Show n CLEARS RECORD OF BANK Overland Willys-Overland Company Makes Splendid Re- Re Record Record I cord for Year I Thanks to this having proved pro ed the greatest car In the history of ot the cOm company pan the Overland Willys-Overland com corn company pany is now without bank indebtedness edness ednes of or any kind the tho re- re remaining remaining re-malnin re balance of due du duto to complete the payment po ment of 17 17 owed by the company hay hay- hayIng Ini Ing been paid list last seek neck The financial statement Issued by the company for the just halt haltof haltof of 1923 shows net earnings of ot 9 65 after allowances or of taxes interest and special ro- ro re reserves serves The Tho ratio of ot current as- as assets assets as assets sets to liabilities Is I a a little bet bettar r than two to one 1 with aith Ith cash and drafts of oer 9 9 on hand Of Ot the th earnings II for the tho first six ix months oer over was earned In Jun June The figures sho ahoa honn n on this state side statement ment moot are arc significant of ot the extra extra- extraordinary extraordinary ordinary progress which Overland Willys-Overland Orland has made mado during the past year under the tho personal leadership of ot John N Willy who for tor more than a year has devoted lili entire time to his hia Willy Willys- Willys Overland Overland Interests at Toledo During that time production has haa ad from fourteenth place to second among th the members of ot the tho Automobile Chamber of ot Corn Com Commerce Com Commerce merce meree |