The profits made by the American packers —dealers in fresh, cured, and tinned meats—have trebled in the thr?e years since America entered the war, according to a report recently made public at Washington by the Federal Trade Commission. The document contrasts tinprofits made since 1914 by the so-called independent packers with those of the late Chicago companies known as the "Big Five"—Morris, Wilson, Cudahy, Armour and Swift —and shows that the average percentage profits on investment have been greater in the case of .05 independents than the average for the '"Big Five." The report states that the large companies' profits grew from 8.1 per cent, in 1912, to 26.5 per cent, in 1917, and that the average rate for the three pre-war years was 7.6 per cent. The total profits of the five large companies for the three pre-war years was nominally £12,0110,000 and for the succeeding three yean. £38,400,000.
Colic s and Colds, never fails, 1/9, 2/9. VYnous' (ireat PeDD»f»lftt tiiMii »or
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https://paperspast.natlib.govt.nz/newspapers/TDN19200722.2.82.5
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Taranaki Daily News, 22 July 1920, Page 7
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163Page 7 Advertisements Column 5 Taranaki Daily News, 22 July 1920, Page 7
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