| Show Story of f TheY Th T lie Y Years ears ear s Dudar Su Til ar Record in in Utah an and Idah ano I hF year Car looi in ill the beet sugar industry of Utah awl and Idaho Till TilE T goes goe O out le Ic less s of an exuberant feeling than it came cani in inthe At AtHie the Hie opening of the year car and ancl especially in the spring sprin when the planting was under tinder way va it looked as though the farmers of o the two states might confidently rely rd on a crop of loin tn of bus busAs As ls Inte a n at June Junc the fields in every ever district bore excellent promise and no one thought thou ht of placing the crop estimates of the year at a lower figure Then ihen came caine c the thc drouth the mysterious blight bli ht for which the keenest government ts have been unable to find a n name or sug suggest su gest il a 1 remedy the devastating white fly 11 followed and atul when the crop cro were harvested it was found that the acres had shrunken fully 25 23 5 pet per cent eCla As nearly as IS can now be bc learned the total tuta of the years ears cars tonnage e in iii hath both states tates will ill approximate tons The blight fell in erratic fashion It was worst vorst in the Sevier Lewiston anti and districts ogden and ami Logan suffered Garland and Idaho Falls were almost free front from the trouble and aud Sugar Cit City was vas practically Practically cally calt untouched In sonic some districts the farmers farmen loss was almost almust total in others partial partia and am in ill the others other the crop was as greater reater than ever CUT he be before fore Heavy Hea as the lo were verc it will vill surprise some sonic of those who have been Icen diligently engaged in looking only on the thc dark side of the th picture to learn that the tons harvested exceeded by tons tOils the crop of 1904 1104 While many man farmers who lio ho planted beets this year real realized iVed little hittl lit tIc or nothing still the majority must have hac fared fated welt well for or the th records of f the several sugar companies show that thal close to has been paid out for beets beels this year jear as against for Eils never arrive alrie singly and all another circumstance which has ac accentuated the feeling of depression in sugar sl ar circles is the low luw lo price of f refined r l sugar which has prevailed for the past several months at the period too when all the local companies had to sell as much as the markets would consume in order to meet the heavy demands made on them for beets heets labor coal freights frei and anI supplies These low prices averaging I cent a pound below helow this time last Ja t year car have been cell brought about through h a of causes ausel First the thc collapse of an all at attempted tempted cornering of the sugar market in ill France Francc which spread ruin in hi its wake rake caused several suicides and amI threw upon the markets im immense mense accumulations of sugar su ar which had to be cashed at any nn price second se over oer production in iii Europe caused by the high hi h prices of the previous ear cru which tempted the farmers f rs of Germany and France to increase their acreage and as is usually the case to overdo oveido the task and pull down don the worlds prices to their own detriment Tile The causes above abo detailed have had the effect of making investors in the sugar industry quite cautious cautions as to new lIew investments The prom promised factory for Sanpete anti and Sevier and the plant expected to he be built at Idaho will therefore be he deferred another season so that the only new factory factor under tinder construction next year in in Utah and Idaho will be he the one olle at it It Nampa Ida da r It is confidently expected that the fer fertility of o f the time soil in that district will speedily submerge this plant with wilh heels beets and amid show the time necessity l that exists for another in which event the time building of the time factory fl tory will be lie proceeded with along the original inal lines hues All Ihl sugar su ar authorities agree that the bottom has been reached in inthe inthe the time matter of or prices and amlI other depressing influences and mul that thal a n better outlook is assured This view is well ell set forth by the time Louisiana Planter Sugar Su ar Manufacturer of a recent date which sas The Time tragic crash in iii the time sugar market in Paris has had h d the effect of carrying prices below helow auy an normal level leeI and it is now no fair to expect sonic some reaction although the time market responds very ery reluctantly in iii that direction n The present reduced prices of sugars sU ars will iIi almost surely surel in increase increase crease their consumption and apart from that there ought to bean be bc an aim enormously increased distribution of o 0 I sugars ars in iii all the trade channels of the world worl as the stocks everywhere have been depleted depIcted because of the adverse conditions that have surrounded the market n w lW for four foul or five months It is now stated staled that various French factories are compelled to treat in advance with their thick beet heet growers for a reduction in prices or to go into insolvency declaring their inability to fulfill their contracts as already made This is a straw to show which way way the wind blows and it would look a little as ai a if this wind would rise into a gale alc during the time next nest three or four months |
