Newspaper Page Text
IS OGDEN ARMOUR GOING TO
Chicago's slaughter houses are
more than ever the world's greatest
Every report from thfc- stock yards
district shows the Swifts' and Ar
mours piling their personal fortunes
higher and cinching more strongly
every year their places among the
world's families richest in personal
command of cash and property.
Matching the Swift & Co. report
two weeks ago of 18 per cent profits,
Armour & Co.'s annual -report, just
out, shows a business topping all
past records. J. Ogden Armour can
now write with perfect accuracy
after his name: The World's Great
est Butcher of Beef, Sheep and
Hogs. Reading the annual report, it
is easy to understand why Armour"
could afford to build last year a
fence or high stone wall on his Mel
ody farm, near Lake Forest, at a cost
For the year ending Oct 30, 1915,
Armour & Co. sales were $425,000,
000. This beats 1914 by $50,000,000,
and it beats 1913 by $75,000,000.
Net earnings are $11,000,000, which
is no small hunk of cash to slice into
pieces and pass around among stock
holders. Not many people will feel sharp
pain over Mrs. Armour's loss through
burglary of her favorite rope of
pearls on reading that the $11,000,
000 net earnings are an increase
over 1914 of $3,491,000. The divi
dend now is 55 per cent on the $20,
000,000 of capital stock, which is a
jump from the 37.55 per cent of 1914
and the 31.41 per cent of 1913.
Anybody with a vague fear that J.
Ogden Armour or Mrs. Armour or
any of the little Armours are in dan
ger of going to the poorhouse or
shoving lead pencils and shoestrings
at passers-by on the downtown
streets should notice that Armour &
Co. balance sheet shows lands, build
ings and machinery valued at $51,-
302,577; refrigerator and other cars, 1
$4,162,000; investment in allied
companies, $8,000,000. Debts of lit
tle butchers, grocers, hotels and res
taurants and others to Armour & Co.
is over $54,700,000.
Cash on hand takes several small
vaults or a single large one to hold
It It's $8,401,470.
Lest anyone imagine that J. Ogden
Armour is the whole works and the
big cheese of the Armours because
he gets into the papers oftener than
any of the others, it should be stated
there are other Armours. There is
Charles W. and A. Watson and Lau
rence H. and Philip D. Armour, all of
'em on the newly-elected board oJ
No wage raise announcement has
come from Armour & Co. Looks like
they ain't going to imitate the TJ. S.
Steel Co. and Pullman Co. in 10 per
cent wage raise announcements.
Health Commissioner Robertson's
recent raport showed no decrease of
the baby death rate out around the
stockyards. Statistics of Aid. John
C. Kennedy before U. S. industrial
relations commission still holds.
Seven times as many babies under
two years of age die in the packing
house district as a mile away over on
the lake shore in the houses where
they draw salaries and have enough
An item of $156,000 for a pension
system is noted in the Armour & Co.
annual report Nothing about high
er wages or fewer baby funerals back
o' the yards.
BACK MRS. MARGARET SANGER
Thirty-third Ward Woman's Study
club has passed resolution protest
ing against indictment in New York
of Mrs. Margaret H. Sanger, who is
to be tried in U. s! court 'for having
written and distributed articles deal
ing with birth prevention.
In passing the resolution the club
asks that letters of protest against
prosecution of "the woman rebel" be
mailed to Judge Clayton, Federal
bldg., New Yorl-f