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Show MOTOR TRUCK IS GOOD INVESTMENT 'It seems a peculiar fact the inan-Iner inan-Iner in which capital in general seeks investment,' safs E P. Brlnegar. There are certain specified lines 'which the most conservative of capi-i capi-i tal will seek and where the interest on the same Is ver small Large uond issues and similar business enterprises en-terprises with a fair foundation can generally secure all rne capital necessary nec-essary lor their wants. 1 he mercantile companies in the i west will have invested in their busi-r.rses busi-r.rses sums ranging from $10,000 to 1,000,000, and are in the main satisfied satis-fied with a profit of 10 per cent on their money, and in many Instances much less An opportunity to increase in-crease their business by adding a stock of some particular poods which they feel is salable, or to enlarge their plant with the average labor-saving .elces is promptly done In most Instances In-stances on about the same basis of profit as per the Investment "Now it Is a well-known fact amonc truck users thai a qreal many i contractors have earned the cost of 'their truck in one vear above operating operat-ing expenses Now say the truck in question cots $5000 and $75(10. earn-ed, earn-ed, snv 3500 for expenses, and say the truck has been very' badly used 'and Is onlv worth 50 per cent of its original value at the enr of twelve months This is. of course, a very 1 eonsen atlvp and unusual condition, I but still the profit Is 25 per cent on 'the original Investment. Figuring as most conservative truck men do, a depreciation of 20 per cent per annum an-num would rn?nn a profit of 60 per cent on the investment it seems Inconceivable to me. with these Ugures being more than well established, that so manv of the pro-gresetve pro-gresetve business men seem loth to .Invest In the motor truck T nder or-I or-I dinary hauling conditions, an insurance insur-ance companv or bonding company or guaranty companv would be justified In Insuring a 20 per cent net profit per annum invested 'n the motor truck and be secure In 499 out of BOO 1 Instances, while with the grossest mismanagement and abuse, to fall to learn 10 per cent net profit under average av-erage conditions would be inconceiv-' inconceiv-' able. , 'Though any unprejudiced mind could easily be convinced that these Figures arp true In the aggregate, It its still a fact that m:ni corporations will Invent from $20,000 to 5100,000 of their money In different Improvements Improve-ments without hesitation, and then (will hesitate quite a while before In-, In-, vesting 200ii to $;,m,o n a motor truck which n all probability would pay a bigger Interest on the Invest- ment than any 0f their other capital Considering there Is a quantity of I capita! seeking l.-mmate investment this seems one of the oddest conditions, condi-tions, and the only manner in which jit can be accounted for is that manv l view the motor truck in the light of ah automobile, namely, as a luxury. It is. indeed, a luxury in its proper j sphere, but an earning one.'' |