The Bismarck Tribune Newspaper, June 14, 1937, Page 4

NOTALWAYS MAKE ; IMMENSE PROFITS Conditions Much Different Than Commonly Supposed, Sur- vey Discloses New York, June 14—(7)—The idea that big business always makes im- mense profits was contradicted Mon- day by the 20th Century fund. A corps of economists who studied the question for two years reported conditions much different from those commonly supposed. 5 Even during the heyday of the “trusts” in the early 1900s, the re- port said. big corporations did sot live up to their reputations of in- fallibly piling up vast returns at lightning speed. Some “trusts” did make “excep- tionally” rich profits for their in- vestors, the study showed, but “the majority” of 93 corporations—formed before 1904, each with $10,000,000 or more capital—analyzed were “not... profitable for investors in their com- mon stocks,” over a 10-year period. The report came from a group which is better known for its dis- agreement with than for its ap- proval of big business methods. The 20th Century fund was founded by Edward Filene—New England shoe merchant who advocates co-opera- tives—for the purpose of studying and advancing “the next steps forward in the social and economic life of the people.” The trustees gave a free hand to the project’s research economists, who began the business profits study with an inquiry into 93 “trusts” representative of the 1900-1914 era. ‘They found the common stocks of the 93 averaged only 43 per cent up to 1914; 24 of the 93 paid no divi- dends at all; only 16 paid as much as 7 per cent; and only 22 paid as much as could have been obtained from industrial bonds at the time, 5 per cent. But the gains to stockholders in the successful companies were 60 great that an investment evenly spread over all 93 would have been highly profitable. HOTEL STRIKE ENDS Rochester, Minn. June 14.—(P)— Striking employes at.the Kahler hotel were back at work Monday, follow- ing settlement of the disagreement when 10 striking workers were re- instated, Gi pers bury their eggs four or five inches in the soil, and they not killed by freezing tempera- tures, as most insects’ eggs are. _—_—=—=——— Veal Stew, Ib. ........10c Fresh Hamburger, 2 Ibs. 25c Pork en... 1 5c Radishes, 3 bunches ....5c Cucumbers, 3 for ere, 2 FOF... -- 10 Ripe Tomatoes, 2 Ibs. . .25¢ Sugar, 10 Ib. cloth bag _5ic Pork SI 2 Ibs... .25¢ _] Small Wieners, Ib. .... .20€ EMPEL’ Mid-Week Specials Granulated y MARJORIE NEWHOUSE BETTY GEESAMAN ROSEN RODNEY LAUDER Regional winners of oratorical contests sponsored by the grand lodge of North Dakota Masons will compete in Fargo Tuesday night for state honors. Bismarck’s representative is Gerald Rosen. Holte is from Aneta; Lauder, Bisbee; Miss Newhouse, Wildrose; Miss Geesaman, Belfield; Miss Pate, ALUMNI OF N.D. A.C, WILL CONFER HERE Expected to Discuss Matter of Successor to President Shepherd's Post J. D, Harris, chairman of the board of administration, said a committee of alumni of the North Dakota Agri- cultural college was expected to con- fer with members of the board at a regular meeting opening Monday. Harris said he did not know whether the meeting would be Monday after- noon or Tuesday but that the con- ference would relate to the setup un- Prunes .......... Amends Fresh and Tasty Orange Slices ... Van Camp’s Evaporated ° were recs eveces rr Golden Cup, Rich Blended COFFEE Fruit Nectar .. 2 Mock, Seasoned Just Right Chicken Legs TWO STORES mittee also expected to discuss ap- pointment of a successor to Dr. J. H. Shepperd, who resigned as president of the college “as soon as a suitable” successor is named. Harris did not comment on the meeting which he said had been ar- tanged by heads of the agricultural college alumni group, He asserted he did not know of any other organiza- tion heads who plan to meet with the board relative to the appointment, Baruch Declares U. S. Should Cut Activities Schenectady, N. Y., June 14—(F)}— Bernard M. Baruch, in the commen- cement address Monday college, said government, fine its regulatory efforts to times BES ‘booms and panics—which he charac- tories es s ynepenemnys areas” and “not regulate everything.’ The New York financier was named of Union + eat 27c 2 “au 25¢ . Alb. package 32c -- CANDY SALE- - Serer Roasted Peanuts ..... Ib. 15c Peaches ............ No. 2}can Me marvelous eae. 23C suds 430,000 CASH = 50 VU GE SEEN SORTA 996, Pound pkg. ...... 2 pound pkg. .....49¢ 4oz. Bottles 25c MEAT DEPARTMENT TUESDAY and WEDNESDAY | ion Tgonceee Beef Steaks ......;. Ib. 20c TO SERVE YOU 469 506 Breadway—Phene 746 $2.00 ORDERS DELIVERED FREE RED OWL FOOD STORES CAROL VEACH CASE WILL: BE REOPENED Board of Administration Will Continue Investigations at State Hospital Investigation of the case of Carol Veach, 18, inmate ta the state hos- pital for the insane, Jamestown, who has a fractured jaw, will be reopened, C. A. Miller, head of the state bureau ident Mon. starting Wednesday. Also to be studied at that time will tion conducted to determine cause of the injuries, In the Philippine islands, the sum- oe and HEAD FOR MORE HAIR THE BISMARCK TRIBUNE, MONDAY, JUNE 14, 1937 Compete for Oratorical Honors MARS. ML A. HILDRETH OF FARGO SUCCUMBS One of State’s Outstanding Women Had Been Resi- dent Since 1889 ) N. D, June 14—()—Mrs. Fargo, M. A. Hildreth, resident of Pargo 48 years, died here at 9:20 p. m,, Sunday following a nine months’ illness. Fue neral arrangements are pending. Mrs. Hildreth was one of the state’ best informed women, active in Soy] eric Biffar of Evanston, Il. Well. Warning Issu By N. D. Health supply, it should not be used for drinking ‘unless boiled or effectively Heavy rains may easily wash con- tamination into the supply she said in explaining how wells might become polluted after staying pure during several drought years when there was little surface seepage. Sterilizing the well by adding two ounces of chloride of lime with 50 per cent available chlorine per 1,000 gallons of water is only a temporary Mrs. Ina Grimson of ‘The balloon sail sloop Yankee epee ota aor trophy against the B: - Rugby Has High Post The Alssema . D, service; Buehler of Mott, outer observer; Jane ‘Wataon of Mandan, organist, and Peggy Parsons of Mandan, choir di- What this exira j wovemsre, 1930... Double-Mellow OLD GOLDS were first to use a Cello- ie earn 8 ee Pe ahtattiat good idea— but not that all other too. A enough, ocrossr, 1935 ... 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