Salt Lake Herald-Republican | 1911-12-09 | Page 21 | Up-down-up-is Career of Butter

UP DOWN UP UP IS IS r CAREER OF BUTTER HITCH Price May Soar Next Week y Market Goes Up in inthe inthe inthe the East AVIth time the rise in the wholesale price of butter In n Chicago It Is quite probable that a corresponding increase n will be be- made mad In Salt Snit Lake next week weck This was Mas the belief expressed pv Ida noOn c by bY W R F Jensen president of or orthe the time Jensen ry Crean company compan who has just returned froth from a trip of oC two t or three days das to Idaho The fhe price of oC butter hero here Is lower loner than anywhere ell else In the tho countr country sal Mr 11 Jon Jensen Jonen cn and I 1 cannot say sav definitely definitely how lon long we will be able ahlo to maintain It We c have a already road lost sonic some shippers in Idaho where pra practically all allour allour our OUI sUJ supply pl comes nom from and we will likely lose more at the tho present quota quota- I cannot sa say definitely but I am am amor of or the opinion that the tho price of fancy butter will be Increased some time limo next I week Tho The whole wholesale price Is now nO 35 cents cent and It If the Increase goes into ef effect effect effect ef- ef It will be to 37 31 or 38 cents This vs will ill mean the time I. I retail tall will be 45 15 cents or two pounds for tor 8 85 cents But ButI I believe this Is as high as It will go this winter The proposition to lai raise e tho the price of oC butter has haM be beer been r. r In the balance for more than a n week On December 1 the local dealers In creamery goods g determined on un a raise of oC the wholesale price of fancy raney butter tho the following Monday from Crom 3 35 to 38 cents At H that time Mr lr Jensen made mide tho tiro statement that this action was found necessary lJ because cause of the general shortage o In the thc production all allover over oVel the United States He lie stated staled that other cities already had hind Increased the price and quoted the conditions in ht NewYork New NewYork York Chicago Denver Den and Butte Dutt Time The next day the wholesale quotations quotations quota quota- of or butter In inlew ew York dropped 1 cent and the local dealers decided to postpone the proposed raise here for Cor a week at least While the present quotation of or butter I Is slightly In favor of the tho Salt Lake Lako consumer as compared with the east the packages here contain only onh fifteen fUte-en ounces while In the other cities sixteen sixteen six six- teen ounces Is Bol sold a