The patriot. (Glenmora, La.) 1918-1955, 1918-08-23
cess profits last year We're from II TO
400 per cent.
Coal Men Pile Up Wealth.


ginia soft coal mining companies made
enormous excess profits in 1917, ac-
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 1925
per cent on its, capital in 1916 and ,3337
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 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 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 profits in 1917 of from to 90
per cent.
Small dealers in -four and grain,
with capital stock of from Sl,00O to
$4,000, made excess profits that ranged
as high as SO 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 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
S31 .OOO, 600 capital In 1916 earned ST.
100000, then boosted its capital stock
to S96.OOO,O0O and then earned $685.
100000. A $19,OO0,0O0 concern which
earned $46OS, 900 in 1916 made $685.
600 in 1917. A S18.O00.OO0 company
made $4,713,000 In 1917, against $4,-
100000 In 1915.
A tin plate mill with $4,000, 900 cap
ital made $4,000 poo net profit in 1917.
against s19OOO,ob in 1916, or an in
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 6 to so
per cent on their capital stock, while
they nearly all made excess profits in
1917 of from to 35 per cent. Profits
of the large public utilities companies
in 1916 and 1917 ranged from IL to %
| 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 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
earned 493 per cent more on Its cap
ital stock in 1917 than in 1916, An
other capitalized at s7OO,OoO increased
its income from S324,000 in 1915 to
S3,7TeO00 In 1917.
How Dry Goods Men Jared.
A list Of 2,Oe2 clothing and dry
goods merchants including department