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THE ALLIANCE HERALD, MAY 23, 1918
Bankers, Stockmen and Business Men in their Actual
:ks of the Stock of the
ING COMPANY
E INDEPENDENT PACKING PLANT
HE OPINION THAT THIS IS A WONDERFUL GROUND FLOOR OPPORTUNITY TO PARTICIPATE IN THE
r Capital Stock in 1917. Wilson & Company Earned
er Cent on Common Stock in 1917
I OF THE COMPANY, and can bo bought for a short time at $100.00 per share ACT AT ONCE. In the past 60 days over
lEEN PURCHASED
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tu taken on Muv 10. showing a portion of Phelatl & Shirley's excavating and grading equipment, who are rushing this
!il 'present Swift plant on Hie South Side. This also shows members of new packing house commute of Live Stock r,xctiange,
Some of the men interested in the industry present were:
". H. Whitey. Manager Farmers I nion Live stock ( ominission Company.
C. H. Watts, General Manager Farmers Union Live Stock Companies.
F. W. Thomas. Cashier, First National Bank of Omaha.
O. J. Ingwersen, Mamuger Ingwersen & Hosenbaum Bros.
C. A. Mallory, Manager Bowles' Live Stock Commission.
Frank Anderson. Frank Anderson & Son, Feeder Buy-era.
.John Murphy, James Murphy, Hog Order Buyers.
Bruce McCulloch, Editor Journal-Stockman Company
Arthur E. Rogers. President Omaha Live Stock Commission Company.
Arthur W. Tagg, Cattle Salesman, Tagg Bro3. & Moorhead.
John Thomas, Live Stock Editor, Alliance (Nebraska) Herald'.
Frank Chittenden, Inspector Union Stock Yards Company.
HANDS OF PROMOTERS, BUT IS BEINGn!HANDLED
COMPANY THERE IS NO PROMOTION STOCK
and general manager of the Company, who has had years of successful experience in the packing house industry from
the ground up, is a man of the right age who has mature and splendid judgment, and who will leave a splendid con
nection and invests a large sum of money in the stock of this Company at par $100 per share because he knows that
the stock will be an excellent dividend payer. An announcement of the operating head will be made in due course
of time.
Third: Our cost system and operating end has been estimated by the highest ami most efficient authorities in
the United States, and while our plans call for an estimated daily killing capacity of 1,500 hogs we have figured in
our operation only 1,000 capacity. Also our estimate is based on only 55 per cent of the average yield of cattle and
78 per cent of the average yield of hogs and covers only 300 days running throughout the year. We have a fixed
charge in our costs of 6 percent on $2,500,000 outside of liberal estimate! for depreciation in equipment of plant, machin
ery, insurance, etc. Every item is conservatively estimated and included in the cost estimate, and on this first unit
of our plant.
THE NET PROFIT IS CONSERVATIVELY ESTIMATED AT $828 000 PER ANNUM, OR MORE THAN
30 PER CENT ON OUR ENTIRE CAPITAL
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tan of the Board
of Omaha or Council Bluffs.
ROBERT GILMORE, Secretary
KING COMFY
INDEPENDENT PACKING PLANT
SKINNER PACKING COMPANY
Suite 912, First National Bank Bldg.,
Omaha, U. S. A.
I have $ . to invest and without obligation on my part, would like to have you send me d
tailed information on your company.
Name
Address
I SkinnerS I
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MACHINERY PRICES
STILL GOING UP
Farmers Must Pay Increases
Costs Regardless of Set
Price on Wheat.
While the ftrmtfl have accepted
he net price on their 191 8 crop ol
wheat and none tiuht ahead prepar
ing to ralxe the lament amount Ol
Krnln ever grown In the history ol
the country, advances have been
ItMdllJi made in Hi" (Mines they will
huve to buy, ho that the purchasing
price of a bushel of wheat will takfl
another shrinkage by the time th
season Is over.
Indlsputatile evidence Is being fur
nished the federal trade commission
of a general raise In the price of all
machinery and supplies needed on
the farm for the season of 1918, and
the commission Is asked to take ac
tion to protect the farmers from this
unnecessary exploitation.
Want Prices On Commodities Fixed.
Senator Curtis of Kansas made an
appeal on the floor of the senate th
other day for a spirit of fairness with
relation to the things the farmer has
to buy and sell. He wanted some
plan provided where tba farmer,
whose wheat prices has been fixed,
could have protection as well in the
quantity of machinery he Is required
to buy this spring.
He called attention to an exchange
of letters between fid Hoc'aaday of
Oklahoma, and Victor Murdock, of
the Federal Trade commission. Hock
aday is one of the largest machinery
dealers in the south, owning several
large stores throughout that section.
He charged In his letter that the
manufacturers were making unjust
advances In prices on machinery and
farm supplies, and Mr. Murdock
wrote and asked him If he could give
specific Information.
Concerns Are All Named.
Hockaday responded with a list of
the firms who are raising ifrlces over
those of a year ago and named
enough direct Instances to satisfy the
most curious. He mentioned the
John Deere Plow Co., Kmerson-Hrant-Ingham
Co., Itock Island Plow Co.,
International Harvester Co., Oliver
Plow Co., Purlin & Orendorff Plow
Co. In 19K1 they put on a small ad
vance of 10 per cent or II per cent;
In the early part of 1917 they made
several advances, and later they put
on 25 or 30 per cent more.
For Instance, let us take a gang
plow weighing 700 pounds, which dur
ing 1916 cost :.3 to B".. The price
Is gl 00 to $10", now, and the same
old BKy In still the limit. Take a
seven-foot wheat binder, including
tongue truck and transport. In 1916
the retailer paid $120. In the fall of
1916 It advanced $10. In the spring
of 1917 there was another advance
of $16, and last fall there was a $f7
advance, making a total of $83 and
bringing the cost to $203. This Is 70
per cent.
It is now up to Federal TradS
commission to act and act soon.
j.
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SMALL BUSINESS MAN
SHOULD LINE UP RIGHT
"Yoy are fightipfj monopo
listic lag busl ns! not sMN
petitivR little businsss. I wiV
the srn.-ill lu tins msn of th
state nnd the nation so'. M
co --- to sec tliaV Few of Viem
mak the distinction, bi t It z
Vital. In ipi'o or the fact Ihtt
thsy r.rc b'ing pinched 'IV-.-and
tigrt.-r every year till til
havr bcrcme practically sell
in3 flents for the tig fellow:
at trcir own risk, th;y still
continue to think somehow
that they are independent busi
ness men like their fathers
were. Bit they are not and
in th's orat string's trey he
long with the ma6ses and rot
with th? classes.
"The lensue sees that to
fight monopoly successfully
there must be a bigger mon
opoly that the only on; possi
ble now is that of the whole
people acting through their
government; if the little busi
ness men do not S'e this and
remain between the lines and
get run over they have no one
to blame but themselves. The
producers of the nation cannot
maintain the present system of
excessive profit and economic
robbery for the convenience of
the men between the people
and the trusts. The old sys
tem must give way to the
new." From Speech of Judson
King, at St. Paul convention of
farmers and workers.
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Fighting to make the world safe
for democracy is the noblest task tu
which a nation ever consecrated it
self, so let's make a thorough job of
' it at home and abroad.
The farmer have to organize to get
their share of representation in gov
t ernment because the other fellows are
organized to monopolize government.
The most patriotic man Is the mail
who Is most concerned in making this
best country to live in on earth.
