| Show THE SUGAR DECLINE the price ot of sugar r continues to decline having been gradually going down since the peak price was reached april 23 ol of this year the highest basic price ot of the year was a bag and it Is now less than that the quotation to wholesale dealers be ing a bag by salt lake manufacturers rs wednesday the freight rate from san francisco Is added to the basic price local dealers predict that the th e price will not be advanced between now and the putting ot of the new beet crop on the market in october on ta ehg 13 M oi arary there generally Is a reduction at that time last year sugar dropped 75 cents a bag during september tie the beet crop of utah and idaho Is a little better than last year but hardly a normal crop according to those who have been watching this crop for years however there Is a larger acreage especially in idaho and with the improvement in the crop crop there the crop in the two states this year should be about 25 per cent greater than that ol of last year manufacturers have been unable to account tor for the continual decline in the price of sugar the reports of statisticians as published indicated that there would be a shortage ot of about tons and this has proven to be as nearly correct as statistical estimates can well be the consumption during the first six months ot of this year was about the same in the united states as during the first six months ot of last year later figures not being available sugar prices are watched closely from two angles that ot of the housewives who buy it and that of 0 the pr arp 9 dubers producers include the manufacturer fac and farmer the lower prices ot of sugar during the last few months have undoubtedly meant a 11 material saving to many thrifty and careful housekeepers but they have also meant a decided loss to thousands of farmers it is estimated that the drop of a bag since april 23 has directly affected at least farmers in utah and idaho the price of 0 sugar now determines the price to be received tor for the beet crop ot of last year the reduction has taken 50 cents a ton off the price to be paid by the factories tor for beets there were about tons bought which means a loss to about tanners farmers ot of approximately with housewives saving about 6 a year on their sugar bills and their country cousins losing 60 each on their beet crop it Is not unreasonable to suppose that the mourning over the drop in the price ot of sugar will drown completely all sounds ot of rejoicing then of course this is but the farmers side 0 of the story the manufacturers rs also lose and those who have invested their money in this industry suffer accordingly exorbitant prices for sugar certainly are not to be desired but there are two sides to this question as to most others the raising of beets and manufacture of sugar Is an Im important t industry in utah and idaho and should be encouraged and supported in every way possible tribune |
