Show UTAH IDAHO SUGAR I I REPORT ANNOUNCED Added to Assets I in Past Year I Despite the fact that the annual production of the Utah-Idaho Utah Sugar Suga company was reduced ab about ut bags during tho the fiscal year ending February 29 29 compared with the year yea previous the affairs of of the tha company compan display marks of success success to Heber J. J Grant president of th the company The company's fixed an and nd permanent ass assets ts how are which is claimed to be an Increase In crease of more than over ove last year yea The company comp ny has a total tota of ot stockholder among its em and During th the past year bags of sugar were sold at an average net cost of per bag This Included bagon bags bag on hand at the tho th first of pf the tiie th year I In addition bags of th the 20 2 crop sold tip lip to and including February Feb mary 20 20 1920 at at a n net price prIc of 1087 1081 per bag These facts facts' an and figures were brought out at a meeting of the stockholders stock stock- holders of ot the tho company presided ove over overby overby by by l president Grant Mr Grant stated state that the successful manner in which the HIB he company's affairs had been conducted conducted conducted con con- ducted during the past year yea in spite spit of or all 11 the difficulties that were faced was was deserving of or high commendation He called attention to the fact tact that th the season had carried with it an Unprecedented unprecedented unprecedented un un- drouth and that the company com com- pary pany had voluntarily increased th the price paid to the farmers fo for their thel beets in many sections of ot the country to help them thorn stand the losses BUS sus- sus- sus tamed t I Following the report made by President Pres Free ident Grant the tle stockholders reelected the st me board of directors except t that tha t Stephen II H. Love was chosen to fill flIt the vacancy created by- by bythe the the death of George Romney A meeting of the board of directors will be called this thi month for the purpose of electing of offIcers of- of for fot the next year |