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Show SUGAR PRICES ARE TO BE HELD DOWN BY GOVERNMENT Sugar may be sold in Ogden during the coming week by retail merchants at about $8.40 to $S.50 per sack. This price will be in conformity with recent government regulations and which set. the wholesale price at $7.25 per hundred hun-dred pounds at seaboard points. Due to a peculiar situation in Ogden, Og-den, resulting from keen competition between up-town cut rate grocers and tho other grocery stores, Ogden people have been able to buy sugar during the past week at a figure considerably con-siderably under $S per hundred pounds while the price in Salt Lake has been much higher, ranging from $S.75 to $9.25. The government regulation of the price will make the consumer's cost about equal all over the country. Local retailers figure on buying sugar at $8.10 per hundred pounds by paying cash to tho jobber or $S.20 per hundred pounds on credit. The jobbers buy their supply under present regulations at about $7.90 which Includes In-cludes a freight rate of 65 cents from shipping points, tho original price being be-ing S7.25. This brings the consumer's cost to approximately $8.50 per hundred hun-dred pounds, or 8V3 cents per pound. Many of the local merchants have a small amount of sugar on hand which they purchased at higher rates and were forced to sell at a loss. Another recent government relation rela-tion which will affect local dealers is that in regard to a license. No producer pro-ducer can sell sugar hereafter without a government license, a measure whiclv it is thought will do away with speculation. specu-lation. Through tho license tho government gov-ernment will control the selling so that hoarding will be eliminated and sugar will not be held In lots greater than rf thirty-day supply. All canners, jobbers, candy manufacturers and oth-' or concerns which require a largo amount of sugar must have a government govern-ment license. |