Canada Packers Posts Record Dollar Sales in Seventeenth War-Year
The seventeenth year ending March 30 1944 sets new records for dollar sales and weight of product sold. Net profit after tax and depreciation reaches 2 187 586 76 with wartime reserves, while income and excess profits total 3 023 214 06. Shareholders to vote on by law to subdivide and reclassify 200 000 shares as the company plans wider distribution. The report highlights wartime livestock production gains driven by farmer effort and price increases, noting future tax and reserve implications.