Show send the record to a friend whal e UES wages and materials consume au Z sy aur nearly all of every dollar harvester takes in from sales A government X board has recommended and the company has agreed to on our pro P pay a general wage increase of 18 cents per hour for harvester factory ie employees the government Som SOMETIMES EmmEs although an idea is wrong it does no harm like the has also allowed price increases on raw materials which i idea that a square jaw is the sign of will power that winters in large quantities we steel purchase arent as severe as they used to be or that red hair denotes quick has had an average increase of temper 82 but there are other wrong ideas which are definitely harmful to Z public confidence in and understanding of industry one such 1946 j idea is the current guessing about profits made by L large ar ge business CUICO organizations i many people are apt to grossly exaggerate the money made by business so opinion research corporation an independent oisa oi sa organization made a survey to leam just what the public thinks ir ci al about profits compare these guesses and yours with the international there has been no general increase in our prices since they were harvester profit figures given below the government frozen by early in 1942 so situation today is that r our rate of profit in normal times what we BUY costs us 1946 prices pricer many large businesses including we will be paying average hourly ourselves would consider it a public guess on war profits banner year if we could reach wages 56 above 1941 for what we SELL we get only 1942 prices i T I 1 H four war year this figure our average profit for I 1 3 average profit 49 the last ten years four war and this condition cannot long be six met out of our present low rat peace was more than I 1 in this survey the average of the a third less than what the public of profit guesses by the public of the wartime considers fair profits made by industry was all these figures show that our future prices on I 1 H Prod products acts per cent 30 profits are not high As a watter matter it is plain that price relief will be I 1 ic in in the four war years of of fact the entire farm machinery needed to meet the increased 4 1943 1944 and 1945 the industry is a low profit industry and material costs which wage profits of international harvester in 1944 the federal trade commission we must carry CoLi company colipano pany averaged only 49 mi sjon published a list of 76 industries we this we regret necessity on sales less than one sixth of dus tries ranked in order of their prefer to lower prices when what the general public guessed ratio of profits to sales the farm possible rather than raise them and 1 for all industry machinery industry was on know we our customers prefer to for this period the the list year by have us do that we had hoped to year per cent of profits on sales be able to hold the line at leat lea t was 1942 1943 what about current I 1 H prices but we do not see how we ci an a n 1944 1945 when the war ended and we avoid operating at a loss if 0 nr ir prices continue to remain their at planned our peacetime time peace prod production c ablerto present frozen levels we wm will we had hoped to be able to serve our farmer customers at the NOT cut corners on any of our same level which has held since products because QUALITY IS public guess on peace profits 1942 THE foundation OF OUR regardless of wartime war time increases S I 1 H four prewar pre war year in costs of wages and materials BUSINESS ial average profit our customers can be certain ev that we will seek no more than a in the four peace years of 1938 TO FOR ETC moderate profit both because of 1939 1940 and 1941 the profits our policies and because we have L artz harvester com v 36 0 56 I 1 I 1 approximately competitors X this is 1 fighting us vigorously for your veY under half of what the public business our request for price guessed for all industry TAXES PROFITS ETC relief will be no more than is necessary to insure continued service up to that time but recent to our customers continued work FAIR I 1 H developments have forced for 1 Q a our employees and a reasonable change in our plans return for our stockholders majority think fair profit in normal times is M 10 efm ah I 1 H ten year average is less than U 7 10 the survey indicates the public 1771 en no knows that in our economy profits NARY n are indispensable and the M 0 majority regard 10 as a fair A LETTER ha HOME VI 1 I ar 1 L r A welcome gift to the folmer 0 IN 1 GRAY IRON CASTINGS I 1 for pulleys shaft bearings shaft couplings boiler grates manhole covers and rings storm sewer grates tractor weights bushing stock sheaves j gears and many other uses our pattern shop makes patterns for any special castings you may require HEAVY MACHINE SHOP WORK OUR SPECIALTY the telluride iron works company phone durango colo T ad HERES a real opportunity for the young man who wants a good job with a future an army job is a steady job offer ing good pay the highest security every opportunity for promotion and a chance to see the world you get valuable training in technical skills good food clothing quarters and medi medical cal care free if you go overseas you get 20 extra pay you yo u can retire at half pay after 20 years or retire at three quarters pay after 30 years and you get a 30 day vacation at full pay every yearl many other ad advantages vantages not offered elsewhere if you are 18 to 34 and physically fit or 17 with parents consent you can enlist now and qualify for one of these fine jobs in the peacetime regular army you owe it to yourself to get all the facts nowa apply at U S ARMY ALVAY recruiting STATION CITY HALL BUILDING PRICE UTAH |