The evening world. Newspaper, April 1, 1920, Page 9

‘CANDY CO.’S 1918 PROFITS National’s Net Gains for 1918 Showed an In- crease of 545 Per Cent. Over 1915’s Mad te ie cad ee Ge As a matter of fact it is found that in 1918 net earnings ex- ceeded those for 1914, 1915 and 1916 combined. This despite higher operating cost and taxes which been generally accepted as oe rue reason for higher candy fn 1914 and 1915 the company earned a total of less than 1 per cent, on its '| Mgher eighteen months after the armistice was declared, The Evening \World to-day continues a survey of the increased profits of corporations engaged in the manufacturing and handling of clothing and food. ¢ atten: lorney General mer especial common stock available for dividends, sso Sirti j ct " fel aia Ma In 1916 the dividends balance ju to 10.18 per cent. and in 1917 to the NATIONAL CANDY COMPANY. Bary earhed an arerabe of Sift Tt has been a popular theory that sharp advances in candy prices have | Cent. on its common stock. been made necessary by the higher price of sugar, of other raw materials and of Iabor. Manufacturers have circulated statements confirming this | common stock. belief. In natural course the opinion has been held in many quarters that candy manufacturers must be having a dificult time meeting their higher operating costs and tax bills. But these theories are exploded by an examination of the official statements of earnings of the National Candy Company, one of the largest manufacturers and distributers of candy in the country. fhe Bvening' World articles. Pendently of each other. At present | is also owned. it has about sixteen factories engaged! Production of candy by the Na- in candy manufacture and in addition { tional Candy Company is now under- THE EVENI 7) stood to approximate 75,000,000 pounds annually. Coincident with advancing candy prices the company has risen | IS THIS PROFITEER to a state of affluence. GREATER THAN THREE PREVIOUS YEARS COMBINED illuminating. Figures—Last Year’s Showing Is Better Yet. With the cost of shoes and other necessities mounting higher and ha 1919, viz.: Karned ‘This company was organized in comm: 3902 in New Jersey and is a consoli- | the company operates two paper box | 18+: rt a7 dation of twenty companies that had| factories. Practically all the stock of our been operating more or ‘less inde-|the Clinton Sugar Refining Company 045 wy ‘ / tag NG WORLD, THURSDA of last year shows that the company not only greatly increased merchan- dise and supplies on hand but had at the close of the year accumulated surplus earnings of approximately $6,500,000, compared with $3,434,000 at the close of 19: And yet the o ntly increasing Arad of candy no signs of a a ‘The National Candy Company does not disclose thet volume of its sales or the cost of manufacture, but the record of net earnings is sufficiently oo HOTEL RAIDED FOR WINE. Forty-Five Stolen Cases Found at (COLDIDRY-AIR) Rement, in Atlantic City. ATLANTIC CITY, April 1.—County ; and city detectives yesterday afternoon (o) raided the Regent Hotel, Boardwalk and Ocean Avenue, and confiscated forty-five cases of champagne, alleged ABSOLUTE SECURITY to have been stolen from the ware- house of Felix Renault at Egg Har- ALTERATIONS,AT SUMMER ‘PRICES. bor, N. J., last week. Joseph Gorman, fifty-two, house carpenter at the hotel, ‘i and Max’Dresheim, steward, were ar- 384 I F I I I V E Fested, char, red with larceny. f ie ie detectives entered with a war- twe > rant and searched the building. ‘The Between 35th and 36th Sts champagne found tallied with the de- scription of that stolen from the Ren- ault warehouse by motor thieves. n the wine was loaded on a truck the hotel there was ex- itement along the Boardwalk. Tt was in 1916 that the public first had cause ef complaint about ad- vancing candy prices. In that year net profits of the National Candy Company, were nearly four times larger then in 1915, Net profits for and 1916 these earnings averaged less than one-half of one per cent, on its In 1914, 1915 and 1916 the National Candy Company was unable to pay a dividend on its common stock, but in 1917 3 per cent, was paid and in 1918 10 per cent. including an extra dividend of 5 per cent. ordered in that year but not paid until Jan. 15, ‘The income account for 1919 is not yet available, but a statement of financial condition made at the close ~ Stern Brothers West 42nd Street — (Between 5th and 6th Avenues) West 43rd Street A Sale Friday and Saturday MEN’S CALFSKIN BOOTS (Black or Tan) High Grade Models taken from regular stock and Reduced to $9. 75 Main Floor A wide variety of expertly finished English gnd medium toe models to select from. ALL SIZES and WIDTHS The MOTOR ROBE Department On the MAIN FLOOR (Sixth Avenue Side) —Now displaying a wide assortment of reliable Imported and Domestic products—offers a timely occasion for supplying your needs At Prices Unusually Reasonable. Mohair and Plush Robes, - $14.00, 16.50 to 85.00 Imported Silk Plush Robes, - - - $37.50 and 50.00 Steamer Rugs, - - - - - - = $8.00 to 85.00 (An extensive display of attractive plaids.) Also CLOTH ROBES in all the favored Materials. LIGHT-WEIGHT ROBES of Cévert Cloth and Whipcords in the most desired shades. In Readiness for Men Who Need New Clothes for Easter— MEN’S FINE SUITS TAILORED FOR US BY THE KIRSCHBAUM SHOPS $42.50 to 65.00 F you know how the general average of clothing prices runs this season, you will recognize how unusual are these values. Flannels, Serges, Un- finished Worsteds, Cheviots in single and double- breasted models. Fine materials, correct styles, expert tailoring. Kirschbaum Topcoats for Spring—-$35 to $60 MEN’S SECTION THIRD FLOOR Special 50.00 Misses’ Tailored Trico- tine Suit. Belted Model. Embroidered Vestec, Deep Rever collar. Special 55 .00 “0 earmaasserane amie ite A) * 7 4 , APRIL 1, 1920.) FUR STORAGE PENHEIM.CLLNS & C 34th Street—New York Misses’ Tailormade Spring Suits Sizes 14, 16 and 18 Years, Also suitable for Women to 86 Bust. The Youthful Spirit in the Tailleur for the Young Miss is Emphasized by the Eton, Bolero, Blouse and Box effects given to the jackets. For | the small woman these styles are strikingly appropriate. Misses’ Suits of Men’s Wear Serge. Smart Flare Belted and Eton Models, braid and button trimmed, Special 39.00 | Misses’ Youthful Box- Coat Suit developed in Serge, Accordion Pleated Skirt. pockets. (Iilustrated.) Special 65,00 Peter Pan collar. Special 79.50 Special 85.00 Stern Brothers West 42nd St. (Between Fifth and Sixth Avenues) West 43rd St. ORIENTAL RUGS Masterpicces of lar Eastern ingenuity—conspicuous for their rich, mellow colorings and distinctive designs are offered here At LIBERAL PRICE CONCESSIONS The assortments are new, extensive and provide an admirable occasion for supplying present and future needs. MENTEZ PERSIAN RUGS Sizes 751014 to 9384x1214 ft.; regularly $475.00 to 650.00, Special at $420.00 to 525.00 EMBOSSED CHINESE RUGS New shipment of 9x12 sizes, This lot includes the most wanted Blue and Gold colorings Also a wide range of other sizes, Special at $640.00 IRAN and MOSOUL RUGS Silky finish and rich colors; values $95.00 to 110,00, at $76.00 and 88.00 EFSHARIZ PERSIAN RUGS Wonderful colors; values $95.00 to 110.00, Special at $76.00 and 88.00 Modern or antique, singly or in pairs; size 10 to 20 feet long; values $150.00 to 475.00 each, Special at $120.00 to 385.00 uivndid collection of Small Size Persian Ruga are included at prices below the wholesale cost of to-day. Misses’ Poiret Twill Suit, Belted Model. Embroid- ered Border revealing slit Misses’ Dressy Tricotine Suits. Handsomely em- broidered Straightline ||| | and Bolero Models. Misses’ Braid-bound Tri- || cotine Suit. Belted | Model, novel cutaway sides. Lace Over-collar. BROWNING KING & CO. Announce a Special SALE OF SILK SHIRTS at $8.55 each War Tax not included Formerly $12.00 to $18.00 Included are Baby Broadcloths, Crepes, Jerseys, Jacqua Also an unusual offering of 1482 Madras, Reps and Percale ‘Shirts. Broken lots of our regular $2.50 and $3.00 Sale at this store only Nettleton Shoes While you are here you can buy the Easter Clothing Outfit at much lower prices than the same value can be obtained elsewhere. BROWNING KING & COMPANY 16¢ Cooper Square, Néw York—at Sth St. Fourth Avenue cars pass our door OPPENHEIM. CLLINS & G 34th Street—New York Special Sale Friday Girls’ Coats and Dresses Bloomer Dresses Attractive Hand Smocked model in combination stripes of Pink, Blue, Green, and Brown Ginghant and Plain €olored Chambray. Detach- able Bloomers. ets. Sash girdle. Sizes 4 to 12. special 3.95 Girls’ Polo Sport Coats Smart double-breasted model Hair Polo Cloth, Flap Patch Pockets and Leather Belt. Sizes 6 to 14 years, Extraordinary Value Special 20.00 ANDREW ALEXANDER SIXTH AVENUE GA) conner I93S? Women’s Low Shoes In light, medium and heavy weights. The largest variety we have had for $7.85 $8.35 $9.85 All the wanted models at these moderate prices. Sunday World Wants Work Monday, Morning Wonders —