Show PACKERS SHOW LARGE PROFITS Reports Indicate Large Pickup Pickup Pickup Pick Pick- up in 1933 Business Business Business Bus Bus- iness CHICAGO Dec 21 UP Three UP-Three Three of the nations nation's leading packers submitted submitted submitted sub sub- annual reports today revealing that the industry is completing a year of striking prosperity Successful operation of the packing firms was in sharp contrast with the producers of the industry the industry the the corn belt bolt hog raisers whose year was marked by bare economic subsistence Swift Co reported a net profit of I Cudahy Packing company I Il a l consolidated net income of 1813 and Wilson Co Inc net earnings earn earn- ings of The report of Armour fc Co other member of the big four among packers was expected expected ex ex- within a few Jew days Each of the three companies which already have submitted their earnings reports showed the doldrums of the previous year had vanished The gain gainin in n each case was sensational Stockholders of the various companies companies companies com com- shared in the returns from a prosperous year car Swift Co earnings earn earn- ings amo amounted to per share a share on preferred dividends of the Cudahy company and 1 75 a ashare ashare ashare share for the Wilson company the annual statements reveal Officials of the companies reported much of the increase in business was due to processing a good share shar of the pigs and piggy sows ordered slaughtered last fall faU when Secretary I of Agriculture Henry A. A Wallace inaugurated inaugurated in in- I the hog control plan in his I I effort to lift lilt hog prices |