Show PRODUCTS OF F f I REACH FIVE BILU BILLI Chicago Feb 6 The 6 The bib follon statement was waa issued today by bys by's r Institute of American Meat Faker Fake I Annual reports report of or packing co contes c up- up to this time Indicate that thit tbt I meat packing Industry in the U Ua t States during durinG the year Just cl d showed an output of ot a A value in excess of oC t Is s estimated that lint the rate rato of of throughout the time Industry aver averaged more than a cent and a halt half hal oa en oa dollar of ot sales Hales Tho The estimate o of the average ra n ral profit is based on reports publicly and on estimates furnish members ot of tho the Institute of or Are Amei me Meat In lit several parts parta part o 0 of country It I Is a fair Calr assumption no other Industry op operates on su U narrow narow margin ln of profit This p comes to only a fraction of ot a cent pound of oC product product The figures given gl here apply on those plants con conducting h or packing or both under federal widely Such plan plants Is are and diversely owned The Tue number of or C companies ope Oe open establIsh b bunder slaughtering or packing under federal inspection is more mou half laH a n thousand t In a addition dlton there are maD ms-fl of or establishments which do carry carn on an Interstate bUtine business business' hen hence e ar not subject subject to Tho The total number numbe of U s-I and packing establishment tho last date for which census enus Si C are available a was 1731 J |