Casper Daily Tribune Newspaper, April 16, 1919, Page 11

WEDNESDAY, APRIL 16, 1919 ; ee TO STOCKM THE CASPER DAILY TRIBUNE Read this. It is important to you. If thig message were printed on a $5,000 bill, it could scarcely be more valuable to you than the message which it contains. The farmer works and worries to raise cattle, sheep and hcegs. They sell them just at the stage of manipulation where hard work ceases and big profits begin, but the farmer does not get these big profits. The farmer is a producer and is deaiing in raw material. It’s an immutable law of economics that raw material must be produced in large volume, but small profits. The packer is a manufacturer. He takes the raw material, cattle, hogs, and sheep, and their by-products and with mechanical precision turns them into the finished product at a profit of from ten to twenty times the producer’s earnings. The live stock producer, if he is to obtain a fair financial return for the part he plays, must find an agency thru which he will realize a part of the larger profit derived by the man- ufactyrer and that is the packer. EN AND FAR / OF THE MIDDLE WEST : You. are invited to become a manufacturer, to participate in every profit of the cattle, hog and sheep business until the finished product reaches the consumer. There are no stock jobbing features included in the Skinner Packing Company plans. It’s a business enterprise, organized by business men along business lines, which should and does appeal to business men, farmers, bankers and cattlemen, who, thru long years of work and effort, have come to know how inadequate have been the returns allowed the livestock producers. In offering its stock, the Skinner Packing Company presents no new or untried plan. We want you to know what our plans are; they mean big things and greater things for the farmer and the investor. We want the producers with us. We ask you to join us in gaining what is legitimately yours ,the larger profits of the packing business. PAGE ELEVEN _ c, REL Seen THE MEN BEHIND THE SKINNER PACKING COMPANY Paul F. Skinner and Lloyd M. Skinner have built up and operate the Skinner Packing Company, Omaha’s larg- est produce dealers, and Omaha’s Daylight Snowhite In- dependent Packing Plant, now under construction, which, when completed, will be the most modern and efficient packing plant in the United States. They have also established the Skinner Manufactur- ing Company, the world’s largest manufacturers and dis- tributors of macaroni products and the Skinner Baking Com- pany, one of the modern wholesale bakeries in this territory. These Companies have combined assets of over seven j | basis, with the assurance that they are purchasing seasoned securities cf an established business and are not simply participating in a business venture and the important part to keep in mind is that after this issue is closed on the Packing House stock, never again will a fully participating stock be offered by this Company. If any stock is sold in the future, it will be a 6% or 7% stock, depending on the money market at the time. This is your opportunity to secure a ground floor investment in a business that has the most won- derful possibilities of any company ever organized in the Middle West. million. The securities of these companies are all on a stable basis and have never passed a dividend. NO IN- VESTOR HAS EVER LOST A DOLLAR, NEITHER INTER- EST OR PRINCIPAL THROUGH AN INVESTMENT MADE IN THEM. Stockholders in these companies now number over four thousand conservative investors, whom the man- agement count as a real asset. The policy of the man- agement of these companies is to offer to investors from time to time the securities of these different companies, as the companies require capital for expension. Investors are invited to join the present stockholders on a participating PRL | ¥ # 8 JULES H. ROSENBAUM . ROBERT GILMORE PAUL F. SKINNER D. C. ROBERTSON LLOYD M. SKINNER CHARLES F. KAMRATH President of i Packing Manager, Produce Department Secretary of the Skinner Packing Chairman of Board, Skinner Pack- Treasurer of the Skinner Packing Company, of the Skipney Feckin®: Vice-President and Manager Skin- Skinne, Packing Company, 1116. Co™Pany, alto Secretary of the ing Company, also President of the Company, formerly prominent Treasurer of the Skinner Manu- ner Packing Company. Twenty: qyy J : : : Skinner Manufacturing Company, banker of Wisconsin and Cashier facturing Company, the world’s 4 a sates RG Skinner Manufacturing Company, leat five years experience in Packing e 1118 Douglas Street. Has been in Id’s Ia AeA the’ world’s largest distributors and of the Farmers Savings & Trust [largest distributors and manufac: : : ns 3 meg, the World's largest distributors and manufacturers of Macaroni Compary of Marinette and Chair- president nad Treasure, Slinner poe Maesteg are i the produce business all his bus- and manufacturers of Macaroni products. Presideni, Skinner Bak- man of County Liberty Loan Com- faking Company, wholesale bake °°" t plant, iness life and successful. : Products. ing Company, wholesale bakers. mittee. ers. Fekane, We: The Outstanding Features of the Skinner Plant Are as Follows: duction. Red matt face brick exterior with pilaster and panel effect and white enamel terra cotta trim and coping. Killing floor and food producing depart- ments will be finished with white enamel brick and quary tile. Located on our forty-acre tract outside of the con- gested South Side adjoining the Union Stock Yards to the south. Union Pacific, Rock Island and Union Stock Yards raiiroad and driving chute connections. Six-foot sewer running through our pri rity connect- ing with the sixteen foot South Side trunk sewer. Plant occupies over cleven acres of fleor space. space for four million peunds of cured meats on the ground floor. This is pronounced by packing house men as a distinctive feature and very desirable. Enclosed concrete and brick refrigerated car loading docks for sixteen refrigerator cars with overhead car annoyance. All departments are logically arranged to icing facilities. The finest wagon and auto truck load- 6. secure maximum efficiency at a minimum operating ing dock and court in the United States. cost. 4. Large steel tanks in cold storage for carrying lard in 2. The sub-basement cold storage—the only one in the bulk from a period of large production to a period of United States. The high level of our building site above small production and large demand. the South Side drainage system made this possible, re- 5. Beautiful monotone exterior design, most modern and quiring very little refrigeration and providing storage appropriate for industrial plants engaged in food pro- GREAT OPPORTUNITY FOR BIG PROFITS--READ THESE FACTS: Wilson & Co.’s published statement for 1918 shows that they earned a net profit on Chicago, March 15th, 1919. their $20,000,000 common stock, after preferred dividends were taken care of, equal to The fellowing is from the report of the Federal Trad 3rd, 1918, page 44: ‘Which w u H $34.49 per share, compared with an earning of $32.52 per share in 1917. ing indusiry dated July . 1. A most complete modern packing house under one roof without the familiar “stock yards odor.” Sanitary and fire-proof construction throughout, equipped to con- dense and burn all obnoxious vapors and gases. Could 3% be placed in the downtown district without objection or yn on the me: to produce tor the five Wilson & Co. in their statement carry the good-will of the old Sulsberger & Sons Co. companies 2 total profit of $96,182,000; measured by the net worth of the combined corpora- % | at over $11,060,000, or an amount representing practically $1,000,000 more than their pre- tions (capital stock plus surplus,) they averaged, in 1917, 21.6 per cent.; m & ferred stock issue. capital stock outstanding, as an indication of the dividend possibilities, THE Q The bankers who organized Wilson & Co. for the great majority of the $20,000,000 common stock of the company, paid the company less than $5 per share. According to the report of the United States Federal Trades Commission, some 3$6,- 000,000 common stock of Wilson & Co. which was handled by Kuhn Loeb & Co., Guarantee Trust Co., Chase National Bank, New York, and other bankers, only net Wilson & Co. $3.64 per share. In other words, when Wilson & Co. was financed by leading bankers of this country about four years ago, the corporation of Wilson & Co. had to show as actual capital with which: to earn dividends on over $10,000,000 of preferred stock and $20,000,000 common stock, as near as can be figured out by the Federal Trades Commission report, something like $1,- 000,000, however, with the aid of borrowed money for which they paid the regular rate of interest in 1917, they were able to earn, after taking care of all other obligations, including interest on their preferred, $32.52 per share on their common stock and in 1918 the company earned $34.49 per share on their common stock. Statement in regard to the cost of financing Wilson & Co, can be verified by consulting Document No. 1297, Part 2, Report of the Federal Trades Commission on the Packing In- Fer uT bar vauenen oaty today with over $1,000,000 assets and a mod- dustry. Statement on carnings of common stock of Wilson & Co. taken from the Economist, com: 10, a3 Well, from a profit-earning stand point, us Wilson & Co. Rg Many tigientbeeees> YOURS SINCERELY AND RESPECTFULLY ane 5 A LACUS TS SRR 2| Cnt, OST CT SKINNER PACKING COMPANY, z 1400 First Nat’] Bank Bldg., & actual investment of née are minimum figure -eal profits rath IN 1917, 39.5 per cent.; and measured by the pac! amount to several times even this last figure. All th that the packers’ accounts are so constructed that they coi them.” Statement by Mr. Wm. B. Colver, Chairman of the Federal Trades Com: hearing before the Committee on Interstate and Foreign Commerce of the Hous tatives, January 2, 1919. ither the commissi. n, the packers, nor anyone else are in a position to st: as against by-products during the packer fi great and accelerating profi * profits that on t ole, i “ J have been 1 it is not certain that this was paid in alued on the books at over $160,000,099, or a thou eight millions in dividen ss the commission can le; and never having in From the Federa ssion report Ju the Skinner Packing Comp; de bas and with the » Which js o: Omaha, U. S. A. op AS a, Py hate Without any obligation on my part, I would like to a, rf Dd ji have you send me further information on your Company. SKINNER PACKING COMPANY : Independent Packing Plant Omaha’s Daylight Snowhite PLANT: South Side, Omaha, Nebraska. BRANCH HOUSE AND PRODUCE DEPT.: ERT GP OE A EO ONE AE EEN BI TS will (EIS a. i c ‘ 12th and Douglas Sts. GENERAL OFFICES: 912 First National FINANCIAL DEPARTMENT: 1400 First Nat’! Bank Building. Bank Bldg. 2 > FI E208 FY MY GV AOD AE ABLES EDO ENE |