Salt Lake Telegram | 1920-05-14 | Page 28 | Sugar Jobbers Abide by Ruling

SUGAR JOBBERS ABIDE BY RULING Palmer Schedule of 1 Cent Profit Adopted I Following an extended conference at atthe atthe atthe the Hotel tah Thursday it was announced announced announced an an- by the Utah-Idaho Utah Wholesale Grocers' Grocers association that they had bad de decided decided decided de- de t to abide abde by the ruling of or Attorney General A. A Mitchell Palmer in taking only 1 per hundred pounds profit on the sale of sugar James Astle president president president dent of the association n. n gave out the information Under this standard the wholesalers will sell sugar for 24 2450 50 at Utah Uth common common cornmon com corn mon poin points ts making a profit of 4 per percent percent percent cent Instead of 5 which was formerly allowed by the fair price commissioner i This Is after they pay the Utah Idaho Sugar company 22 2275 76 with 73 cents cents' added for freight or 23 2348 48 Isaac Isaae Blair Evans United States distrIct district dis dis- attorney for Utah stated yesterday yesterday yesterday yester yester- I day that an effort will be made to hold retailers of sugar to a reasonable profit I of 2 cents a pound This announcement announcement announcement announce announce- ment is made on the report that many i retailers who bought sugar at the old price of ot 1450 before the May 1 rise rIe to I 2348 are selling at 28 cents a pound I According to price quotations given out by the Utah Idaho Sugar company for tor Eastern and Southern points sugar is selling at from 25 to 35 cents a a. pound in St St. Paul Kansas City and New Orleans Or Or- leans