The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1920-04-09
Hes
COS 50 MUCH
Wool Trust Profits Show Folly
Of Palmer Crusade Against
Retailers.

| - reeiiSes u Dis business ana OF At
.o1ney u ss[ Falmer IS the pretense
1nat the nigh prices OF food and clothes
are uue largely 20 excessive profits OF
Ielilii merchants, anu can be remedied
py~ senulns rev grocers to Jail for
charging one cent pound profit on
sranuiated sugar. Or by compelling
cloth1ng dealers to mark in plain fig
ures the cost price OF every garment
Inev sell.
" course as we often do not know
just VINO Is TO be blamed for excessive
prices ana as we cannot very well get
8 at .lnahu1acturers we like to take it out
+ oA Tue re1aller.
Must Go After Trusts.
But there was published a few days
ago some facts about the profits Of
feXtlel manufacturers which show very
plainly that proflteering where it ex-
lists. IS not to be laid solely with the
fe1ail merchants. It we could reach
SUCH trusts as the american WOODEN
". We "oulu get somewhere In the
usLl against pronteers.
:. mere IolloWs an ABSTRACT from re-
ceil press uispatcn from New YORK
ely
ne Alnericah Woolen Co., IS COM
,ioiiiy AhoWn as the WOODEN trust"
II many respecls IL IS TO the Wcolen
.raoe what the standard oll 60. IS to
'ne oll business. owns oo mills,
"hich cover more than 1oO acres OF
.anu anu nave over iU,ooo,uOO feet OF
'ioof space. NO hgures on the COM
pany annual output OF WOODEN goods
are opIainaDie.
- - : : =, neg Den o,e =, 'ne wa.e,l'
80. 49, - s s po'ies. o.oeh'
as...s 49, --a'...e - a.u"1 e
~. :, - =. BUSINESS Aanu'eu
a,,.1 Tn .a ~, -, :. 80 - uo..a.''
- -. -. ' 80 o.e - D's ~ pol n',ons
49, - 80 s 49,. w @ - -. 49, W.
ars 80 axnanso 80 aaa-a.,eo
"sa.,o''a' r'o''s
a. any ia'e' 'ie sheie'on'zeu STATE
'n.nl - nnii,ss as iuinisiieu ny Tue
a'1l1.an ,'oolsn ~. slses eoils,.ieii
usne1 .n'. :. nas noe es.aoiisi'su
!: ,s.,.. &c ~ 800 soous
49,, -. ~ ~. ppse - ee.is -
90 pa' ine's u Aisae. pio-
80 ss ana :. ~ 1a 'inie -
sa+,,.,, t.a:. :u. .sNnD.ae'' q Aai'
- ~ ~. snen -. os.h.nl.
az, 49, ' ~ NV
a;,a...,,. - 80. - ns guy -
,,aan -. - 49, sooua nas neen
-. .e e. ~. ne en p.ins
49, - .;as, s ''''oi' -
'SA-'''' 49,
rer cent Jump.
IN 1914 operating income after de-
eoo =. e. .p.n a1noun.eu - s-'' 90
~ nau 'u ,nt ~ Yo
= :, - 90 .n. se u i9 ,o, pei .1n
20 oot noa 1917 ~ 90 E .o.a ao.
pl- "a az 'nei ease u ''''''''foA'
- 81 PEI eenl o'e, i
u' 'na' = .io' at Deloie aIlisins
- .ne ope'a'ns plon, ior 1910 Tue
pay ~. o'iis .ooA eaie VI wage
,.. eases anu lnouu.'ioi coses' pu.
a'sV 'ooA saae " ieueia' ii'colhe anu
1Acess pront taxes TOT the year.
IA 1910 the company earned so.4o TOT
saei' snare " coni'hol stoch' aller pay
ng : per cent II oiVldends On the
STOCK. III 1910, common
snare earnings Jumped 20 Slo.oz per
''iaIe II i3ie' % s4'.4z per snare, anu
4 1910 lhey announced 70 a1l.oo per
snare. II appears lnal the oniy reason
ne snare earnings u 1910 were not as
. urge ee, o. Dr. not iarser 1nan 10 ~. IS tna1
'v'1oi'VoV was CHARGED asaihse uepie
.1a'loll anu - o'nel ways surplus y
lan..ai "a. vas s.oleu away peiore
'''''ns a. 'ne u'sluenu pa'anee
Where Your Money Goes.
In 1915, IN addition to the usuai
yer cent dividend on the preferred
n the common. IN lSI1 ana 1910,