Mt. Pleasant Pyramid | 1920-05-28 | Page 4 | Profits in Flour are Immense

PROFITS IN FLOUR ARE IMMENSE Investigators Declare Millers and Jobbers Job-bers Mulcted Customers. Washington. An analysis of alleged al-leged profiteering in flour, filed with the United States railroad labor board by W. . Jett Lauck, consulting economist econo-mist of the railroad brotherhoods, states that wartime profits absorbed one-third of the price paid by the consumer for a barrel of flour, and that GO per cent of this huge margin was chargeable to profiteering. "The actual cost of producing a barrel of flour in 1917, including interest, in-terest, freight and other expenses of the miller, was only $8.60," says the report. "For this the consumer was forced to pay at least $1-1.50. Had the miller, jobber, wholesaler and retailer been content with reasonable margins lliis flour might have been available to the purchaser at $11.57."