The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-12-08
THE TRIBUNE MORNING. DECEMBER g. 1911
Sugar and Butter in
Glass Of Luxuriies

Just why the people OF Salt Lake and
other cities OF the Utah should he COM
nelled TO pay $3.50 per hundred for beet
| sugar at wholesale is a question that the
Wholesale dealers might explain. For
! years there has been sort OF under
| standing among merchants that sugar
Was sold at not more than per cent
profit at wholesale. and that the retail
dealer would not expect more than 10
per cent on his investment sugar.
with the Wholesale dealer there is no
loss, cannot be any loss; ne buys 10 or 100
sacks or sugar, takes il as II comes and
sells IL out 10 tho retail dealer. The
retail dealer in turn sells n by the pound,
the two. five. ten or twenty-five pounds,
ana ~ expected 10 make fair pront
on his transaction.
Yesterday beet sugar was sold 10 local
wholesale dealers At s6.05 per hundred
pounds; the Wholesale dealer asked $3.50
per hundred pounds nearly 10 per cent
profit: in turn the retail dealer asked
the same price. or at least a number
OF them did, as when sugar was selling
close 10 the SS mark A few weeks ago.
ne price Of cane sugar has dropped
80 cents per hundred pounds in the las,
week and tho wholesale dealers so quote
II. but the majority OF the retail dealers
nave not made corresponding rcduc-
Thomas 4. Cutler, manager OF the
night that he believed there would be a
still further reduction in the price OF
sugar and that within few weeks the
old diherential OF 20 cents per hundred
would be maintained
IL Is charged that many Of the retail
dealers on small sales arc charging 10
and 12b cents per pound for sugar
The wholesale price OF sugar in Salt
Lake and In every other city in the.
iinntcrn'onntain country is as low or lower
Ihan 1t is in any part Of the United
states. The merchant. he he Wholesale
or retail. is entitled to fair profit, but
nc should not demand too much" said
Joseph GeogheSsn. sales agent for tho
Utah Idaho Sugar company. tho Anal
snmated Sugar company and the Lewis
Ton sugar company last night.
AZ the present time cane sugar is sell
Ing at s. per hundred pounds and beet
sugar at $3.50. the former having dropped
50 cents during the week. the latter re-
naming as II was n week ago
Next 10 sugar tho people of Salt Lake
are most interested in the price OF but
ter week ago there was a report that
Ihc wholesale price Of butter was TO be
which would have meant a. cents per
pound retail. The report was denied and
the raise was not made Yesterday dis
coast cities that the wholesale price had
been raised. When questioned last night
X J.. Kline. secretary OF the Jensen
Creamery company, said IN the absence
Of Mr. Jensen I cannot say just what will
be done can say. however. that we
will not raise the price OF butter unless
we we nave to. We will protect our trade
According 10 local butter dealers the !
cold storage supply at the present time |
IN The United States is more than 4, 600,
900 pounds short Of what it was this |
time last ycnr and they predict that there |
VIII be a sharp advance in the price OF |
nrst class butter within the next two |
That the Utah and Idaho farmer failed |
N trNins 10 hold up the wholesale price |
Or poultry was demonstrated this week, |
Nhen dressed chickens were offered on
The local market for IL cents per pouns
and turkeys Tor 20 cents per pound The |
ltah and idaho farmers at least many |
of them. had an idea that there was go |
nG 10 be a shortage and that they could |
oct any price that they asked
t'ollowing the Thanksgiving trade the /
ocal market Is little slow and tho
jealers are now preparing for the Christ
mas trade. for which the finest of every
hing in season is promised
During the week there have been but
CIV changes in retail prices. local dealers
luoting as follows: