u
VJUHm Ull .l"'l TaWWVUII'l-wtymiwi.--
MARCH 10, 1905
The Commoner.
13
: al Kim
f&sflK-y LH
I EH if H
98 DRESSES
ANY MAN
IVUk aa All-Wool Ckerlot
Made-to-MeMare Salt.
EXTRA PAIR CDETC1
OF TROUSERS F R1HC
To introduce oar famous tnada-to-measaro
custom tailoring w
mKo tm nncquaioa offer ot a
Suit made loyoBrMeasnro,
In tlto latest EnglUh Sack Style,
troll mado and durably trimmed
for only t?.D8. 'Equal to your
local tailor's (15 euit, and lv
you an extra pair of tron
era of Ibo same cloth iu the mlt.
or a fnncy pattern If desired, ab
solutely free Send ni your
name and addroa and wo will
end yon Free Samples of
cloth, measurement blank and
tape-line. Send no money
but write to-day to
BENTS' WimniNO CO. Dopt ei,
242 Market St., Chicago.
Rot: First National Honk, Chicago.
Capital, 918,000,000.
Traveling Salesmen Wanted.
SEED
CORN
IOWA
GROWN
And tested 99 percent
IOWA GOLD MINE
Per Bu. $1.25.
3 Bu. At $1.20
IOWA SILVER MINE Per Bu. $1.40
.- 3 Bu. At $1.30
We furnish Backs freo with all kinds of farm
seeds.
OUR 3S OFFER 800 kinds of Flower Seed 10
full Blzcd pkts. Garden Bced
Mid a 15 Cent Seed Check good for 15 cents
north of any kind of seed in our catalogue
Buy Iowa Grown Seed at 1, 2 and 3 cents per pkt.
Cut out this ad and write today.
Address to 40-1 L.
F. C. GRAVES SEED CO. De$ Moines, Iowa
SEEDS
wmwmz
Best in the World.
I have been growing plump seeds and
snlllncrthom on the sou aro. My custom
ers stick. Nobody else sells-my quality of seeds
at my prices. 1 cent a pkt. and up. Onion seed
50c per lb. All other seeds equally low.
A LARQE LOT OP EXTRA PACKAGES PRE
SENTED FREE WITH EVERY ORDER.
I want to f ill a trial order, largo or small, for you.
You'll come again. Send your own and neigh
bor's namo and address for big FREE catalogue.
R. H. SHUMWAY, Rockford, His.
ChicksWellHatched
Are Half Sold
To bo profitable nn incubator
most hatch chicks to average
85 of fertllo ecss net rood,
stronc, healthy ehleka that
will iivo nnu crow to matur
ity. Thut'8 what tho
SURE HATCH
INCUBATOR tX&tiltt
TRIAL, with 100,000.00 5 Yours Guarantee.
OporatOBwith half the oil and halftho trouble others
ao. ixiaa porooniago naioacs, uaiuuuu enj,umi.
Mr. Garfield Mskes Report of the
Beef Trust Investigation
(Continued from pago 7.)
Co.'s profits have not exceeded 2 per
cent of the total sales; Cudahy & C03
is stated at 1.8 per cent for 1904 and 2.3
per cent for 1902.
With reference to private car lines
in the packing industry it is stated that
the profit is a very liberal one, a net
return of from 14 to 17 per cent being
indicated, but, it is added, that reck
oned on the basis of dressed beef
tansported, tho profit would add but
little to the cost of beef to the consum
er. The profit of one concern, Cuhady
Packing company, on its investment In
cars was as high as 22 per dent in one
year.
Further, it stated that the six prin
cipal packing concerns while they
slaughtered but 45 per cent of the total
cattle killed in 1903, they slaughtered
nearly 98 per cent of the cattle killed
in eight leading western packing cen
ters; that they control a very large
percentage of the trade in beef, partic
ularly in the east, and that they fur
nish New York about 75 per cent, Bos
ton more than 85 per cent, Philadelphia
about 60 per cent, Pittsburg more than
GO per cent and Baltimore about 50 per
cent.
The National Packing company, men
tioned as one of "tho big six," is a
merger of various packing plants, but
except for that concern there appears
to be no general inter-ownership of
stock among the six principal compan
ies. Six packing companies Armour &
Co., Swift & Co., Morris & Co., the Na
tional Packing company, the S'chwarzs
child & Sulzberger company and the
Cudahy Packing company frequently
designated in the trade as "the big six"
slaughtered in the year 1903, 5,521,697
head of cattle out of a total indicated
slaughter in the United States of
twelve and one-half million head, or
about 45 per cent.
That the true average net profit for
three companies the Armour, Swift
and Schwarzschild & Sulzberger for
the twelve months ending June 30, 1903,
as shown by their actual bookkeeping
records, was 99 cents per head, not in
cluding incidental profits mentioned below.
iivo nnu arrow, inm.o niuuuy. ichu uuiumuiou
Tho boat brooaors can't save poorly hatched chickens.
k..-1 1A t,'lll lNnnlMTAlt AAmnlti.nltll nil llT.
tures, dollvorod. nil charges prepaid to any CCl fl
nlacoonstof tho Kooky Mountains, for only Mv'
Wrlto for freo cataloRUO today and loarn why buro
xtaicncs raauc money wuuo oiuum iubo tuisj.
SURE MATCH INCUI1ATOR COMPANY.
C4a Clay Center, Neb. 1 C4tta Indianapolis, Ind.
complaint among consumers at this
time, woro attributable wholly to these
abnormal cattlo prices."
That In 1903 tho price of cattlo fell
very sharply, chiefly because of a large
increase in tho supply. Tho numbor
of cattlo killed in fivo leading western
markets during tho first half of 1903
was moro than 15 per cent greater than
during tho first half of 1902, and on
account of the increased sizo of cattlo
tho quantity of beef produced increased
22 per cent.
In tho second half of 1903 the quanti
ty of beef derived from cattlo killed at
tho samo markets was about 10 per
cent greater than in tho corresponding
period of.1902. Under these conditions
the price of beef, instead of remaining
at the high level of 1902, fell during
1903 by a larger absolute amount and
by about the same percentage as the
price of cattle.
That the six leading packing com
panies especially discussed are appar
ently not over-capitalized.
That tho percentage of profit on the
gross volumo of business, including
hog and sheep products and other min
or commodities is comparatively small.
In tho case of Swift & Co., during the
three years 1902, 1903 and 1904 the pro
fits nave in no case exceeded 2 per
cent of the total" salea.
In the case of the Cudahy Packing
company for 1904 the net profit was 1.8
per cent of the total sales; in 1902 it
was 2.3 per cent.
That the profit of private car lines
in the packing industry on mileage 13
a very liberal one opiroximatn com
putations indicating a net return of
from 14 per cent to about 17 per cent,
Reckoning on the basis of dressed beef
transported, however, this profit would
add but little to the cost of such beef
to the consumer, the net profit from
mileage of private cars being com
puted atnot moro than 4 cents per
hundred pounds of beef, or, say 25
cents per head of cattle.
The statement already made that tho
six large concerns mentioned slaugh
tered in 1903 only about 45 per cent o
the total cattle killed in that year In
dicates very clearly the existence of
active competition by other concerns
at least in many places.
In order to make certain of the ac-
VOtTcan
a wear a
lino diamond.
very easy to do
T.OVTIH 8Y8TK1K
xnokoa It very easy to do
bo. Bend for our 100 Cata
logue end m&ko a Detection
from tho thousands of bountiful
Piece In Diamonds. Watches,
anil Jewelry luusiraioa. wo
send your selection subject to
approval, and yoa aro under no
ouiiitAUonn to Day unieosyoa wisn
to do no. Wo also pay all express
UlMMvl W ,UUIU 4D 11V VAIU(U1U
whatever to yon. If you like what wo
goad and want to keep it.you may do
no by poylnir ono-flfth of tho
prico. The balonco you may i
to as In eight equal monthly pay
mcntA, Any honcnt person's credit
IVE1
is aood on our oasr Daymen t nlan.
we givoa written ana signcii iruar
lantoo with every diamond, attest
ing Its quality and value. We aro
tholarRCstrotaileni of diamonds in
tho world, and tho only Diamond
Outturn In tho world olllntr at ro-
ND tall. Our goods (lUAMONDH,
wffci WATCH EH anil JKWKMlY)
fcWin J Pitrrled air tho honorfl at tho H&lnt
I HEART Louis Exposition, and woro ulvcn
rtho highest award-tho GOLD MED A I- Please
wrlto to-day for Catalogue rJatufactloa
absolutely guaranteed.
Loftis Bros. & Co.)
Diamond Merchants,
Jewelers and Opticians.
Dept' C69,92to98 State St., Chicago, III
O no Month' mFreoTHalOf fen
Our 1BOB
Model Buggy
"ttB23Kx3
tilt prices to avarybody
The top notch of vehlcU conttrae-
tlon st the bottom pries.
HODKIi ItarcUs com
Nino sieginc, durability
na comiotv Kveryptrl
limsnUed? years.
JL'HT OUT Our 100J
eataloras Quotes whols-
writa now Toe sosci
Carriage sad llsrneis Co., 209 VT Blilh St., Cincinnati, O.
CTHRKFRUITBOOK
I JV shows In NATURAL COLORS and
JPftll" accui
mMr frait.
wMFWavrantmoi
accurately describes 210 varieties of
ilr.. Rnnrl for nur terms of distribution.
wantmoresalesmen. StarkBro's, Louisiana, Ho.
HAVE YOU GOT A DOLLAR
25 Crafted Apple Trees for 91 Other Hardy TreoS
28 Budded Peach Trees for SI and vines very cheap. A
eoConcordGrapeVlneaforSI due bill cood for 25c and
catalog free. Write for It. We pay freight on flO.OO orders.
fairbury NURSERIES, Box u, rairoury, nsa.
FRUITFUL TREES VW
Million? of Fruit and Forest Trees. Orapos. Straw,
berries. Prlceo right. Freight prepaid. Catalog freo.
GAGE COUNTY NURSERIES. I0X 716, BEATRICE, NEBRASKA
Cnn CA1 C Puro bred Barred Plymouth
run OALiu Rock chickens. None better.
Address, Cottago Poultry Yards, Routo 5,
13oono, Iowa.
$80 A MONTH SAURY frlW&ft
to Introduce Hr Guaranteed Poultry and. Btoek
llemedles. Send for contract : womean business and fur
MflU beet reference.' .R.BimiHCO., X897 BsrUjaeld, in.
That the year 1902, Instead of being
one of exorbitant profits, a3 has been
commonly supposed, was less profitable
than usual.
That the changes in the margin be
tween the prices of cattle and the
prices of beef are in themselves no in
dication whatever of the changes in the
profits of the beef business.
That the margin between the price
of cattle and the price of beef during
the year 1903, instead of being unusu
ally high, as popularly supposed, was
for each half of that year lower than
the margin for any corresponding half
year since 1898, and that the Increase
in the margin for the second half of
1903 over the first half was no greater
than the similar change in other years.
An average margin, covering total
killings of cattle by -most of the pack
ing houses in five leading western mar
kets and sales of beef at twenty-four
cities having a total population of
about ten million persons, was ?2.81 per
hundredweight for January to June,
1902; $2.83 for July to December, 1902;
$2.14 for January to June, 1903; ?2.41
for the second half of 1903, and $2.33
for the first half of 1904.
That conditions in 1902 were abnor
mal, and that cattle prices for 1903 and
1904 cannot fairly be compared with
that year. The great prosperity of the
country from 1899 to 1902 apparently
led to a considerable increase in the
per capita consumption of beef.
"In the face of the strong demand
tho price of cattle was forced to the
MTiMf lovel ever known. Th& hieh
prices of beef, which caused so much
curracy of the results the bureau
adopted a double method of ascertain
lug the profits. It fir3t compiled, from
the detailed records of packing com
panies, exact figures of the quantities,
cost and sales of cattle and all prod
ucts derived from them, and from
these elements computed the profit of
each of tho packers separately and of
all together. This computation was
confined to the Armour, Swift and
Schwarzchild & Sulzberger companies.
Then the figures thus Independently
reached were compared directly with
the bookkeeping profits shown by the
financial statements of the companies.
Following is the result of the com
putation made by the agents of the
bureau from the detailed statistics
mentioned:
During the year from July, 1902, to
June, 1903, these packers slaughtered
at the selected plants 2,017,864 cattle.
The average live weight of these cattle
was 1.092 pounds and the actual aver
age, cost $4.45 per hundredweight, the
CREAM SEPARATOR CDCC
K'w'"aK This is aecnulne" m
oiler made to introduce tne rcopiea
Cream Separator in every ueich
borhood. It is the best aud simplest
in the world. We nsk that you show
it to your neighbors who have cows.
Send your name and the name of
the nearest freicht office. Address
PEOPLES SUPPLY OO.
Dont. 177. KANSAS OITY, UOj
Cancer Cured
WITH SOOTHING, BALMY OILS
Cuncor, Tumor, Catarrh. Fistula, Ulcers. kC' ,
terns, and all Skin and Womb Diseases. Writ
for Illustrated Hook. Bent free. Address
DR. BYE. firo.r.;: Kansas City. Mo.
.DEATH TO HEAVES
U-r- ua
uaaraatccd ..iir?
H wBfffaE9tLi2SJ?& IH '
(nrayyj, liT v o w
HErTTON'SUetTt, Cosgb, DU
Uaper and ladlgettJoa Cars.
A. reterlnary ipclllo for wind,
ihrnat an1 SLnfnarh frnnhl.
iltrimg rteemmtndt. $1.00 per
-. ran. healeri. If all or Kx. paid.
Xaolfowton IZeraedy Ce
Toledo, Ohio.
WooUey,AJLl.,Atl
and Whiskey Iffnblfaf
cured at home without
pain. Dook of particulars
sent FKKR It. 91.
BMt,OaM 103 N.Pryor St.
PATENT SECURED
r FEB returiitd
Vkek opinion as to
patentability. .Send
' ' for Guide Uook and
What to InTent.flnest publications Issued for free dlsirl
button. Patents secured by us advertised at our x
penso.Eratu.Wlkens & Co.,015 JT. St. Washington, D. 0.
o'2J
If You Want a FENCE i
3EE THAT TWIST!!!
That Is mado from tho best High Carbon 8(! Wire.
That is llearllr CalTanlied to prorciit rug tor corrosion,
That lsCOILEUto prorlde for contraction and expansion.
That la Strong Enough to tarn tho most vicious animal,
That Is Wotcb Closelx to turn chickens and small plK,
That staples to the posts as you would nail a board,
That easily adjusts tsolf to all uneven surfaces,
That is woven In such a manner that compels every wlro
to bear Its portion of strain, M
That you can Bny Dlrttt from tho firm that makes it, with
rrtirai rrrpaia w your nearuti. ranrvwuwuuui
That you can examine at your railroad station ana re
turn if It dispJeasos you in any particular,
That you can erect and Dae for Thirty Days, and if unsat
isfactory return at our oxpenso and get your mpnoy,
Wrlto for Kree Catalog clvlne fall Information, Address,
KITSELMAN 110S, BoxaiMUNCIE, INDIANA.
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