Celanese Corp., New York, N.Y---. Bowman Products Division, Associated Spring Corp., Cleveland, Ohio-- 98 Burry Biscuit Division, Quaker Oats Co., Elizabeth, N.J.. 555 Cain & Bultman, Inc., Jacksonville, Fla__ 35 Ceco Corp., Chicago, Ill---- 146 1,020 230 1,398 94 151 34 58 (1) 36 Dow Chemical Co., Midland, Mich__ 1,383 3, 185 987 350 Continental Can Co., New York, N.Y.__. Cowles Communications, Inc., Chicago, Ill. Cuneo Press, Inc., Chicago, Ill. Diversey Corp., Chicago, Ill. E. I. du Pont de Nemours & Co., Inc., Wilmington, Del--- Ekco Products, Inc. (division of American Home Products), Wheeling, Electric Machinery Manufacturing Co. (subsidiary of Worthington Electrical Equipment Co., Phoenix, Ariz__ Globe Rubber Products Corp., Philadelphia, Pa--- Grabler Manufacturing Co., Cleveland, Ohio_. W. W. Grainger, Inc., Chicago, Ill_- Graybar Electric Co., New York, N.Y_ Hillside Metal Products, Inc., Newark, N.J. HMH Publishing Co., Inc., Chicago, Ill_. Ingersol-Humphryes Division, Borg-Warner Corp., Shelby, Ohio. Ingersoll-Rand Co., Los Angeles, Calif_ Interlake Steel Corp., Chicago, Ill- International Telephone & Telegraph Corp., New York, N.Y. Interstate Department Stores, Inc., New York, N.Y. Jewel Cos., Inc., Melrose Park, Ill___ Joanna Western Mills Co., Chicago, Ill_. Johns-Manville Corp., New York, N.Y. Joslyn Manufacturing & Supply Co., Chicago, Ill. Kaiser Aluminum & Chemical Corp., Oakland, Calif_ Kalcor Coatings Co., Inc., Willoughby, Ohio_ Kinkead Industries, Inc., Chicago, Ill__. Kohler Co., Kohler, Wis--- Geo. H. Lehleitner & Co., Inc., New Orleans, La Lincoln Electric Co., Cleveland, Ohio_. P. Lorillard Co., New York, N.Y. Lovable Co., Atlanta, Ga____ Luminous Ceilings, Inc., Chicago, Ill. See footnote at end of table, p. 35. 85 565 (1) 11 Mes-Tex Steel Buildings, Inc. (subsidiary of Kirby Pet.), Houston, Tex__ Midas International Corp., Chicago, Ill. Minnesota Mining & Manufacturing Co., St. Paul, Minn. 1, 231 Mobile Oil Corp., New York, N.Y- Mogen David Wine Corp., Chicago, Ill...- Montgomery Ward & Co., Inc., Chicago, Ill. Morton International, Inc., Chicago, Ill. Munsingwear, Inc., Minneapolis, Minn_. National Starch & Chemical Corp., New York, N.Y.. National Sponge Cushion Co., Inc., Pico Rivera, Calif. Old Peoria Co., Minneapolis, Minn-- Oxford Chemical Corp., Chamblee, Ga---- Ray-O-Vac Division, ESB, Inc., Madison, Wis-- St. Charles Manufacturing Co., St. Charles, Ill.. Specialty Manufacturing Co., St. Paul, Minn. 5, 254 1, Swimrite, Inc., Van Nuys, Calif Jos. Thiele, Inc., San Antonio, Tex---. Time, Inc., Chicago, Ill___ Triange Publications, Inc., Philadelphia, Pa....... True Tember Steel Corp., division of Allegheny Ludlum Steel Co., Cleveland, Ohio-_ 450 Union Carbide Corp., New York, N.Y. 2, 546 U.S. Plywood-Champion Papers, Inc., Hamilton, Ohio-‒‒‒ 1, 050 Vick Manufacturing Division, Richardson-Merrell, Inc., Philadelphia, Pa. 301 550 559 West Chemical Products, Inc., Long Island City, N.Y. Woodward, Wright & Co., Ltd. (subsidiary of Vulcan Corp.), New Total, annual sales all members_-_ 1 Gross sales not available. Source: Annual sales figures from Standard & Poor's Corp. (1) 19 83, 795 EXHIBIT C-1 Gross volume of annual sales of members (42) of Terminal Freight Cooperative Association [In millions of dollars] Allied Purchasing Corp. (subsidiary of Allied Stores), New York, N.Y_. Donahue Sales Corp., Milford, Conn_. Ceco Corp., Cicero, Ill. City Products Corp. (subsidiary of HFC), Chicago, Ill Cleveland Chair, Cleveland, Tenn__. Cluett, Peabody & Co., New York, N.Y_. Coast to Coast Stores (subsidiary of HFC), Minneapolis, Minn_ The Coleman Co., Wichita, Kans- Continental Can Co., New York, N.Y. DeSoto Chemical Coatings, Inc., Des Plaines, Ill. Dohrmann Co. (subsidiary of Parvin Dohrmann), San Francisco, Calif__ Endicott Johnson Corp.,,Endicott, N.Y_ 146 (1) Federated Department Stores, Cincinnati, Ohio_. Geigy Chemical, Yonkers, N.Y_. General Dynamics, San Diego, Calif_ (1) 284 656 69 1, 398 115 25 43 141 1,685 (1) 2,253 Graham-Brown Shoe Co., Dallas, Tex-. Jorries Furniture, San Antonio, Tex___ Lifetime Foam Products, Inc. (subsidiary of Sears, Roebuck), Franklin (1) May Department Stores Co., St. Louis, Mo. 1, 017 Meier & Frank Co., Inc. (subsidiary of May Department Stores), Portland, Fred Meyer, Inc., Portland, Oreg-. 185 North American Rockwell Aviation, Inc., El Segundo, Calif. Solar Division of International Harvester Co., San Diego, Calif. State Stove and Manufacturing Co., Ashland City, Tenn__ Uniroyal, New York, N.Y__ Van Waters & Rogers, Inc. (subsidiary of VTR Ind.), Seattle, Wash___ Wm. E. Wright & Sons Co., West Warren, Mass-- Total, annual sales all members_. 1 Gross sales not available. Source: Annual sales figures from Standard & Poor's Corp. 18 2, 542 (1) 1, 265 249 158 (1) 29, 073 1 Includes retail and wholesale estalishments and selected services. Source: Statistical Abstract of the United States; 1967, published by the U.S. Department of Commerce Bureau of the ensus. 1,509 12,701 47, 040 312, 059 15, 483 154, 098 2,575 41, 068 19,459 190, 210 2,710 3,057 1,110 978 5,250 15, 503 35,388 14, 299 7,883 50, 241 183, 791 1,677,639 Senator HARTKE. Mr. Chambers, is your corporation a public corporation? Mr. CHAMBERS. No, sir. Senator HARTKE. It is privately held? Mr. CHAMBERS. Yes, sir. Senator HARTKE. What were the profits of your corporation last year as compared to the year before last? Mr. CHAMBERS. Our profits the year before were about $1.1 million before taxes, and last year about $700,000. Senator HARTKE. What was your gross? Mr. CHAMBERS. Our gross was $15 million the year before and about $13 million last year, sir. Senator HARTKE. Now, has it dropped in the years? In other words, what about, say 3 years before that? Mr. CHAMBERS. Three years before that it was considerably lower. Senator HARTKE. What was that? Mr. CHAMBERS. I would say about $400,000 to $500,000 before taxes. Senator HARTKE. And 4 years before that? Mr. CHAMBERS. About $300,000 before taxes. Senator HARTKE. What I am asking you really is whether or not you are attributing this-in other words, here you have had a drop in 1 year, but you had a constant growth up until last year. Is that true? Mr. CHAMBERS. Yes, sir. Senator HARTKE. And that follows the general pattern of the economy? Mr. CHAMBERS. Of the industry? Senator HARTKE. Of the economy. Mr. CHAMBERS. Of the economy? Yes, sir. Senator HARTKE. So what I am asking you is, are you attributing this loss of profit and volume in this 1 year, is that the basis for your saying you are going to have to go out of business? Mr. CHAMBERS. No, sir. The industry itself has had tremendous problems. We have many companies that have had tremendous financial problems. We feel we are operating on a rather narrow edge at the present time. Senator HARTKE. How many have gone out of business? Mr. CHAMBERS. Well, Republic Car Loading Co. had serious problems. Senator HARTKE. Is it due to the disparity here in these shipping costs? Mr. CHAMBERS. I believe so, I really do. Acme Fast Freight has had serious problems. National Car Loading Co. has had serious problems. Pacific & Atlantic Shippers has. The number of freight forwarders operating profitably is very small indeed. Senator HARTKE. Thank you. I have no further questions. The CHAIRMAN. I want to question you about your statement where you say "we have been told." Mr. CHAMBERS. Yes, sir. The CHAIRMAN. Who are "we"? Mr. CHAMBERS. By that I would refer to the freight forwarders. The CHAIRMAN. Have you, yourself, been told? Mr. CHAMBERS. Yes, sir. The CHAIRMAN. By whom? Mr. CHAMBERS. Well, now, the western railroads passed a motion. The CHAIRMAN. That is, it first passed a motion to support? Mr. CHAMBERS. That is correct. The CHAIRMAN. And it then repealed the motion? Mr. CHAMBERS. Yes, sir. The CHAIRMAN. Now, you say you have been told. Who told you? Mr. CHAMBERS. Well, I was advised The CHAIRMAN. No, not advised. Who told you? Mr. CHAMBERS. Well, the Freight Forwarders Institute, Giles Morrow. The CHAIRMAN. That is, someone from the Freight Forwarders Association told you. Is that right? Mr. CHAMBERS. Of the actual approval by the western roads. The CHAIRMAN. Who representing the railroads did you speak with that told you that they were in favor of this bill but because of pressures could not support it? Mr. CHAMBERS. Well, I also was advised by the Santa Fe Railroad. The CHAIRMAN. Who was the man? Mr. CHAMBERS. By Mr. Caiazza, a vice president of the Santa Fe. The CHAIRMAN. When were you so advised? Mr. CHAMBERS. Initially about 2 months prior to the hearing before the House subcommittee. The CHAIRMAN. Where did this meeting take place? Mr. CHAMBERS. In Chicago. The CHAIRMAN. What is the man's name? Mr. CHAMBERS. Caiazza. The CHAIRMAN. He is of what railroad? Mr. CHAMBERS. Santa Fe Railroad. The CHAIRMAN. Was there anyone else you spoke with? Mr. CHAMBERS. Of the western roads? The CHAIRMAN. Yes. On this subject, anyone else? Mr. CHAMBERS. Well, Mr. Caiazza was the primary gentleman. The CHAIRMAN. All right. Senator HARTKE. How do you explain the fact, though, that the only railroad testifying here is testifying not just on balance, but they are testifying against you, against the bill? Mr. CHAMBERS. That is correct. And I believe that they are in error in their position here. Senator HARTKE. That is a different question. I would think that anybody here is a good advocate of his position, or I hope he does the best job he can. I understand that. What I am asking you is, do you feel that the Eastern Railroad Association, that these people have had undue influence used upon them to make them testify against this bill from their shippers? Mr. CHAMBERS. I don't know that it is undue influence. I know that they have had many letters from large shippers in order to request them to be on the other side. This is my understanding that they have. Senator HARTKE. All right. The CHAIRMAN. Why would the large shippers oppose it? Mr. CHAMBERS. Because most of the large shippers, if you will refer to exhibits C and C-1, you will find that most of them are members of the shipper associations. The CHAIRMAN. Yes, but what would the large shippers gain by opposing the small shippers from getting a better rate? |