Show COMPANY S SS S S NAMES DIRECTORS Mor Than Half of Utah-Idaho Utah 1 Stock Represented at atS Meeting S S OUTLOOK MORE FAVORABLE Cheaper Labor and Material MaterialS S Will Cut Expenses Expenses- S Money Paid Out r The Utah Idaho Sugar company a aits at atS S its annual stockholders stockholders' meeting yes'S yes yes- CS of S 'S received a report a ter n on the preferred stock stuck of ur 7 pe per cent and elected re-elected directors for foi th the thc ensuing year car as ns follows Joseph F. F Smith Thomas P. P Cutler Culler S' S S. S John Juhn R. R VIn Winder er W. W C. C McCornick S'S John C. C Cutler J. J Grant JohnS Johnhenry John Join i Henry Smith George Romney and andS S S Charles W. W S Tho rho outlook in sugar for or the coinIng coming com coin com I discussed l In his ing InS year was nas I Ito by b General Manager Thomas R. R CutS Cut Cut- to ler er He ito pointed to the tho fact that there S Is considerable casing In the Ute labor laborS while prices for material S promised to be lower Contracts ha had already been placed for tor exam example pic for Cor S sugar bags bas at a a. re reduction in co cost t o of as compared with last year carH car Jt it was as also aso reported that estimates S of or the the- Cuban sugar crop place it at atI tons less lees than last year car am and andS andi I that therefore the recent advances nd i S hu had been ma made c In the lie pi Ice e of sugar and were likely to continuo continue 1 General Managers t. t S There were shares o of the Si S total capital of ur shares represented rep rep- l resented In person or 01 by proxy at the i meeting yesterday Joseph 1 F. F Smith 1 was chosen chairman an rind and II 11 G. G Whitney Whit Whit- ney ncy secretary General Manager Cutlers Cutler's report S dwelt dwell at some length on the unusual I o features of or the past years year's operations which ha had involved increased expenses S in labor an and material Coal had Imd cost S S SC per c cent nt more than the year Cal JH pie pic- Ious The item of or sugar bags J bic bicS S arc are given awa away to lo the tl-a tl trade e involved an outlay of 4 5 The beets paid fur for or totaled 1 3 S tons at nl a cost including freight of or ofa ofa ora a fraction over H 1 a n ton lon or an aggregate ag ng- ng- ng S of ot 18 9 Coal an and S coke cole cost lime rock 52 r taxes taxes- labor 1 The total o outlay exceeded j I t At the time the tho financial l panic nic struck the country countr the company compan hn had S SS said Mr Ir Cutler large amounts of S sugar en route to tho the Eastern marl markets mar mar- S l ets but vc cia lo to lopa pa pay for it as the bills fell ten due This necessitated storing the product until iv It c could uld J l' l bo be sold oJ This meant R addS additional add addi l- l S expense in Interest Insurance an and stol stol-a storage e. e The total product of or sugar durIng S the year car at the s six lx factories of or the k company compan amounted to lo p. p pounds of su sugar l' l in the sack an In Increase liiS lii- lii S crease of or about lOUn pounds S over o 5 5 the year jear ear previous pre 5 S |