Jasper County Democrat, Volume 21, Number 84, Rensselaer, Jasper County, 18 January 1919 — Page 4 Advertisements Column 1 [ADVERTISEMENT]
Swift & Company’s 1918 Earnings i How They Affected You During the twelve months ended Nov. 2, 1918 (its fiscal year), Swift & Company transacted the largest volume of business on the smallest margin of profit in its history. Profits of the meat business —under regulations of the United States Food Administration were limited to a maximum of 9 per cfent on capital employed but not to exceed 2H cents per dollar of sales. Swift & Company in the regulated departments earned 7.57 per cent on capital employed and 2.04 cents per dollar of sales, out of which had to be paid interest on borrowed money and taxes. Here is how these earnings affect you. Live-Stock Raiser— Swift A Company killed 14,948,000 head of livestock, which weighed alive, 4,971,500,000 pounds. Swift & Company made a profit of only a fraction of a cent per pound liveweight Consumer — The sales of our meat departments were 4,012,579,000 pounds on which our earnings were less than Yi cent per pound. The per capita CQnsumption of meat in the United States is given as 170 pounds. If a consumer purchased only Swift & Company’s products he would contribute only about 78 cents a year, or VA cents a week as profit to the company. Swift & Company, U.S. A. ,
Leave orders now for fruit and ornamental trees, ghrubbei-y, etc., for spring delivery. All trees guaranteed to grow or replaced free of charge.—CHARLES PEFLEY, phone 475. „ - : : / Duplicate order books, Fairbanks scale books, etc., carried in stock in The Democrat’s fancy stationery and office supply department.
