Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1918-08-30
cess profits last year were from II t.
400 per cent.
Coal Men Pile I'm Wealth

cess profits last year were from u T.
400 per cent.
Coal Men Pile Up Wealth,
The Pennsylvania and West Vir.
ginia soft coal mining companies made
enormous excess profits i'm 1917, &C.
cording to the report. The large com.
panies all made profits in 1916 ranging
from % to $50 per cent.
In 1917 all of the large bituminous
operators, the report shows, made I'M
usual profits. One mine made 1,62d
per cent on its capital in 1916 and 4, 1897
per cent In 1917. Another made 1872
per cent In 1916 and 1888 per cent In
1917.
Profits of the midcontinent bitumi-
nous operators were smaller. averag-
ing 80 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 for both years.
All Of the garment manufacturers
made gigantic profits In 1915, those for
the larger companies ranging from IS
to 30 per cent that year. They showed
excess profits In 1917 of from to IS
per cent.
Small dealers In flour 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 3,176 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 1916 earned ST.
100000, then boosted its capital stock
to $96,OOO,OOO and then earned $685.
100000. A $19.OOO.OOO concern which
earned $4,6OS, 900 in 1916 made $685.
700 in 1917. A $16OOO,OOO company
made $4,713,O0O in 1917. against $4,-
100000 in 1915.
A tin plate mill with $40, 900 900 cap
ital made $54,OOO,OO0 net profit In 1917,
against $19.OO0.OOO in 1915, or an in
crease Of u per cent on its capital
stock.
Transportation, public utilities, and
light and power companies, with very
few exceptions, Jared exceedingly well
during 1916 and 1917. Their profits
In 1915 generally ranged from Q to 80
per cent on their capital stock, while
they nearly all made excess profits In
1917 Of from 3 to 80 per cent. Profits
Of the large public utilities companies
in 1916 and 1917 ranged from IL to Is
per cent.
Steam and electric railroads In 1915
made from II to POT per cent profitA
while In 1917 they made profits In
excess Of 1916 that ranged between Is
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
1913 per cent more on its cap
ltal stock in 1917 than In 1915. An
other capitalized at 100000 increased
It's income from $S24,OOO in 1919 to
&, 77S.OO0 in 1917.
How Dry Goods Men Jared.
A list Of 2,O92 clothing and dry
goods merchants. including department
stores, showed profits for 1917 in ex-
cess Of those over 1915, as high as
1913 per cent on the capital stock.
The concerns making the enormous
Profits, however, were the smaller
irms.
Retail grocers and provision brokers
made their enormous war profits"
n 1915, the report shows. The gro
.ers made only a small profit in 1917
n excess Of their 1915 profits. OF the
1888 concerns listed in the report.
however, only q dozen show profits Of
ess than 20 per cent on their capital
tock in 1915, the year before the Unit
ID States entered the war. and the
,refits Of some concerns that year
we're as high as 1873 per cent. Most
4 the grocers, both large and small
concerns, the report shows. made av-
rage profits In 1916 Of from 50 to 200
lor cont