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Abbott LABORATORIES R. E. HORN PRESIDENT AND GENERAL MANAGER Manufacturing Pharmaceutical Chemists North Chicago, Illinois September 30, 1947 Dear Stockholder: Please find enclosed our check for quarterly dividend number 73 of 50 cents per share on your Abbott stock plus an extra dividend of 30 cents per share. Outstanding products of research continue to enter the market under the Abbott label. Many of the items introduced fairly recently are showing steady increase and substantial volume and profit. Viewed from present indications the annual report of your company for 1947 should be a source of gratification to you. Faithfully yours, R. E. Horn President and General Manager REH:vg Abbott