Report of the Attorney General in the Matter of the Milk Investigation, Transmitted to the Legislature April 25, 1910

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I have nothing to do v^ith the milk business, simply attended the meetings. I think I know Mr. W. B. Conklin of the Consolidated Milk Exchange. The executive committee so far as I know raised the price of milk without consulting the board of directors, the only reason being given, Mr. Kogers said, was the fact that he had figured out that the delivery of each bottle of milk in New York meant a loss to the company. He figured its cost of eight and eighteen one thousandths cents per bottle. That ...was for the month of October and each succeeding month would mean an increased loss.
Albert J. Milbank: I am a director of Borden's Condensed Milk Company. Have been about fourteen or fifteen years. I was formerly the treas- urer. I think it was 1889 until 1903. I reside at 42 West Thirty-eighth street. I don't take any active interest in the man- agement of Borden's Condensed Milk Company. Merely attend the meetings of the board of directors. The only discussion I heard prior to November 1, 1909, in reference to the necessity or advisability of raising the price of bottled milk was from the fact of the high price the milk was costing us it would be necessary to do it.


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