davidaulloa/AmericanStories huggingface dataset:
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-23

Of the less prosperous part OF our COM
munltles. We will remind our readers
OF the advice given by our great pio-
neer and leader. the late President
Brigham Young. about cooperation In
taking hold OF:
u. Remedies for the farmers finan-
ical bcttcrment.
c. Home Industries. manufacturing.
farmers raw products; and thereby
create
ID. Home market for the farmers.
AZ Bishop Il has for many years
been my duty and interest. both to
study. and practically TO carry out
such material improvements In my
ward. as were. and are today. the adj
vice Of our prominent leaders. TO do
whatever would Improve the temporal
welfare OF the people. In these en-
dcavors we have come to the conclu-
sion rs one OF our main objects at prcs-
ont:
!. As we now have proven to n cer-
talnty that In sanpete and SEWER val
leya, We can produce any necessary
amount OF best grade Of sugar beets:
2. That many hundreds Of rational
farmers In these valleys are ready, Will
ling and able to furnish local beet
sugar factory OF any reasonable ca
paclty with the necessary raw material.
.. That more than one hundred mill
~ imported 60 the United States. and
besides the consumption Is steadily In
crcnginR.
4. That capital Ii willing and ready
20 invest IN this remunefatlve and
promising industry. and
9. That labor and capital agreeably
invite one another to 10 ahead with
this most sure and steady. for the COM
monwcalth. financial Improvement. And
finally:
9. AS our efforts are looked upon by
existing establishments Of the cane
sugar Industry nv intruding compete
tors, we appeal to the common Interest
OF the people. to sustain US for their
own rake.
These well ripcned plans are now
ready for execution In the Sanpctc and
Sevier valleys. advised. urged On and
encouraged by prominent leaders
amongst the people
CHRISTIAN A MAngEN
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-23

The average for sanpetc. 1898. purity.
Si.63. per cent sugar In beets. 1895.
The average for SEWER county. 1888.
purity. H.2': per cent sugar In beets.
1926.
The average for sanrete county, 1893.
purity. S2.22. per cent sugar In beets.
1895. The average for Sevier county,
1899, purity. N.51; per cent sugar In
beets, f5.2f
Mr.. Fosters article concludes:
Quality Of Beets.-The results OF tho
past three seasons tests have demon
strated beyond a doubt that in the mat
ter Of soil and climate Sanpete and Sc
vler counties are exceptionally well
adapted TO sugar beet culture. In this
respect this section OF the state with
the exception ~ slight difference In
the length OF the esnson, Is equally as
well suited to the establishment OF tho
sugnr industry as those localities where
factories already exist.
That the people may be relied upon 10
grow bects In sufficient quantity to sup-
ply factory ls shown by the very gem
eral Interest taken In the past seasons
test. a large number voluntarily assist
Ing In the experiment either by ex-
pertinent by contributing funds or
growing beets, and by the desire al
ready slgnlfed by so large a number
10 contract for growing specified
acreage the coming season.
Fuel.-Coal OF good quality n plcnti-
full In that part Of the State and may
be obtained In quantities required for
running a factory at prices ranging
from 81. 80 to $500 per ton.
Limestone.-Pure limestone Is an
abundant article IN both counties and
that suitable In quality may be found
within easy reach Of any point where
u factory II likely to be located.
Pure water.--Whiic there IL not an
excess In the water supply OF this re-
glon. plentiful supply FOR factory pur-
poses may be arranged for Mt any 1oint
whore the conditions are otherwise ia
vorahle for h factory location.
product would not diner materially
established In the state.
well prepared to make immense use OF
all the pulp n large factory could pro-
ducc In feeding dairy herds or In fat
tcnlng steers ard sheep.
Special Condltions.-Bcct culture IL
most successful under a system Of in-
tenslve agriculture and really requires
~ for best results. The average hold
ing Of the Utah farmer II small. COM
pc,llng him 20 practice methods OF In
tcraive culture II II supplies him a liv-
Inc, thus giving conditions exactly suit
ed TO the bcat results In growing beets.
In conclusion. the natural ana special
conditions In these two counties and OF
Utah generally for the successful estab-
llshment o. the beet sugar Industry, arc
not cxcclled By any other section OF tho
West.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-23

strong and earnest appeals both to the
American people and to the government
80 thit the Industry might be encour-
aged. and II has helped very material
~ In such efforts to pave the way for
the further extension OF the business
In the United States. but It is deemed
oppor'une In view OF the present condi-
tons to make further organization
ana embrace not only the beet sugar
Industry. but also those organized
whon" welfare IL affected by the future
course that shall be adopted by our
great government. IN framing Its senti-
ment IN regard TO the annexation OF the
productive islands, particularly OF Por-
10 Rico and Cuba, the latter alone be-
Ing capable OF supplying the United
states at least with all the sugar II
oonrumcs. II II true that through the
process OF the late war. the Cuban plan
tatlons have been almost ruined and II
VIII tnkc many years before an organi-
cation u the material resources OF the
Island can be perfected 80 that II can
regain its former prestige; nevertheless,
the fact remains that Its climate and
resources are wonderful for the produce
ton OF sugar. tobacco. etc. In view OF
this II IN necessary that the sugar in
torcsia Of the United States shnil COM
bine and present the unvnrnished facts
nH they actually exist 10 the people OF
this country. 80 that they may UNDER
st ug; II sugars and other products
shall be thrown into this country duty
free.
THE SUGAR TRUST.
Perhaps one OF the most dangerous
rneinlcr that the sugar interests viii
have to contend with In the near flu
turc IN the great Trust. which Ii sim
ply reiiner OF foreign sugars with
Its enormous capital and surplus II IL
able to scour the whole world for cheap
sugars. the benefit TO this country from
which only occurs In the refining proc
tss ut the rate OF perhaps 30 cents per
ton. whereas, the beet sugar Industry
gives employment to thousands. not
only to agriculturists. but creates n de-
mand for all kinds OF machinery. tools.
horses. harness and everything that In
used In the industry: and when we real
fze that the United States IL the great
est sugar consuming country Of the
world. We can see at a glance what this
must mean. The consumption the pres
~nt year will amount 20 perhaps 2h
millions OF tons OF sugar. OF which Ila-
wall and Louisiana Will not make more
than lilo leaving nearly 90 per cent of
all the sugar that iHed to be brought
froin foreign COZ In the past ten
years tho mum beet sugar In
dustrles In the a. 4 States have only
grown to 81. which are enumerated as
follows.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-23

ready four cars have beecn received.
The foundations and piers on the out
side have been nut In as far "a pfacu-
cable. The brick work and foundations
for. the new lime kiln will be finished by
Christmas and II Is his intention to
continue work Just as fast as possible
after the factory has closed Its sugar
operations. which viii be about the
Goth OF January next. MS he realized
that the company VIII have all that II
can do TO prepare FOR the immense crop
that II hopes to have next season. Con-
tracts are rapidly being made for bceta
and with the early snow falls which
pack the snow In the mountains the
farmers feel quite encouraged and have
increased their acreage. lie considers
that the season that is drawing to
close most remarkable one for the
Utah Sugar company, because OF Its
long run and the starting ~ It's plant
at Springville The tonnage cut there
each day has averaged more than 400.
on the Nth OF the present month the
Lehi factory cut 535 tons OF bects, with
a corresponding turn out OF sugar.
Because Of the sugar war In the East
between the trust and private refiner-
les, sugar has been sold all the season
at not less than 10 cents per sack low
err than last year. When this remark
able war OF sugar giants win cease no
man knoweth. but II 1t should In the
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-23

Enormous Strides During 1890 Manager
Thos. r. Cutters Views Dangers of
Free Sugar Competition From Cuba
and Porto RicO-The Beet Growers
Profits Article by Supt. Geo. Austin Of
the Utah Sugar CO.-OutlOOk for 1900.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-23
SANPETE AND SEWER.
Their Farmers are Ready TO Enter
Extensively Into the Beet
Sugar Industry.

A. Farmers financial and CONNER
cial conditions In general
II you travel through our southern
valleys and scan the appearance OF our
towns and villages. you discover n
great deal OF difference In quality and
costliness OF homes and their surround
inss. In architecture, gardening. ap-
piiances. OF modern improvements and
convcnicnces. etc; In all. you see the
many grades from poor to rich. II
you inquire who lives In this fine
houseY Is II a farmer? No. And
next you come TO n log or adobe house.
You ask. Does here reside n farmer?
Yes. And In eight cases out OF ten
You md the farmer In the latter con-
dillon.
without entering into a long argu-
mcntatlon OF what might be the cause
OF such differences In financial condl-
uons or how TO remedy the condition
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-23

m. enormous strides the beet sugar
.In,,ry in Utah In making can be well
r,.,,,a,ed by brief statement Utah
...,.bly consumes. annually. from
'l,h,een TO twenty million pounds OF
,''sulatod sugar. The cost OF this TO
a, peoplc is over one million dollars.
"A az which has hitherto been sent out
a, the State. The year 1893 witnesses
, .roductlon from our two sugar fac
,,,es which will almost supply the To-
al demand. The Utah Sugar COM
,,ny will turn out over thirteen mil
Nan pounds. The Ogden sugar fac
,.ut uroduce Ave million poIndg. a
pU W." -... ,,,,,,,o,. NJ, yaor
is,al OF e'sn''e" '''."o"s, 49, -,
he estimates are that the LEM rae
TONS output N'i reaen 'wcnV '''
lons' WV -, ,aar. ,,,, row r,,r.
n''No",, - A.. 49, ,o,,.,,, o,,,.iso tho
hts VIII nave W w so's", o.'s'u' W
State. a great part or Montana mas
-. ,ou,apv and ARRANGEMENTS
s'sA' -, 49,. :,
lave hlrchuS peen "'nue Wy ""'e" NJ
l,ast 100000 worth OF sugar VIII be
.,i,,ed there next year. Thus. In 1900.
~. -, o.. axn,, ,ha, not
u hot 'oo "'"o" W $50. ~. "''
only Will the million dollars hitherto
,.nt away for sugar be kept Mt home.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-23
PROFITS IN BETS.
The Year 1899 Has Been Great One
for Farmers ~ Well as Factory.

The year Just about to close has been
a very favorable one In Utah for the
sugar beet industry. Nine years ago
Il was not known whether or not sugar
beets could be grown successfully In
this high altitude. Many predictions
were made both for and against sue
cess or disaster that might overtake the
Industry. In the face OF all TINS COM
many was formed that had the nerve to
build and equip the most modern beet
sugar factory in the world. and the
results that have been attained both In
the growing OF the beets and manu-
featuring the same Into sugar are very
gratifying.
Last spring the Utah sugar Com
pany contracted In Utah and Salt Lake
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-23

Mr., Cutler has been visiting In Michi-
fan where eight new factories are In
operatlon the present season, and he
slys quite number more are project
%, though the high price Of material
may have something to do with their
erection In 1900. He further said to your
correspondent that many OF the nc~
factories were little disappointed In
hsir operations this year partly on ac-
count OF the lack OF experience on the
part OF the farmer. and partly because
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-23

Thomas r. Cutler. the to whose ability and enor
Ky much Of the OF the Utah Sugar Co due.
is an Englishman by birth, having been born In Shelf
field, Yorkshire. In 1874
He arrived In Salt Lake Valley In 1854 and for some
time worked In the canyons ana at farming for iivel
hood lie moved TO Lehi in the later sixties and be-
clerk In the store OF Thomas and William Tay-
Tor. lie organized the Coop store at Leh. and under
his management II became Of thu leading mercsn-
tile institutions OF Utah County He held his position
III the organization OF the Utah Sugar company and
having taken prominent part In Inducing that COM
pany to locate factory In Lehi. he chosen
nger OF Its affairs a position which he has
occupied.
The present Is the ninth campaign OF the Utah SUI
gar company Gnder Mr.. Cutters management the first
having been made In 1891. He has had the graft
cation OF seeing the output OF the factory from
igsO0 pounds In that year 900 pounds in
the year Just closing.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-23

the season has not been one OF the best
In the whole OF the United States.
THIS YEARS RECORD.
There has been partial failure In
California, though the American Beet
Sugar company OF oxnard and Chino
have had a remarkable run Of sixty-fvc
days. their beets having had an aver
age polarization that Is perhaps a high
eT average than has ever been before
In the United States. but their crop was
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-23
Third quarter. 1899. ..e.ii3 100 S92i,6sO. 20
Tim quarter, 1895 =. 2i5,SiO 9Ss91 80

Increase 90. ........2.lSS. $50 sS22. 7SS. II
During october. November and De
cember, up to date, the business has
generally shown an Increase, although
the gain has been less marked than
during the earlier months. just now
the market IN In an unsettled state and
the business fuctuates from day to
day. amounting sometimes to $4,000
and then dropping of to $4,000, but
averaging well.
Early last winter when the spirit of
speculation ran high, prices were sent
up To an altitude that could not be sus-
tanned. and In consequence OF this there
has been heavy decline In prices
among nearly all stocks except dividend
payers. The shares are now down to
their actual value and IN many cases
have been forced much lower than the
price they should reasonably bring.
Summarizing this years business. IL
may be said that II shows net gain
over 1898 of approximately 100 per cent.
the increase obtaining In volume OF
business, represented by the cash
value OF the stocks dealt In as well as
the number OF shares.
The following quotations on Deem
Dor I, 1895, and December |, 1899, will
show the difference In the market
year ago and now.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-23

YEARS BUSINESS ON THE STOCK EXCHANGE.
From photo by Savage.
! +++<+++++++++++++++++++%>

The Salt Lake Stock and Mining Ex-
change has now been In business near
ly four years and during that period the
business done on its floor has reached
immense proportions. In 1891. the total
number OF shares sold on the exchange
was 6e2,i7O. aggregating sl9S Gi5.i7 Last
year 3.s26i shares were sold. bring
lng $1,000. 969i9 and It was generally
believed that 1899 would do no
more than hold It's own. But
January opened up with 1866
sos shares sold for 5000 7s6,Oi and
February followed with 2.s9,.3S shares
sold. bringing s759.S2s.3i. The gain con-
tinued ON through the spring and SUM
mer. the last report presented by the
secretary being for July. August and
September. the showing being as fol-
lows:
Shares. Value
July. is99..... ...... 1868 S259.2IS. 70
July. 1885,. .......... ss,555 3i.2iO.6j
Increase ~. ...... Gi9.92j S22s. O3S 10
August, lss9..... So. SOi, go 2ol,sl1, 90
August, 1885,. ...... 1875 32,3iS.9 90
Increase ....... -. 75e, $50 S2is, est 81
September. iSe9.,.,. $1,000 3sll2S.i5
September. 1898 ,.,.., 10000 3S.SSf9o
Third quarter 1890. ..e.ii3, 100 2i,6sO.7 20
TIM quarter, 1895 2i5.SiO sS,s9'59
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-23
THE BEET SUGAR INDUSTRY

only about onc-haif OF what they hoped
II would have oecn. Oregon has had
year. The Utah Sugar company's crop
averaged twelve tons OF beets per acre
on 400 acres. Ogden has also had n
fair run. but the Eastern States seem
TO have suffered the most a. there was
a lack OF moisture during the months
crop In Europe II very good one and
they are seeking for foreign markets.
An opening has been made In japan
for the sale q German beet sugars.
The whole world are seemingly being
educated In the use OF sweets.
IMPROVEMENTS AT LEuL
Mr.. Cutler states that the machin-
cry for the enlargement OF the Lehi
factory Ia rapidly being forwarded; al
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-23
CHRISTIAN A. MADsEN.

From an article by Mr.. Luther Foster
OF the Agricultural Experiment station
1T Logan on sugar Beets In Sanpetc
and Scvlcr Counties" We gain the In
In both counties have been submitted
TO the Institution for analysis In 1897.
1895 and 1899. The results are shown In
an extensive series OF tables compiled
by Mr.. Foster. from which we gather
tho following:
The average for Sanpctc county. 1897,
purity S3i2. per cent; sugar In juice
i5.ss. Average for SEWER county. 1897.
purity. si.O1. per cent sugar In Juice.
1876.
The San Francisco call., 1899-02-26
ASSOCIATED BANKS STATEMENT.

NEW YORK, Feb. 25.-The Financier says:
The bank statement for the week ending
February % is remarkable in that 1t shows an
actual loss in cash, the first noted for some
weeks. The decrease is small, but coupled
with the extra reserve requirements, necess
tated by the expansion of nearly thirteen and
one-half millions in loans, the result has been
a decrease of four millions in surplus, bring
ing that item to thirty and one-third millions.
AS the banks gained cash, the increase in
deposits amounting to S12, ,963, 900 reflects bank
ing credits due to loan operations Taken
whole the statement does not differ much from
what has been expected. The banks lost heav
lily last week to the interior and they were also
debtors to the Treasury Conservative esti-
mates had figured these losses heavier than
shown by the statement, but the increases in
loans and deposits, on the other hand. were
large enough to bring about predicted results.
Stock Exchange requirements. and in lesser
degree to the multitude of Industrial combina-
tions now being completed "A detailed analy
sis of the statement shows that there has been
cial operations. but the loan can be traced
to five or six of the largest banks. 1t is note
worthy that institution which reports
$1,000 900 additional loans shows a reduction
of 1900 600 in specie. Incidents like these tend
to make elucidation difficult many fac
tors enter into the calculation that 1t is al
most impossible to trace them. In larger
sense, however the exhibit makes for firm
ness in money. temporarily at least 1t is
quite likely that the statements of the past
detail in the future, and that unless rates
harden perceptibly the excess reserve will not
be increased. The extent of its reductions de-
pends to certain extent on the amount of
ter for interior needs on continuance of pres
ent Stock Exchange transactions
The San Francisco call., 1899-02-26
THE SOTCK MARKET.

Mining stocks declined last week and the de-
probation considerable, will be seen
by the appended table. The feeling yesterday
weak. The daily report from the pump
follows: I'VE are now able to keep the
water at IS feet below the 1850 level station.
running the pump at half speed. Are prepar-
ing the pump compartment for the second ele-
vator.'
Local securities were fairly active. with
Contra Costa Water leading at S64q65
The Oceanic Steamship Company will pay
dividend of SOC per share "Wednesday.
The delinquent assessment sale OF the Savage
Mining Company will be held tomorrow.
The Mountaineer Mill and Mining Company or
Nevada County has levied assessment OF 4c
per share, delinquent March Z.
The Old Home Consolidated Mining Com
pany of Nevada County has levied an assess
ment of 113c per share delinquent March %.
The Homestake mine OF South Dakota paid
its regular monthly dividend of 25c per share
and an extra one of the same amount yester-
day, the two aggregating s62, 500, making Sl2o,-
600 since January and 81, 306, 250 in ALL
The Isabella mine of Colorado yesterday paid
a dividend of &c per share, or SlS5,DO0. making
$405, coo since the start.
The Small Hopes mine of Colorado paid a
dividend of SIS, 900 on the 18th inst, the nrst
since June, 1898. To date this mine has paid
So. .325, COO
The Morning Star mine, in Placer County,
paid dividend of 81 per share, or $500, this
month, making sl9,60O since January ana
S107, 200 in all.
The San Francisco call., 1899-02-26
REAL ESTATE TRANSACTIONS.

Frank H. Woods to l.. II. Sly. lot on Sc COR
of Vallejo and Scott streets. so by E 112:6;
So
Same to same, lot on line of Broadway
$40 w of Pierce, w 80 by n 100; $40.
Milo and Katherine <. Hoadley to Thomas E,
Fisher lot n line of Bush street, Is w of
Lyon, w % by 70; $40.
London and San Francisco Bank. Limited to
Vincent Lorenzini. lot on line OF Walnut
street, 100 of Sacramento, S2:7ls by E SIG;
$40.
Moses and Sarah r. Samuel to Charles F.
Rehwald,. lot on w line of fremont avenue 2l0
S OF Frederick street, S % by w so; $40.
Charles l.. and Tina Hinkel to Harriet M
Littell lot on w line of Cole street. so S of
Beulah, % by w So $40
Joseph ]. Gensoul to Ada 7; Gensoul. lot on
E line of Church street. Ill ;Sas of Market
% by f 125: also all interest in estate of Ade-
line Mejasson; gift.
Arthur c. and Ellen Fitzpatrick and Philip
Simmons TO Jean P. and Isabelle Mirasson. lot
on S line of Twenty-secpnd street, 9o:3 of
Shotwel. l by S 95; $50.
Frank H Woods to l.. H. Sly, lot on w line
of Drumm street, 1913 81 of Washington, S
32:4 Al by W 70; $40.
Fory or Fioly or Flori and Rosa Biagini to
Francesca and Luigi Figone. lot w line of
Ohio place. 97:6 S or Broadway, 20 by w 90
So.
Sharon Estate Company to Harriet Thompson
(wife OF r. R.), lot on n line of Geary street.
The San Francisco call., 1899-02-26

higher. After the furry near the opening the
fluctuations merely the result of the
presssions in the pit of the faith of the two
parUaes to the deal, each taking it's turn. AS
soon short sales slackened the price ceased
to decline and longs refused to second the eff
forts of the other party by sacrificing mold
ings- Under tn2 circumstances the price rose
to 74sc for May wheat, and at that figure
there appeared some inducement for longs to
sell. Realizing and activity the part of the
bears hammered the price down to 727sc. The
close WAS weak at T2ts@73c. a net decline of %c.
In corn shorts covered freely and there was
good buying for the long account early. When
wheat started to decline, however, realizing set
in. The close was unchanged from yesterday.
Heavy covering by shorts and good cash
demand strengthened oats May left off un-
changed.
Diminishing receipts OF hogs and higher
prices at the yarTls started the provision mar
ket firm There free sellers at the ad-.
vance and not sufficient spirit in the bidding
to withstand the pressure of offerings Pork
and ribs shade lower and lard unchanged.
The leading futures ranged follows: