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Show Gunnision Sugar Company Offers High Contract Price Again Leads Other Companies With $6.50 Possible Minimum Following a meeting in Salt Lake City Monday, with the Utah Sugar Beet Cooperative association, announcement is made that tha farmers in the territory served by the Gunnison Sugar company will receive a minimum price of $6.50 per ton for beets provided that the acreage in Sanpete and Sevier counties reaches a total of 7.00C acres after thinning. If less than this figure is grown then, the minimum mini-mum price will be $6.00 per ton. In addition, the 50-50 participating scale for additional payments will be effective. Other companies operating in Utah and Southern Idaho have offered of-fered only $5.50 per ton unless the price of sugar during August, Se,v tember and October exceeds ?4.30, in which case $6.00 per ton will be paid. In keeping with the past attitude of interest in the welfare of their growers, grow-ers, the local company has made iia liberal offer which was considered impossible by other larger companw-S ar,d following the announcement in the east that fifteen of the seventeen beet sugar factories operating east of the Mississippi river will . not take contracts this year but will shut down and wait to see if the price of sugar warrants operations of the plants in 1932. The program announced by the Gunnison Sugar company places this district in a class by itself as regards the sugar business this season and will prove a great stimulus to the fair dustry locally and to business in general. gen-eral. The unanimous opinion expressed by representatives from Sanpete and Sevier counties attending the Salt Lake meeting was, that owing to tha liberal offer made by the local company com-pany and the outlook for low prices of other farm products, that a total acreage of 7,000 acres would easily be grown by farmers in this district so that the contract price offered in this district is practically a $6.50 contract. con-tract. Sentiment was also expressed at .the meeting that it was figured that the purchasing power of $0.00 during the year 1031 would be equivalent (.- $7.C0 during 1930, so that the prici offered this year is really in excev.i of last season. It is of paramount importance u the economic welfare of this valley that farmers and business men tako action that this year may be the record rec-ord year in the production of sugar beets. Heavier production of sugar beets looks like the one way to iti-: iti-: crease cash distribution in payrolls ! to growers and labor, and the on' ; that will most likely bring back normal nor-mal economic conditions to our var- ious communities. |