OCR Text |
Show SEVEI DOLUS TON TO BE Pi FOR SUGAR BEETS Salt Lake, Nov. 30. An increase of. approximately one dollar a ton on sugar su-gar beets grown in 1917 will be paid the farmers of the intermountain country by tho Utah-Idaho Sugar company com-pany and the Amalgamated Sugar company. Announcement to this effect ef-fect was made yesterday following meetings of the board .of directors of the two concerns. Tho Utah-Idaho directors met in Salt Lake and tho directors of tho Amalgamated company com-pany met in Ogden. The new contracts authorized at tho meetings provide for the payment of ?7 a ton for the 1917 crop of beets running not less than 18 per cent in sugar contents. No other stipulations were made with referenco to the payment. pay-ment. The officers of the two companies com-panies announced that all growers would be treated aliko, irrespective of present contracts. The price authorized marks the highest price ever ofrred or paid for sugar beets in the intermountain region. reg-ion. It is estimated that the advance allowed will add something like Sl,-500,000 Sl,-500,000 to the bank accounts of the beet growers during the coming year. In making tho announcement of tho increaso In price of beets, the officials of the companies declared that the action ac-tion was taken with a view to permit-j permit-j ling the farmers to share in the general gen-eral prosperity of the sugar industry and the country in general. At the present time the sugar com-, com-, panics are paying the farmers from $5.35 to about $fi a ton for beets, depending de-pending upon the sugar content This year's crop in the intermountain country coun-try is estimated at 1.250,000 tons. With ' the advance in price it is anticipated I that farmers will devote a great deal or attention to beet growing during 1917, and that the crop will be increased in-creased to the extent of approximate-. approximate-. ly half a million tons. j i Sugar beets that test 15 per cent and over will be paid for at the rate of $7 per ton during the season of 1917. according to a decision reached by the directors of the Amalgamated Sugar company, at a meeting held yesterday. yes-terday. The announcement of the increase in-crease in price was made by General Manager LeRoy R. Eccles, following the meeting. The raise, Mr. Eccles said, will apply ap-ply in all of the territory of the Amalgamated Amal-gamated Sugar company in Idaho and Utah and all previously signed contracts con-tracts for the 1917 season will be exchanged ex-changed for new contracts in which the new price Is fixed. ! As a result of the action of tho sugar su-gar company, It is anticipated that the beet acreage in the Amalgamated territory ter-ritory will be largely Increased, and the crop thus grown will be tho most profitable to the farmers since the establishment es-tablishment of the sugar industry in the west. In the fait of 1916, the original contract con-tract price of beets testing 15 per co or over was $5 per ton. Later, the sugar company voluntarily raised tho price to $5.50 and then to $6 per ton, both increases being made before the contracts were paid off. rn- |