The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-03-17
THE PRESIDENTS REPORT
LABoRED UNDER MANY mi
TIAL DISADVANTAGES.
Owing to Lateness In Starting, as
Large an Acreage of Beets as De-
sired Was Not 0btained-Pro-
duced $4,000 Sacks of Sugar, Val
ued at $4,000.
ESPECIAL correspondence.a

| SuSdI Colupduy was nelQ- yesterday
morning, 2,2O1 shares being represented
either by their owners or by proxies.
The meeting was in the First National
bank building
The election of officers resulted in the
choice OF all the old officers except that
Adam Patterson succeeds as director
! George Q. Cannon, who is no longer a
stakeholder. The directorate for the
ensuing year therefore viii be: David
EccleS, Thomas D. Dee, II. H. Spencer,
Joseph Clark, John Scowcroft, F. j.
klesel, Adam Patterson, j. r. Winder
and e. z. Ellison.
Subsequently the directors organized
| by re-electing the old officers, as fol-
lows: David Eccles, president; Thorn
as d. Dee, vice president; Henry H.
Rolapp, secretary, and James Pingree,
| treasurer.
President David Eccles submitted his
report on the work of the company for
the year, and outlined the plans for
| the future. He first recited the organ
iZation of the company, the contracts
for building and machinery and the
selection OF the site ana the efferts to
get the plant in shape for the season
beet crop, and said:
mo efforts have been spared on the
| part of the officers Of this company in
obtaining a factory of the highest eff
| cheney at the smallest possible cost. OF
course, as 1 have stated, considerable
work is yet to be done, and I apprehend
| that before the structures are entirely
completed the cost will reach 100000.
son account of the fact that we were
| not prepared to go into the field and in
| vite farmers to contract for raising
beetS until late in January or early in
February, and at a time When most
| farmers had already planned or deter
mined upon their crop for that year, We
| did not secure as large an acreage of
beets as we could have wished or han
| died. Another lettering factor in bring
! ing about this result was the fact that
| the enterprise was new to many farm
ers, and they hesitated to launch out
| into an industry of which they had
only small knowledge. But l am pleas
ed to state that 1 have never heard a
single farmer who furnished us beets
last year express any regrets at having
made the start, and Notwithstanding
all the obstacles which we naturally
| encountered, we succeeding in SlIclng
nearly $1,000 tons of beets.
The arrangements for receiving and
storing beets were not as adequate last
/ year as we should have liked, and, as a
resulting consequence, some disSatls-
! faction arose among the farmers. who
J were more or less delayed in weighing
/ and unloading their beets. This waste
| OF time can and should be TemeGied.
aud among the contemplated and neces-
sary improvements for this v ear Will
| be the erection Of additional beet sheds.
and the remodeling of the old ones, as
also the building of sufficient ylaces to
unload, so that the traffic with farmers
i'll and around the factory will be ia
| ctlitated as much as possible. Another
cause Of trouble, which Will be removed
this year, was the delivery and accept
ance of beets at the factory in the name
| of some person other than the cOntrac-
| tor, and the erroneous method adopted
| from other factories) of not giving sep
arate receipts for each load when de-
/ livered. Hereafter not only the facfli-
| ties for weighing and unloading will be
| increased, but such further arrange
ments will be made in regard to the
weighing and facilities for rapid I'M
| loading as shall satisfy all just and
| reasonable persons; and we VIII fuTth-
er arrange for the giving of a separate
receipt for each load as fast as 1t Is de-
! livered, but such receipt must be given
and accepted in the name of the person
who signed the contract for growing
beets, so as to avoid the great amount
OF confusion which resulted THIS year
| from having one person sign the con-
tract, and have beets delivered in the
name Of another.
considering the fact that the past
year completed our initial run at the
factory, I think the output was quite
satisfactory. We produced over o.
! 900 sacks OF sugar lover half Of which
we still have on hand), and all OF
which we estimate will bring US about
$3.50, coo, after deducting freight, eX
penses for marketing, etc. We are
satisfied that during the coming year
we shall greatly increase our output,
and from the very satisfactory reports
l have received from the agricultural
Superintendent, in regard to getting
contracts for beets 1 am sanguine that
this statement will be fully borne out.
In fact with hardly an exception, L
am informed, our beet growers of last
year who were raising beets for us,
have doubled and trebled their acre
age, and so far as the immediate Vi
cinity Of the factory in this county is
concerned, the average increase OF
acreage is three times greater this
year than it was last year.
1.-The cost of producing our sugar was
somewhat increased during the past
year. not only by the fact that acur
anxiety to employ as far as possible
residents of this county at the factory,
we necessarily were obliged to accept
men who had never seen a sugar fac
tory before and consequently We're not
as apt in doing their work as would
ordinarily be consistent with the
proper business management of any
establishment, but we hope to profit In
the future by this present loss, by
reason of having in our employ reliable
men Of our own community. whose IN
terests are common with our own. But
we also had another serious difficulty
to encounter, and that was, that we did
not learn Of the fact that the lime we
had secured from Ogden canyon was
composed of too many impurities to be
of any use in purifying our sugar, until
some weeks afeer our factory had COM
menced running, and we We're there
after compelled to secure our lime rock
from a quarry south of Utah lake, and,
of course, the shipment of rock from
such d distance materially increased
the cost of production.
But ] cannot believe that the noun
tains Immediately surrounding US are
devoid of lime rock of sufficient purity
to answer our purposes, and we Will
commence prospecting for such rock
as soon as the weather will permit, and
hope to be able hereafter to report
that not only the cost of producing may
be decreased to the company, but that
the money expended in that direction
may be received among the people of
this locality.
THE report submitted to me at the
close of the campaign by the secretary
showed that not only the entire capital
stock had been expended, but that be-
sides an Indebtedness of $50, coo 90 had
been created, which amount, of course,
will be increased considerably by the
improvements heretofore mentioned by
me, but if we can speedily sell our
sugar at fair price, 1 see no reason
why such Indebtedness should not be
wholly obliterated by the money thus
received, and if in the judgment of
the board of directors some of the i'm
proVements CONTEMPLATED may with