Cheyenne record., 1918-08-22

The profits Of the brewers ranged
from 25 to It's per cent In 1915, and
their excess profits In 1917 were from
5 to so per cent, most Of the large
breweries making an average profit Of
AZ to SO per cent in 1916, and an ex-
cess profit of 10 per cent in 1917.
The distillers Of WHISTLES and spir-
its made profits In 1916 that ranged
from 8 to 1923 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-
ginia soft coal mining companies made
enormous excess profits in 1917, ac-
cording to the report. The large COM
panies all made profits in 1915 ranging
from 25 to $50 per cent.
In 1917 all of the large bituminous
operators, the report shows, made un-
usual profits. One mine made 1926
per cent on its capital in 1915 and 1887
per cent in 1917. Another made 1872
per cent in 1916 and 5,9S3 per cent in
1917.
Profits of the midcontinent bitumi-
nous operators were smaller, averag-
ing so per cent.
The big oil producing companies Of
Illinois, Indiana, New York, Pennsyl-
vania, ONO, Kentucky. Tennessee, and
West Virginia made from % to 396
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 1916, those for
the larger companies ranging from 20
to IS per cent that year. They showed
excess proflts In 1917 Of from to IS
per cent.
Small dealers in -four and grain,
with capital stock Of from $1,000 to
5000, 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 800
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 1915. These profts
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, ,OOO, 600 capital in 1915 earned $l7,-
10000, then boosted its capital stock
to SOC, 100000 and then earned $23,-
OoO, 900. A $19,OOO,OOO concern which
earned S4,6Os,O 900 In 1915 made $685.
600 in 1917. A $16,OOO,OOO company
made $4,713.O00 in 1917, against a.
1O0, 600 in 1915.
A tin plate mill with $4,000 900 cap
ital made $4,000, 900 net profit in 1917,
against $19,OOO,OOO in 1915, or an in
crease Of Y 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 1916 generally ranged from 6 to 50
per cent on their capital stock, while
they nearly all made excess profits in
1917 Of from to 35 per cent. Profts
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 IT to 207 per cent profits,
while in 1917 they made profits in
excess of 1915 that ranged between Is
and 20 per cent, according to the re-
port.
Marine, IRE, 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 1916. An
other capitalized at $7OO,O 900 increased
its income from $4,000 in 1915 to
$3,77s,OOO in 1917.
How Dry Goods Men Farsd.
A list Of 2,O92 clothing and dry
stores, showed profits for 1917 in ex-
cess Of those over 1916. as high as
191.43 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 q small profit in 1917
in excess Of their 1915 profits. OF the
1888 concerns listed In the report,
however. only a dozen show profits Of
less than 20 per cent on their capital
stock in 1915, the year before the Unit
ed States entered the war, and the
profits Of some concerns that year
were as high as h,s13 per cent Most
Of the grocers, both large and small
concerns, the report shows, made av-
erage profits in 1915 Of from so to 200