The evening world. Newspaper, September 23, 1919, Page 8

‘CENT RAISE IN MILK Horton, Price Fi Fixes, Will Pro- [ook forward t tect the Trusts’ “Widows ;, and Orphans,” another cents advance, By Sophie Irene Loeb. Comfort ere what is going to happen. He reite fore tho yesterday, solution to offer. wingle suggestion. Smartly original models for Fall wear have beat crested by Mr. I. Miller, the recognized of footwear for artistic women, The new Fall models all have a distinctive touch of original- places them in a class by Same Model Comes in as All Brown Kid } LXV heels 155° Widths AAA te D The illustrated boot is one of the products of our modern Brooklyn factory. OXFORDS AND PUMPS. .8.59 to 12.50 Fourteenth Street Weet of Fifth Avenue —WEDNESDAY— Our regular $3.96 and $4.96 Yourse you must have or as soon as her careful © Mother will see to it, just ( notes this exceptional sale price for such a warrf, pretty robe, It is a » chance much too good to m The picture shows ' them to you even better than we can describe them, , except to add that they are of Beacon Cloth of good, + warm quality. The one at the left has the sailor collar, sleeves and pockets bound with satin. ‘The other side has a pains and cuffs scalloped with silk. Both have silk cord girdles and come in light and dark colors. Sizes are 8 to 16 yeurs. See also our three-column Fall Sale ady. on page 21, THREATENED BEFORE NOV. 1, DESPITE Bl TRUST PROFITS milk on Nov, 1—maybe a 2% or 3 According to President Horton of the SheMold-Farms, Slawson-Decker already been stated in Company, it looks as if it was going 55 per cent, of the milk produced in And now the New York public inay | to cost the people at least that much |this State if made into by-products. | more—and, weil, he wouldn't commit | |b mself on exactly the amount, but if | He did say, bowever, in answer to | questions, that if milk wagons were Not permitted in the streets of the | countries. city to sell milk to the consumers! put keeps the |and if ali the milk was placed in the |New York market ‘grocery stores or similar places—that this would certainly reduce the price of mitk. “But there is Sunday,” said Mr. lg “Maybe they wouldn't keep pen on Sunday to give the people tne milk.” Last year he bought up a large by- product concern and he told how other concerns were developing the ea abe sending by-products, ned milk, to Germany, ew and ‘ether countries, He told how one of the large com- panies here had plants in Switzer- jland for making condensed milk. He &lso said that the by-products were | profitable, and there are a number of raise of new concerns springing up. Tinning milk is supposed to use up |the surplus of the milk, but there are several large concerns who do noth- ing but manufacture milk. As has these columns, In fact, it was learned that the Dairymen’s League, the producers of the State, has gone into the business foinething isn't done he just doesn't |of by-products and will only sell as muéh fluid milk as it pleases to New ted this several time be- | York ir Price Milk Committee and be didn't have any |s-ected the Dairymen's Leaguc When pressed to{densed milk [ive some idea as to how milk could | would |eeme down, he just couldn't make a | babios. Very recently a Belgian committee con aa the product the burchase for the Belgian This means the manufactur. ing of condensed milk on a large neale, the manufactured product leav |ing this State for Belgium and other This is highly protitals fluld milk trom the POVERTY STRICKEN TRUSTY “WIDOWS AND ORPHANS.” Also, at last, we have jearned woo the “widows and orphans’ are who the milk business fr 1 jew: of money that they have invested in stocks PresidentgHorton told the Milk Gom- mittee that there are a couple of wis. ws and orphans, own ‘ blocks of the stock of hiv milk com pany, who would suffer if anything happened to the milk industry When questioned as to whethe there were any poor widows who had only a few hundred dollars invested milk stock in his concern, be 0 such In fact Mr. pant wn 2,000 shares of this con- e-tifth ix owned by three cern. others, Among the interesting statements developed in Mr, Horton's testimony are the following: This company has never suffered a lows in any one year. was 3 per cent, dividends last year and ts per cent the two preceding years. By the method of taking the dividends out of surplus more dividends could have begh declared, if desirable. Thus far this year a 6 per cent dividend has been declared. In this company dividends are not declared from profits but from sur- plus, and after declaring the divi- dends of last year they now bave a 3,000,000 surplus. 4 The Horton Company began with $500,000, and, according to Mr. Hor- by posterity since 1841. Gradyally, the company has bought in several concerns, until all preferred stock will “suffer” if anything happens to} _ The lowest dividend they ever paid], & Fourteen per cent. was declared it. ton, the stock has been handed down | zation. bed macbin- ing $10,000,000. n admitted that the 16 »-day for Grade B milk gives the company a fair return. The par value of the common stock three years ago was $260, To-day it is worth $360 a share on present capitalization. jesides drawing dividends, Mr. Horton and his two sons draw $63,600 a year in salary. All the directors, besides drawing dividends, now draw salasies amounting to $94,000, ‘When questioned if there was “a gentlemen's agreement” to fix price for all companies alike, Mr. Bor- ton admitted that for years all the dealers looked to him as the price setter. Whatever the price the Shef- fields set, they all followed. He cited in instance of once when he ral the price from 8 cents to 9 cents that the Borden Company sold theirs at & cents, thinking “thoy had a pretty good thing of It.” 4 Lf et ney fought it for three months,’ said Mr. Horton, “they for eight cents and wo for nine cents, and then they came up to nine cents.” He stated that as a general proposition “we n't raise o''f price more naturally wou! than Borden’ When pressed to answer why, since overhead expenses of milk companies must vary in different companies, they ll charged the same, he had no ex- planation to offer. given the committee an itemized ac- count of the cost of distributing milk, Mr. Horton says it ts impossible for any man to tell what the distribution comts The committee questioned him as to just how the business developed, and ws told of the following items Issued nck to date; 0,000 began the business by join- r compantes 100 was issucd tn stock and the t in the business ten oF twelve 80. tate ‘000 wan lesued to pay for prop- "Seon.o00 was thon sold in preferred. $200,000 was issued in 1914 tn com. mon. 100,000 was then sold in preferred $2,800,000, cally represents ali the ck Despite all of the above Mr. Horton says that if they didn't get more than sixteen cents on Grade B milk, they would have to Nauldat ¢ business, JEWELRY WORKERS STRIKE, 8.200 Demand Five Ho Week of Same Following the declaration of @ eral strike in the city at @ meet Webster Hall last night, about 3,200 members of the International Jewelry Workers’ Union, Local No, 1, fatied te ork this morning. nd report f Jewellers with the sa cetving fo pay ranges from $96 to $160 a week according to the skill of the work- ™ of the largest employing firma ity, Gorham & Co, and Cartier already acceeded to the jemands SHIP WORKERS Li LOSE JOBS. Brooklyn = Discharce Mew Who To Malt Ho Fmployers in the smaller shipbuild- ing plants of Brooklyn following the leadorship of the larger plants have discharged all workmen who took a half-hollday lust Saturday hundred workers in the Cr larger Plants” began taking as individuals men who had been | bears a 6 per cent. guaranteed ac- cumulated dividend. ‘The business amounts to $32,000,000, OPPENHEIM, The “Roselle” Pink broche, Lace 3ROOKLYN Fashionable Corsets In Graceful Lines for Every Figure— Slight, Average or Stout model, made of handsome Offering Exceptional Values Special 2.50 and 3.50 out a week previously for con forming to the union programme, of taking the half-holiday after completing forty-four hours’ work a week. GLuNs &G) Fulton Street, Brooklyn Special Sale, Wednesday the anti-strike provisions of the Cummins Although the Borden Company has | 7 > Wye LABOR OPENS FIGHT _ON CUMMINS BILL |. from being used for public Plumb Tells Senators Railroad KOSHER : CHICKEN DEALERS Measure Is Directed Against the Wage Earner, WASHINGTON, Sept. 23.—Organized labor launched its fight against the Inquiry Basins to D to Determine it Poultry Price for Jewish Holi- day Is Boosted, Officers of the Bast Side Poultry Cor- poration were summoned to the District Attorney's office to-day to determine whether they have knowledge of the re: ported combination to increase the p' Railroad Reorganization Bill to-day be- fore the Senate Interstate Commerce Committee. Glenn E. Plumb, general counset for the Railroad Brotherhoods jan@ author of the plan for tripartite control of the railroads, said the pro- Visions were a guarantee of “industrial | ot pouitry during the Jewish New ¥ rovotutton.” holidays, “These provisions destroy the right | Goigstein of collective bargaining,” he said. “They are directed solely against the wa learner. The right to strike is inhorent r | Assistant District Attorney has been conducting an dn- vestigation. According to Goldstein, the poultry corpbration is dominating the market. | jand has been recognized by innumerable | te says the price of spring chickens has | decisions. been increased five cents and others “Formerty strikes have been carried} four cents. ‘The officers were ordered on enty to secure labor a larger share | to present, their books, and copies of m a ec of the products st makes, “Hereafter | sercementn, It any afteting pout’ they will be carried on to compel a re- med last Friday. No combina: duction in proiits and protect the tion to defraud during the Jewish holi- terests of labor on the consuming side a to the District At- ce about four Labor must retain the right to atrike when Judge Rosalsky sev- pert El "Oats trBatens to aoe et Answering ® question by Senator A seni og A % Pomerene, Plumb conceded that a two (Jit) Pe yydiiments under the Donn weeks’ stoppage of transportation would Law if the evidenc: i 2HE ot 30820 20 ot ot Noe ane Ibe Yot ee oe 2 ee see 0 NOE TEE Nee KNOX cilors ad Snort Hats for Women OSS > NOX Silk Sailors are, first of all, well made—then they are made CRS smart.” The same skilled hands that have made Knox Men's Silk Hats for over three-quarters of a century safeguard the quality. As to styles— why, Knox creates them and naturally they are exclusive! a d 4 ¥ i) F a i : 4 @ & " a 8 4 Es 4 % | SILK SAILORS EIGHTEEN DOLLARS TO THENTY* TWO FIFTY SPORT HATS TWELVE DOLLARS TOTWENTY-TWO FIFTY KNOX HAT COMPANY Incorporated 402 FIFTH AVENUE NEW YORK 4! BROADWAY and Ribbon trimmed. A catalogye will be sent upon request $68 26E 208 IE 308 2AE BOE 39E BOE IOE BOE BOE 30E 39E 2OE 208 NEE SE KEE OE BE Senorita a re oa ‘YE FOE BOE SE Dos LEE TOE BOE SOE OE LOE SOE BOE HE SOE ZOE BE SER SE ES 368 308 305 258 38208 298 $96 298 305 528 SOE SCE WE IE OE HE EE $0 308 308 BOE 308 LOE 308 HE HOE HAE 268 308 SALE OF U. S. ARMY & NAVY GOODS FROM QUARTERMASTER’S DEPT. THE WAR IS OVER—BUY NOW Olive Drab Khaki Coats (fine for Khaki Trousers. bi} Hunting Bags (reg. $2.50) spine Coats. 5.50 | Sheepskin Vests (Ist quality). + 1.50 | Socks (wool), t Quality Raincoats (Officers). ws nerad use from Quarter= t@ SALE AT THIS ADDRESS ONLY “@) 245 West 42d Street, New York City ARMY AND NAVY BUILDING - BETWEEN BROADWAY AND +TH AVE. CALLED BEFORE SWAN Altman & Cn. The Watts Shoe Department will place on sale to-morrow (Wednesday) at the phenomenally low price of These Boots are mostly in laced styles, have all been in stock at a much higher price, and would cost, to duplicate, much more than the figure quoted. Practically all sizes im the assoriment, Mth and 25th Streets 4-Piece Queen Anne Period Dining Room Suite) in American Walnut ining Voble, 48 inches, 6 feet ex! Massive moulded frames, in mahogany fini IN THE WORLD TO-MORROW (WEDNESDAY) Maximilian: Harden Points out that Japan will cling to Shantung. He fears the result. several broken lots of Women’s Boots $8.75 per pair Sut not in all styles, (Second Floor) Madison Avene - Fifth Anes Nem Jor OPEN SATURDAY EVENINGS Libera! Credit Terms Apply to Long Inland, New Jersey aud Connecticut. MOTOR TRUCK DELIVERIES 86th St. Crosstown Cors Two Blocks Away Bath St. “L” Station at Our Door 3d Ave. Street Pass Our Door of Bulfet, China Claset, seats, back and arm prings in seats; as illustrated, et. (Morning Edition) (Cabling from Germany) Order The World from Newsdealer in Advance. - Edition Limited.