High Cost of Living in District of Columbia: Hearing Pursuant to S. Res. 150

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High Cost of Living in District of Columbia: Hearing Pursuant to S. Res. 150
United States. Congress. Senate. District of Columbia
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529 Mr. LiEBBCAK. I would say it would run about $400 a month or f bosinfiss and the profits for the year 1918. Can you give us that ifoimation for any years previous to 1918?
Mr. Lubman. I have not got that information here.
Mr. Miller. You can not give us any figures for previous years, Mr. LiEBMAX. No.
Mr. MiLLEiL I understand that your profits are smaller this year '^ain in previous years? due to the increased cost of labor?
Mr. loEBMAN. Well, last year our profits were not large. I sup- ?«
...ethey averaged about 11 or 12 per cent. A lot of goods we bought ^ ywr declined after we bought them.

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