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Show ORDERS CUT II PRICEfSM Attorney General Rules on Limit for Profit to Retailer and Wholesaler SALT LAKE. May 12 In a rullnff received yesterday ' from Attorney General A. Mitchell Palmer, wholesale whole-sale sugar dealers who make a profit of more than one cent a pound, on sugar and retailers whose profit Is fore than two cents a pound are liable , to prosecution under iho Lever act. The telegram containing the Informar lion was sent to Isaac Blalr Evans. I United States district attorney. The charging of higher profit will not be recognized as fair and reason- able regardless of what price Is fixed by the sugar factories, according to ( the Washington dispatch. Sugar is being sold to the consumer In Salt Lake at slightly more thanwlll . comply with the orders from Mr. Fal-j Fal-j mcr, according to Mr, Evans. Tho ro-I ro-I tall price yesterday was 2S cents a pound. The factory price is now I S 22.7 fi a hundred pounds base, to wnicii is auueu me ireigni. uiuencnuai which in Salt Lake amounts to 73 ' cents a bag. According to these figures, sugar must be sold In Salt Lake to the consumer con-sumer at 52C.S4 or less per 100 pounds. "I believe that retailers and jobbers will be governed by tho order from Attorney General Palmer." District Attorney vEvans saldJast night. "Any violations, of course, will be looked Into In-to and' prosecutions will be instituted against any firms which do not com-1 com-1 ply with the fixing of the maximum profit. Upon request from Washington the .Utah-Idaho Sugar company last night (sent by telegraph a complete abstract of the saes record during the past fourteen months. Analysis of the figures fig-ures show tho following: Sugar on hand March 1, 1919, 987,46$ bags: output crop year 1019-20, 1.339,031 bags: total 2.326,499 bags; sold during fiscal year 1919-20, 1.756, S34 bags at an average price of 59.60 per hundred; pounds; on hand and in transit to ' eastern markets May 1, 1920, when price was advanced to the lowest prevailing pre-vailing market for cane sugar, 303,-S1S. 303,-S1S. According to an official of the company, com-pany, even though this amount of sugar su-gar should bo sold at the recent advanced ad-vanced price of $22.75 San Francisco I base, It would bring the average up to only $11.62 per bag for all sugar sold by the Utah-Idaho Sugar company com-pany during the past fourteen months, or IS cents per bag less than the government gov-ernment allowed Michigan producers and $G.1S per bag lower than the department de-partment of justice stipulated as a reasonable prico for Louisiana sugar. nn |