Ogden Standard-Examiner | 1920-04-24 | Page 1 | Price of Sugar Takes Jump on Pacific Coast

PRICE OF SL1SAF! Cost to Consumer Double Since First of Last ' January SAN .FRANCISCO, April 124. A price of L'O 1-2 cents a pound was set today for a new sugar allotment by the California-Hawaiian sugar refining1 refin-ing1 company to supercede a prleo of 15.3 cents declared April 7. One of tho leading jobbers will turn ovor Its alocatlon of the allotment on a net margin of one cent a pound. The jobbers price was set for "1.7 cents with a cash discount of .2 cents for quick payments. Retailers profits have ranger from 2 to 2 1-2 cents a pound, which will bring tho retail price up to 23 1-2 conts a pound. On January 1, sugar under government govern-ment allocutions was selling for nine" cents a pound. The Increase since that time has been 10,5 or more than j 100 per cent.