Show OUTLOOK FOR UTAH EGGS officials ot of the utah poultry producers cooperative association recently completed negotiations to furnish a carload ot of fresh eggs from utah dally daily to a hugo eastern chain store organization ik 1 was announced recently prices to be paid for or tile the eggs according to the tha agreement will be one cent per dozen above the highest regular market price it was made known hy by 0 0 edmonds Edmon dB association general manager tho contract contra 1 et was drawn up during a conference in salt lake between the head ot of theotore thea tore c hain chain and executives ot of tho the poultry int ln eluding mr edmonds and benjamin drown director of markets at now york As a result ot of the arrement ag rement a constant outlet Is afforded about one fifth ot of commercial eggs at prices lot lit least one cent higher than could be secured on the open malt market ket the identity of the tha company and its representatives presenta tives were wera not disclosed the store chain involved in the deal embraces over 1000 unit retail stores the utah eggs will be sold by this organization direct to the consumers utah eggs because ot of their superior quality are already receiving premiums unis over over the tha regular market prices ot of e agga egga digs ia I 1 the tha east under the agreement with pith the tha chain stores these high premium prices will be increased by one cent per dozen for or one carload ot of eggs each day the contract with the chain organization calls for day old eggs meaning the eggs must be shipped not later than 24 hours after they are laid like all utah eggs handled by the association they will be carefully graded and packed wid and then sent to the market via fast freight vie the contract Is cited as high tribute to tho the fine quality and some worth ot of capital stock in tho the utah poultry producers cooper ilive association held by member pro dubers dacera will bo be retired soon boon on a par value basis ot of per share it was wak announced recently by clyde C edmonds edmonda association general lila manager hager tile tho stock will be retired in the order of its issuance authorization by the board ot of dl di to buy up at tho the full par value approximately shares ot of the poultry organizations stock places in motion the revolving fund idea to obtain working capital put into effect about five alvo years ago several hundred producers are holding first issue stock each year hereafter between and worth ot of the stock distributed by the association will be retired the oldest issues always being called in first retirement after five years of the associations frist stock at its ita full par value brings to don a fond dream ahto entertained many years ago by the associations founders the revolving fund theory artinal na finally put into practice was briefly explained by mr edmonds as follows since working capital Is needed by tho the association a fund la Is built up from an accumulation of one cent per dozen on all eggs handled by the organization and in return tor for this deduction producers produce ro are given capital stock bearing interest at tho the rate of eight per cent per annum until recalled the stock represents the producers respective equity in the state association the fund has reached a good working size and will thus be returned to tho the members as it continues to re ac cumulate retirement Hotl rement of tho the first shares of the associations stock and announcement of a policy to retire between and shares annually h henceforth puts an actual par value on nil all ot of the shares ol of stock now standing ft renco ot of social work will be in charge ot of the program on oil friday the evening entertainments will be tree free to tho the public with the exception ot of tile tho play on friday evening on monday night the 13 Y U concert band will give a concert on tuesday ev evening nang the ladles glee club win will appear in concert followed by a lecture miracles from the house of 0 magic by dr it T plumb electrical ot of tho the utah product as well as an indication di that conditions ot of the industry are not as bad as some people would have the producers believe when tho the head of a gigantic chain organization will come all tho the way to utah to buy eggs and then agree to pay a premium above the highest market price the outlook tor for utah eggs Immedi immediately atey improves engineer of salt lake laho city on wednesday too the male mala gleo glee club will give a concert followed by an illustrated lecture mexico yesterday and today by president F S 11 harris arris while on thursday evening B D Y U symphony orchestra will appear in a concert featuring the russian hussian basso mr isadore Delars kr |