New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-01-06

sugar. and taking . long breath. exclssmee- - ses~
that ts r Not understanding ~ the memens "hRs Inv
mesnt I asked him, and no answered x knew +" -
refined from sugar because can Just de'sss my
,s,n,est trscs Of the sne peculiar 70 beet sugar. we
took sample Of this refined sugar to iesdins sugar
chemist and his certificate. which you have gives inc
results 100 pure cane sugar-thus oeIAonss"s' ~
the fact L. that beet sugar can be rennso oy
Freunds process easily, and With The same results ~
cane sugar. feature OF immense importance IN en-
HANGING the value Of the process bearing In nina also
that renners DO not refine beet sugar alone.
but are obliged mix cane sugar largely win oee'
because the stink which attaches 10 tho syrup resulting
from beet sugar when refined By ITSELF renders the
syrup unstable and valuslesa
AN ARRAY OF STATISTICS.
The following figures give an idea OF the
financial position of the company as nearly accu-
rate as could be CLEANED from the sources OF In
formation available yesterday. The capital stock
was 10, 900 shares Nearly all the stock disposed
of in England was sold in Birmingham ana
Liverpool. Outstanding stock on Octooei
/, 1855: Held by American stockholders ''So'
shares held by foreign stockholders, S3 shares
OF the 7207 shares held here 5,250 Deiope 10
But as they were presented with much OF tlls
stock by the company for services rendered. tnere
were not more than from $50 TO 400 snares
sed here and they are stock is as The
Tribune stated yesterday, widely sceuered aIa
In small quantities, No less than b2S Engnsh-
men took she--ss- in the company; has ,.c.,ved
H. is estimated that the company mas feceNeu
saHo ooS for shares The liabilities Of the com,
pany are practically nil, so that they WIN meSS az
demands upon them ,s and on word ord comes from
Hirmna ham that many OF them there are peop ne
NJ small means The swndlsrs received Sloo,oS ~.
out of the $3.50 This was given ESs vs IS.
terious and secret machinery that produced rehnea
sugar out of raw material by electricity, ~. &,
Mr. Robertson says that after a rd aco%o o IL
was found that he had been spending nioney
layishlv' and that that shook the confidence
OF the promoters Of the company HUE
MYSTERIOUS BUYER OF STOCK.
Another curious phase of yesterdays devei
opments was that while Robertson was peins
questioned by a number OF reporters, al eiuery
man in clerical looking attire came among mem
much as q certain person appeared among ano'her
company. as recorded in the biblical nook
Of Job. He listened to the questions
ia orswors and occasionally put in his car
Somebody asked him who he was, and what was
bis business.
Presently he said to Robertson or wna' "i'
shares in your company worth To-Day
Not a cent said the treasurer, frankly.
What will you sell me some lori ,;s,s.a
II don't know. What 40 you leei a'sp'''D
I'm not going to make any BIDS" ,... IN
At this stage the matter dropped but ate. ~ ~
the day Robertson assured some more repptr.r .o
that he actually sold the shares At SIC sharc:
Uc wonld not give the name Of the purchaser, put
nobody except the teral-ooking man was
met or heard of who seemed to be eager 20 0 tSc
Shares were quoted in England, ACCORDING 10 G J
oahie or tbirfv sbillnas But Mr. Robertson de-
elared that they were NJ at three pounds or sla'
81 better than on Thursday. -,
1t was, indeed, day OF strange th'nes nster
surprises and strange whispers IL was Tl'f in
suggested that certain persons, IKE the Iauy ia
the play. did protest too much and IT was more more
than limited that some o! The peop,e wno WI
had not so much of the fool as OF the other sort
about them. - ;r.,r
All Of which was nightly amusing ana NIL
esttnr 10 the Wall Street gossips, and highly
diverting TO the outside public. but cold comi1re
10 the poor shareholders, among whom sniiieo
and words of hope were not to be 1ouhu