The Fayette falcon. (Somerville, Tenn.) 190?-current, 1918-08-23

cess profit Of 10 per cent in 1917.
The distillers Of WHISTLES and spir-
its made profits in 1916 that ranged
from 8 to 1913 per cent, while their ex-
cess profits last year were from II to
400 per cent.
Coal Men Pile Up Wealth.
The Pennsylvania and West Vir-
ginla soft coal mining companies made
enormous excess profits in 1917, &C
cording to the report. The large COM
panies all made profits In 1918 ranging
from 25,to $50 per cent,
In 1917 all Of the large bituminous
operators, the report shows, made I'M
usual profits. One mine made 1925
per cent on its capital In 1915 and 4,3S7
per cent in 1917. Another made 1872
per cent in 1916 and 1888 per cent In
1917.
Profits Of the midcontlnent bitumi-
nous operators were smaller, averag-
ing so per cent.
The big oil producing companies Of
Illinois, Indiana, New York, Pennsyl-
vania, Ohio, Kentucky, Tennessee, and
West Virginia made from % to 396
per cent in 1916 and enormous excess
profits in 1917. The Texas, Oklahoma
and Kansas oil companies showed
similar profits far both years.
All Of the garment manufacturers
made gigantic profits In 1915, those for
the larger companies ranging from %
to 70 per cent that year. They showed
excess profits In 1917 of from 8 to So
per cent.
Small dealers in -four and grain,
with capital stock of from $1,000 to
$1,000, made excess profits that ranged
as high as $40 per cent.
The report also shows that the small
dealers in furniture and other house
hold goods made enormous profits last
year. with excess profits as high as $50
per cent.
Retail dealers in tobacco made enor-
nous profits off the smokers OF the
country, the highest being S,176 per
cent, and the average approximately
so per cent in 1916. These profits
were doubled during 1917,
Auto Builders Wax Fat
Most Of the automobile companies
hit high marks in earnings in 1916, but
they went still higher in 1917. The
largest listed howeVer, did not show
any extraordinary increase in profits
over those of 1915. One company with
$31 100000 capital In 1915 earned ST.
100000, then boosted It's capital stock
to S96O0O0OO and then earned $2S,-
100000. A $19,OO0,0O0 concern which
earned $4,60S,000 in 1916 made $685.,
900 In 1917. A $16,0OO,00O company
made $4,7l3,O00 In 1917, against So
100000 In 1916.
A tin plate mill with $49,000,000 cap
ital made $54,0O0,000 net profit in 1917,
against $19,O00,000 in 1916, or an in.
crease of 72 per cent on Its capital
stock.
Transportation, public utilities, and
light and power companies, with very
few exceptions, Jared exceedingly well
during 1915 and 1917. Their profits
In 1915 generally ranged from 8 TO 81
per cent on their capital stock, while
they nearly all made excess profits In
1917 OF from 8 to 50 per cent. Profits
Of the large public utilities companies
In 1915 and 1917 ranged from IL to rs
per cent.
Steam and electric railroads In 1915
made from II to 207 per cent profits
while In 1917 they made profits In
excess Of 1915 that ranged between Il
and 20 per cent, according to the re
port.
Marine, fire, and life insurance con
Germs enjoyed unusually large In
creases in profits. One company
earned 493 per cent more on its cap
ital stock In 1917 than in 1915. 40.
other capitalized at 100000 increased
it's income from s324,000 Ia 1915 t.
S3,773,000 In 1917.
heS Dry Goods Men Fared.
A list Of 2,092 clothing and dry
goods merchants, including department
stores, showed profits for 1917 in e..
cess of those over 1915, as high as
1e1.4S per cent on the capital stock
The concerns making the enormous
profits, however, were the smaller
firms.
Retail grocers and provision brokers
made their enormous war profits
In 1916, the report shows. The gro
GERS made only small profit In 1917
In excess Of their 1919 profits. OF the
1888 concerns listed IN the report
however, only q dozen show profits VI
less than 20 per cent on their capital
stock In 1916. the year before the Unit
ed States entered the war, and the
profits Of some concerns that yeai
were as high as 1913 per cent MosI
Of the grocers. both large and small
concerns, the report shows, made ay
erage profits In 1915 Of from 80 to 20
per cent.