Iron County Record | 1954-04-08 | Page 3 | Year's Sales Record

Year's Sales Record way contributed $6,700,619 in the form of city, county, school and local district taxes on real and personal property toward the cost or local government. In addition ad-dition Safeway paid $21,231,592 in income, sales, excise, franchise fran-chise and Social Security taxes to the state and federal governments. govern-ments. The aggregate amount of these taxes $27,932,211 exceeds ex-ceeds net earnings available for common stock dividends in 1953 by $15,301,897." The report showed total aggregate aggre-gate net sales of Safewty and all subsidiaries during 1953 of $1,751,819,708 the greatest In the company's history. This was an increase of $112,724,490 or 6.88 over the previous record set in 1952. Sales for 1953 for the company com-pany and its consolidated subsidiaries sub-sidiaries in the United States were $1,602,178,467, an increase of $103,284,251 over net sales in 1952. Net sales of the company's Canadian subsidiaries (in Canadian Cana-dian dollars) were $119,641,241 in 1953 as compared to $140,200,-996 $140,200,-996 in 1952.