New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-09-06
GROCERS AND SUGAR TRUST
DEAL FOR EXCLUSIVE WHOLESALE PCk-
CHASE PRACTICALLY CLOSED.

II &c renorted that the deal whereby the
wholesale grocers arc 10 purchase refined
sugars exclusively Of the American Sugar Re
fning Company-otherwise the Sugar Trust
has practically been concluded. The following
will be printed in 'Wall Street Topics to-day
The Sugar Trust has made grand coup IN TN, the
sugar trade BY its deal with the whQSsae e1V'ea
cent of the consumptive demand; IT has n2ade IL
80 grea an OK ce - ' Mat tbey have no reason
10 buy from treat with the indtpehdent r.
neTs A. %c be me ,J mIs to handle The
Thc trust has put it to tie wholesalers in this
way: II they buy exclusively of the trust, prices
will he guaranteed. and, besides, they VIII get a
l viii NOT get this discount The hide
pendents would be glad to grant the same terms,
bur tbcir combined capacity Is not sufficient to
meet the consumptive demand, or more than half
meet it. We're their total possible output taken
by The wholesalers; the wholesalers still would
have to rely upon the Sugar Trust for as stated
onc-h,f Of their requirements ,. 49,,
the difference. for they cannot he imported at me
present difference between raw and refined sugars
Furthermore, good care Will he taken not 10 iet
this difference become so large as to permit inc
bringing in Of f2reign sugars II Is as mVC &c rho no
Sugar Trust to keep out foreign sugars 49, -.
The Sugar Trust has bargaineI win me ~ Nar
to have all the wholesale grocers In the agree
mfnr WIN %Tbrors berse h whoesScrs furnish The
retailers with their stocks Of general goods. and
wise because the rctdlcTS TtiE upon TIE NIOit-
salcrs for the credit necessary 10 the carrying
ON of their business In other words. the retailers
could not afford obtain their sugars from the
indenpndcnt refners were the Independent re
liners to offer sugars them al prices lower man
they could procure these sugars from the whole
sailors. +, .
desperate one. The Sugar Trust has thrown over
board the Mollenhaucr and National concerns. with
which II worked I'm harmony before the building or
the Arbucke and the Doscher (New-York Sugar
refining Company rcfncrcs. They are III the
same boat with Arbuckle and DOschcr
There Is q proposition to join the independent
concerns in one company but that would not APP
nrcciahlv improve their situation. So long as
ihey could not collectively turn out sugar enough
for the sentre consumptve demand, which the
trust is able To do. they would not be able to Orcr
10 the wholesalers the same advantages as the
trust. . 49,,
There would seem to he but one end 70 the
matter The trust, apparently, will take in the
indepcndent refinerics on It's own conditions IL
may let Arbuckle Brothers retain their cotec busl-
ness and may, I'm addition. hand over its own
coffee business to Arhucke Brothers II went
into the coffee business because the ArbuckleS
went into the sugar business. II the Arbuckles
give up the sugar business II Is fair to presume,
and indeed II is understood. that the Sugar Trust
Will he willing to give up the coffee business. The
Arbuctes made millions in coffee before they had
the competition Of the Sugar Trust they cannot
have made any money in sugar