PACKERS NET HUGE PROFIT DURING '28
Olds, Leland
Packers Met Huge Profit During '28 Sv.il»v Annouf and Cudahy Resume Old Rate of Profiteering By Leland Olds nnuH annual reports of 3 big meat pacx* en show that the Industry is...
...In the case of each company thai meant a high rate of return on the money actually invested by the owners...
...The whole burning took a little more than an hour...
...the Young Circle League, the' Youth Section of the Fellowship of Reconciliation, the Inter-collegiate Student Council, the Youth Committee for Industrial Cooperation, Pioneer Youth...
...Auspices...
...t) . The old miner who picked out four or five tons of coal a day to aghast ss he sees the production of a mechanical scraper in the -Ruby mine of Alabama By-Products Co...
...The new officers are: Harry Kramer, presitent...
...Don't delay 1 Delay may be fatal...
...Branch...
...When I went to work bare to 1SJ0 you had to be a practical miners said an old eoaf digger, "and you got out...
...297 South 5th street...
...This is quoted as a return of 11.12 a share on the 2,000.000 shares of Class A common stock after payment of $9,080,105 in preferred dividends...
...Hy Kaplan...
...Some of the best miners would not be hired at any price- They were blacklisted by the hundreds after the 1930-21 strike...
...Harold Goldstein and Harold Dundy...
...20, 11:00 a. m., Ethelred Brown, "The Negro of Today...
...treasurer, Sidney Granovctter...
...U. S.Steal Runs Coal Mines Like Factortes BTRafXNOHAJSV Ata^fjm—O...
...A Good Woman," by George Middle ton...
...a4hle?l^u^torm" galnt...
...Although the huge concern has assets totaling 8347,606,724 with capital stock or "1150,000,000 par value the Federal Trade Commission, in a report published in 1830...
...The circle will henceforth be known as "Debs Junior Circle 6." Entertainment and Dance Jan...
...Savoy Mansion, 63rd street xamd 20th avenue...
...for their job is to be host to the Out-of-towners at this coming convention...
...r * The, raraeiit capitalisation of Armour & Co...
...8:30 p. m, August Ctaetaena, These United States...
...secretary, Belle Flnkebtetn...
...Speakers will be in order during appropriate hours...
...Tremont Educational Forum, 4215 Third avenue, near Tremont avenue...
...Aleicnem...
...Conference Committee report by Secretary...
...25, 8:30 p. m., J. L. Afros, "Socialist Definitions...
...Zbitlovsky, subject to be announced...
...25, 8:30 p. m., Henry Jager, "The Road to Happiness...
...however, represents chiefly capitalised surplus profit...
...BROOKLYN Friday, Jan...
...seating of delegates...
...Bern again the Federal Trade Commission uncovered an extraordinary history of profits made on a very small actual Investment by the ownera...
...Modem mining began in this far south field in 1906 when the Montevvtlo 0~1 Co...
...In Memory of Debs The Junior Circle 6, meeting at 88 Grafton St., Bklyn., has changed its name from "East Flatbush" to that of the great Socialist leader—Eugene Victor Debs...
...j^'V r* - McCallum was thought to autas ease the Negro who struck a wb^ta saaa an the Crjrde-Battiesburg roeeVf After the lynching was over, it was dtooovered that McCallum bad not been In the fight at aa...
...the Director of the YCL, 175 E. Bwsy, N. Y. City...
...By Kaplan and Jack Zukerman argued the affirmative and Ben Kabakow and Herman Brown the negative...
...Rochester, New York R. M. Briggs...
...secret...
...The burning took place In a drizzling rain, so that gasoline was sometimes necessary to keep the fire alive...
...Profits of Armour & Co...
...They could see the fire and a mob of 2,500 whites gathered at the orgy, as they approached by auto through the night...
...liachhjg of Charles Shepherd to the same state within a tew days of the McCallum "mistake" have a gruesome story to tell...
...original investment of $160,000...
...297 Seuth 5th street...
...4-14th A. D. Branch...
...Agnes Dalian has now been replaced by Comrade I. L. Adamson...
...The club has elected new officers: President, Jack T. Zukerman...
...The 1S38 profit represents a return of about 17.2% on the money actually Invested by the owners...
...Reporters who "covered" tbjs...
...Bat this understates the actual rate at return on money invested by the owners...
...Common stockholders got a return of $4.68 on each $50 share of 9.36% on the present par value ofathe outstanding stock...
...It had been formed this last summer...
...the business has earned $17$,270,000 to 1818, of which $29,866,000 has been paid out to partners and stockholders, the balance being invested In the business and constituting the preponderating- proportion of the $173,092,000 of stockholders equity...
...Auspices, Soetanst Party, 9-16th A. D. Branch...
...introduced the longwall system...
...Friday, Jan...
...Friday, Jan...
...6, 1939...
...One fellow came fee ward with gasoltos...
...His screams were like these of a panther and chilled your pine...
...8wift stockholders have taken profits totaling about S334.888.S00- or 375% on their investment, ap average annual return of more than 18% on the average investment during the peeled...
...Now and then some one would step forward and threw a little more gasoline on the blase...
...The victim was chained to a pile of logs and burned slowly, he said...
...7th A D. Branch...
...Subject to be announced...
...vicepresident...
...Fewer Over Farmers Shewn...
...As delegates to the Central Committee, Hy Kaplan and Jack Rubenstein were re-elected...
...The field is dominated by the Tennessee Coal, Iron & R. R. Co., U. a Steel's subsidiary, and other steel companies who together produce 40 per cent of Alabama's coal...
...They debt ease about lump coal any more—It's burned in an iron furnace...
...The next morning only the charred head and torso of Charley Shepherd were left in the midst of a pile "of ashes.'' Slight editorial mention was made in the Memphis Press-8c 1ml tar on the ghoulish crime, despite the presence of their reporters at the lynching...
...The acceptance by the council of the report is a foregone conclusion...
...Alexander Flchandler...
...Bet earnings for 1038 before the deduction of depreciation and Interest totaled $80,593,730, a gain of more than tlB.OOOjXK) over the previous year...
...Elsie Jacobean, vice-president...
...431ft -Third avenue, near Tremont avenue...
...The moment the man stopped screaming and died, the mob rushed forward for souvenirs...
...But the Federal Trade Commission found that the actual money investment of the owners in preferred and common stock with a par value of $29,800,000 amounted to $7.223,000...
...Parading its virtues on the commons And hiding its sins and vices behind Blinds.— I'Jchael Arcore...
...Brooklyn, and on the first and third Fridays, social meetings are held at homes of the members...
...We could hear the screams of the man a half-mile away," they said...
...J. L. Afros was the judge...
...Brooklyn: Abe Belsky spoke on "Workers in American History," an address that pleased the members tremendously...
...Ten white bastards!' "At this point a man with a knife came fva'waid and cut off the Negro's ears, proudly displaying them later in the evening at a filling station in Drew, Miss...
...reports of Circles by cities: election ' of Cormnittee^-on Organization and FinEp'ee (five}Lelectibaof Committee on Respntitonsi (three...
...Even where natural conditions are adverse to machine operation the new processes are often installed because experienced miners are not te be had at the wages paid...
...Circle Six, Manhattan: Lillian Kaplan, the Educational Director of the Y. P. S. L. of Greater New York, who is a member of this unit, has been chosen as the Newark visitor...
...Circle 8 to Debate The^olly" Circle 2, meeting at 190 McKlbben street, BkJyn., to preparing to meet the challenge of Int...
...Tomorrow the group Will have an Installation Dinner to its newly elected officers...
...The finest testimonial to the progress that this circle has made is the fact that although the group had been conceived in August, 1928, the comrades of Newark had been entrusted with the care of the Interstate Conference...
...Friday...
...604 Sutter avenue...
...Plans are also under way for a banquet...
...186 and Beck Striata...
...The mob made a misters This b the report of a grand jury which examined eg witnesses to the lynching tart yet declared that it could obtain ao evidence as to the erlmineat...
...The balance was built up from reinvested surplus profits The 1928 return on the entire investment of the owners in both the common and preferred issues figures st about 38...
...Friday, Jan...
...8. StaStte leadtogta iiibsisa to tmslbg methods that b ohans^ She^eoal ate Wytan Mine No...
...Shoe Workers Take/Pay Cut MANCHESTER, N. H.—FP)—A 10-13 per cent pay slash "was dealt out to the workers of the F. M. Hoyt Shoe Company...
...Auspices, Socialist Party...
...They are Alice Cohen and Jack Altman...
...Links of the chains with which the Negro had been bound, pieces of his charred bones, one of his feet, parts of his fingers were grabbed...
...Armour mm Cudahy took 1928 profitsSo a combined total of more than $55,000,000 leaving (28,706.936 for stockholders after heavy deductions for depreciation and bond interest...
...PUBLIC OWNERSHIP TO END EXPLOITATION DAVENPORT, la.—(FP)—The water committee- of the Davenport city council has rejected the petition of the Davenport Water Co...
...The Eldest'' by Edna Ferber, and "Just Around the Corner," by Raymond Knight...
...The Jolly Circle is coed...
...Comrade Rautenen has submitted 45 new application cards and as- many dues stamps for one month...
...The organizations which will have fraternal representation are the Junior Young People's Socialist League, the Young Poale Zion...
...py sholem...
...some unknown original cash investment...
...Emptors *°Prtd»yPJanf' 1? &30 >• m, t»£-i^n R. Lead...
...3rd A.*D...
...Preparations are in progress for a remarkable demonstration...
...all you got to do to to Shovel, and Tots of that...
...way slowly ate tap Negrio's body...
...Labor Lyceum, Mercer street, Trenton, New Jersey...
...The burning was the most sickening sight I ever hope to see," said T. E. D. Welty, of the Memphis Press-Scimitar...
...Williamsburg Mansion...
...Circfe Six...
...Young Circle News [The Young Circle clubs have been formed by the Workmen's Circle to provide children of its members an opportunity for social and intellectual contacts in an atmosphere sympathetic to the ideals of the labor movement...
...Umansky', N. Y...
...The convicts, shoveling to a line against the long exposed coal face, could be kept under constant observation and speeded up more effectively than when they were isolated in separate working places...
...New York, N. Y. Circle Five, Manhattan: The Finnish Circle in Harlem has returned to the fold of live circles...
...Sunday, Jan...
...In each-ease the bulk of the present capitalisation rests on excess profits accumulated at the expense of farmers and i iiiiiiua—ri - Swift * Co...
...The report of the circle activity should be interesting, and instructive...
...Nat.^H^sh...
...Packers Met Huge Profit During '28 Sv.il»v Annouf and Cudahy Resume Old Rate of Profiteering By Leland Olds nnuH annual reports of 3 big meat pacx* en show that the Industry is again swinging back into the profiteering stride which made it notorious over the greater part of the last half century...
...25, 8:30 p. m., Louis WaMman, "Crime and Society...
...Sunday, Jan...
...EsUi<-r Ltehtinan...
...After deducting 88,535,823 for depreciation and 810.730,482 for bond interest there remained a profit of $11,326,425 for Armour stockholders...
...But with all the changes the money investment behind the common stock, exclusive of reinvested profits, remains at lust over 110,000,000...
...NEW JERSEY Monday, Jan...
...Several plays are being produced by the circle, among them "Liars...
...Auspices, Socialist Party, Brighton Beach Branch...
...This will straighten you ant, you Mack sen of a bttcfa!' "The are ate off tab tags, and the Begin, a wonderful physical specimen, raised to a Sitting position and spit In the faces, of several of the mob, crying...
...Comrade Susan Lawrence M. P., VicePresident of the Labor Party and Dorothy Jewson, representative of the Independent Labor Party, remain members of the International Committee of Women...
...shows that the owners actually put less than 186,233,000 into'the hm inert...
...225 Brighton Beach Avenue...
...Auspices, 4-14th A. D. Branch...
...Solomon spoke briefly, lauded the YCL and gave special mention to Sol Okun of the Arc Circle...
...held its elections on Sunday, Jan...
...executive committee...
...Jack Rubensteln...
...Newark, New termer The Yipsels in Newark are agog with intense work...
...Friday...
...are no less striking...
...Circle One, Bronx: Circle one has elected Winston Dancls to.report tor it to the delegates at Newark...
...The Flatbush club meets every second, third, and fifth Friday st the club rooms, 3510 Church avenue...
...Circle 3 (The "Flllals") of Brownsville...
...Brownsville Labor Lyceum, 219 Sackman street...
...This system is not Invariably found In me^nanized mines but It was peculiarly suited to the Montevallo mine where convicts-did the work tin test Jury...
...The man was alive and screaming 40 minues of that time...
...Speed-up methods and new machinery have displaced many workers in the last 12 months...
...London—A change has been made in the representation of the British Labor Party on the International Socialist Women's Comittee...
...This affair is held far the purpose of raising funds to pay for the maintenance of a consumptive and destitute member of the YCL...
...12, st the Rand School, resulted in a draw...
...Alabama operators admit that . they have not yet mechanize* so large a proportion of their mines as have the company managers in Drtooto, western Pennsylvania and West Virginia but they are rushing efficiency changes now...
...27th, at the Rand School, 7 E. 15th St...
...For the beginning of February a debate Is being scheduled between the Alumni and Varsity Debating Teams of New York University to be held at the club rooms...
...We appeal to an sympathizers to help make this event a financial success...
...Brownsville Labor Lyceum, 319 Sacaanaa street, llance...
...Auspices, Labor Lyceum and Socialist Party, 23rd A. D. Branch...
...la- a 9-how shift a crew of four, assisted by a shot flrer and timberman, loads 10* to 130 tons...
...membership drives...
...Why Marriage Falto-'^^Marttoique Mansion...
...These figures reflect Jthe tremendous power these giants wield over the sale of the farmer's product...
...The matters to be 1 considered are: Election ef District Organization Committee of five 1 ho more than two from any one city): advisability and practlbility of Field Organizers: effective literature distribution...
...whence funds...
...Molders, sheet metal workers and pattern makersare also out, but their International unions are still paying strike benefits, while mounters' funds are exhausted, the Central Trades and Labor Council was told...
...and $ST725,000 of cash receive* for preferred stock in 1918...
...The New Leader Many members are taking advantage of the special subscription offer extended by the "New Leader" to members of the YCL...
...Boro Park Labor Lyceum, 42nd street and 14th avenue...
...Branch...
...the Kansas City Investment of $10,125,000 in 1900 which was largely property built on...
...SENIOR CIRCLE 8 WINS DEBATE The Flatbush Seniors soared a victory over Circle 10 Amlkos in a debate on "A Uniform Federal Marriage and Divorce Law," test Sunday, at the Bronx Center...
...election of Committee,on-Education (three...
...THE FLATBUSH SENIORS The Flatbush Circle, oldest existing Senior club of the Y. C. L., is as busy as ever...
...Circle Two, Brooklyn: Circle Two, with twenty-seven members, is entitled to two delegates to the conference...
...LIBERTY Liberty , Is a mite-long list Of donts and do-nots Neatly bound in countless volumes That gather the dust In musty libraries...
...The Junior Dramatic Can test The Junior Dramatic Contest, held last Saturday, Jan...
...Those wishing to subscribe are asked to communicate with...
...awsawsawawsawaw Scatter Orate 8 Eteetlsas "Lea Amis" Club of Wmsbg...
...It gives the stockholders a return of $9.87 on each share now held...
...Ausoices, 2nd and -22nd A D. Branches, Socialist Party...
...8:45 p.' m., August Claessens, "Motives in Human Behavior—Study of Incentives...
...w-aVswek, New "Jersey Comrade Sutton, State Organizer of New jersey, spoke to the New Brunswick Circle on the Relationship and Importance of Youth to the Socialist Movement...
...Comrade EaRue is the financial secretary and intends to maintain a consistent good-standing membership...
...The organiser of the group, Oscar Lawrence, was elected to represent New Brunswick at the Conference...
...38, 8:30 p. m. Dr...
...The union recently secured a 2 to 3c hourly raise for its members on the Richmond Fredericksburg Sc Potomac, making the new average 71.7c an hour...
...Brought down to date fhe federal Trade Commission figures shew that since 1896...
...etean lump coal for the'»3suw#tetrade,\Kow...
...Circle Six, one of the largest in the New York League, will have two delegates to Newark, Senitzer, and Belsky...
...A 3c raise was won from "the Central Railroad of New Jersey and a 2c raise on the Denver Union Terminal where the new rate is 71c an hour except for third trick operators who are raised to 66Vic an hour...
...It says: "Starting 80 years ago with a capital of $180,800...
...Cudahy profits for 1928 amounted to $6,112,038 out of which the stockholders' share after depreciation and interest amounted to $2,567,328...
...fsbnon Berlin...
...locked out for more than a year, union men of Stove Mounters Local-28 are still fighting for union recognition at the Richardson & Boynton Co...
...Thus the total stockholders' contributions in cash or property did not exceed 114,000,000 in 50 years, and probably were less...
...The Chicago terminal of the Baltimore & Ohio conceded a 3c raise...
...The actual contributions of the stockholders were united to the...
...Williamsburg Mansion...
...27 Members of the League are urged to get busy selling tickets in the remaining week before the Entertainment and Dance to be held Sunday, Jan...
...The 1928 profit means a return of at least 22% on this investment...
...18, 8:30 p. m, Henry Jager, "Machine—Blessing or Menace...
...McCALLUM...
...Even charred bits of legs were taken...
...His life depends very largely on whether he can be given further the care which he needs...
...The circle, as usual, is still invincible in basketball...
...Tremont Educational Forum...
...S. J. Slotion presided...
...Since 1919' there have been various changes in the capitalization including the sputting of each share of 1100 par common stock into 2 shtres of Class A and 3 shares of lass B stock of $25 par...
...17% ef Investment Made...
...The debating squad is working upon the subject: "Resolved that a uniform marriage and divorce law be passed," and is...
...Stttee^LewWebtein...
...Auspices, Workmens' Circle and Socialist Party Branches of Ben mm hurst...
...Limited facilities necessitated the invitation of one representative from each circle instead of all Yipsels as had formerly been arranged...
...mechanic Is ^ helper, lynched by a white mob near Hattiesburg...
...reports a 1928 net of $14, 813,183 after deducting depreciation and interest- This is $2,610,689 ahead of the 1837 profit total...
...8, esse of vita* corporatioa-B roost modern prorjerttat, the' east is brooght to the surface byi half rnOe of conveyor belts...
...The scraper operates in an 88-foot room, scooping up 1,500 pounds of coal at a time, and heaping up a two-ton car in three scoops...
...who has been most active in Rochester Yipseldom, will be the delegate from that city...
...My Impressions of Russia...
...threw it em the leg, saying...
...8:30 p. ul, Dr...
...The Are ate fte...
...Those kept on were told they would earn more., Ctaessmil' "The Important Hawea^jai ol the Week" Ataoi^toTBj^PrcgTSjs^W S^mh jL D. Branch^ - ' BRONX ¦-¦v.- '""-KK'sAfti Frklay...
...Friday, Jan...
...Swin...
...The judges Charles Solomon, Emil Bromberg and J. L. Afros —could net agree on a winner...
...Friday, Jan...
...LOUIS—(FP)—The Order of Railroad Telegraphers enrolled 419 new members in November...
...TELEGRAPHERS ENROL 419 NEW MEMBERS ST...
...Stove Molders Stick It Out...
...Auspices, Socialist Party...
...planning to begin work an several other subjects in preparation for the League Tournament...
...Mtasn wasn't the Negro sought...
...for an increase of rates, refused the company's offeror a compromise rate, and will present to the council its recommendation for a municipally owned plant...
...The ages of the boys are 16-18, that of the girls 15-17...
...His x%ht leff ?aWcb0£ when the flames licked his calf and be begged members of the aaob to straighten the leg, saying it hurt htm...
...Organisation Education Solidarity FREE YOUTH Young resale's Socialist League 21 Essex Street, JACK WASSERMAN EDITOR Published Every Week By Hie New Lender for the Young Peoples Socialist League The Inter-state Conference - The tentative order of business for the Inter-state Conference to be held in Newark, February 2 and 3 follows: Opening, temporary Chairman Switkes, N. E. C...
...20, 8:30 p. m., Henry Jager...
...Soetanst Party, 3rd AD...
...8:80 p. m., Louis P. Goldberg, "The Injunction—Its Effects on Capital and Labor...
...8:30 p. m_ Dr...
...The good Educational programs that characterize the meetings of this Harlem orrcle are continued at tomorrow's meeting, with Jack Scher on the subject of Unemployment and the Printing Trades...
...Social Problems and Modern Literature...
...Horrors of the Lynching Bee MANUEL...
...The gross sales of these 3 companies for 1938 totaled over $2,000,000,000, the totals being Swift $970,000,000, Armour $900,000,000 and Cudahy $251,000,000...
...Martinque Mansion, 156 and Beck streets...
...The meetings are held Sundays at 3 p. m. Abe Schneider, social director, reports that a play is being rehearsed for presentation at the League's Entertainment and Dance to be held in the Rand School on Jan...
...BOSTON Staid, prim, tight-laced, patterned...
Vol. 8 • January 1929 • No. 1
