ftp the length of time he works.
!lf he works one day he sweetens tho
fund to that extent, ana ms memuur
ship ceases when he leaves.
By a petition circulated among the
membors Tuesday it was almost un
animously agreed to invest $500 of
their fund in liberty bonds. The bond
hns been purchased and placed in tho
hands of the treasurer. The mill men
are to be commended not only for their
thrift in looking after their menibei
ship, but also their government.
The officers of the association are.
president, M- M. Sayre; secretary, W.
E. Hopee; treasurer, vv. a. iteynoios.
Silverton Appeal.
MARRIED AT SALEM SATURDAY
The marriace of Miss Mabel Daven-
jport, daughter of Mr. and Mrs. D.
I Davenport of the Waldo Hills, to Gran
Iville Yocum, of Yamhill county, took
place at Salem Saturday, October 20,
I at the homo of Rev. C. W. Corby, he
! having performed the ceremony. The
iheppy young couple planned their mar
riage" as a surprise and were quite suc
jccssful in their plans- After a short
honeymoon trip to Portland, they
iwent to their future home at Bellevue
;in Yamhill county,-where the groom
ihas a farm. Their many friends wish
them all joy in their future lives.
bilverton Appeal.
JOURNAL WANT ADS PAY
We used to say:
"The Maxwell's real greatness is on the insidethe
mechanical parts you can't see."
But the wonderful new 1918 Maxwell has just been
delivered to us.
Now we've changed our tune.
Today we say:
"The Maxwell is great inside and outgreat in
EVERY POSSIBLE WAY."
Always the most efficient most economical light
car built, the Maxwell now has:
A 6-inch longer wheel base, maiding it larger and
roomier.
Heavier and more rigid frames 6 inches, instead
of 3 inches deep and yet is 50 pounds lighter.
Compensating undershmg rear springs the last
word in spring suspension at any price.
A sloped windsshield style of body equal to the
highest priced cars.
Friends, the 1918 Maxwell is the best looking, best
built car for the money we ever saw I
1
m
m
'A
yj-Xrr"
Touring Car $745
RoadMttr $745; Coop flOSS; BsrUnm fl095f
Sedan $1095. A3 prie f. o. 6. Detroit
, Halvorsen & Burns
245-255 S. Com'l St Phone 959