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Show BEET SUGAR PROFITS. In the circular sent out by the Continental Construction Company the last running of a 600 (per day) ton sugar plant, running 100 days and reducing 60,000 tons of beets, is as follows: $475,680. This includes interest, insurance everything, even $5 per ton, or $300,000. The expense makes the cost of the beets when reduced re-duced to sugar a trifle over $7.00 per ton. The yield, 13,200,000 pounds of sugar, is, computed at V2 cents per pound, $594,000, leaving a profit of $118,300. This estimate is made for the state of Michi- gan where the yield of beets does not exceed 10 j tons per acre, and 14 per cent sugar. The ac- count says: "In the irrigated sections of the west the result is much more satisfactory, the j tonnage being nearly or quite 50 per cent greater . i per acre, the extraction of sugar is practically 2 per cent greater and the profit per ton of beets 4 handled is quite $2.50 greater than in the east. If we add to the $118,320, the Michigan profit, $2.50 per ton of 60,000 tons of beets worked, we have $268,320, the profj on a 6C0 ton factory in Utah , with sugar at 4J centn. At the present wholesale I price for sugar in Utah, these profits swell to $333,320, or more than 50 per cent on an invest- ment of $600,000, the cost of the factory, and t $50,000 working capital. It seems to be clear enough that beet sugar making is a reasonably profitable business in Utah, that it really takes on the proportions of a great gold or silver or copper mine. It is good, too, for the farmer, giving him a profit of about $40 per acre and taking as much land out of competition com-petition with other farmers as may be planted in beets. , |