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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
Cheyenne State Leader
Location
Cheyenne, Wyoming, United States of America
Date
Apr 15, 1919
Page
13
The message to stockmen and farmers explains the unequal profit split in the beef supply chain. It urges producers to join Skinner Packing Company to gain larger profits through manufacturing finished meat products, stressing a businesslike, non speculative plan appealing to farmers, bankers, and cattlemen.
Paul J. Skinner and Lloyd Skinner promote Skinner Packing Company as Omaha’s largest produce dealers and announce Daylight Snow White Independent Packing Plant under construction. They tout multiple firms, seven million in combined assets, stable securities, and a no-loss investor record while detailing a modern, sanitary, high-capacity packing plant with advanced refrigerated storage, loading docks, and a forty-acre site near major stockyards and rail lines.
The article analyzes Wilson & Co earnings and financing in 1918, noting net profit per share of 31.49 after costs, the role of bankers in funding $20,000,000 common stock, and comparisons to standout packers such as Armour & Co and Skinner Packing. It cites Federal Trade Commission data from 1917 to 1948 and discusses capitalization, dividends, and implied profit potential across the industry.
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