Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1900-07-13
AIuMp IN GLUCOSE.
Favorable Conditions Cause Rise
fnFthe stock.

Glucose Sugar Refining Company
stock has taken sudden sharp rise in
value, and the reason therefor will be
good thing for Marshalltown and
will probably result in the resumption
OF manufacture at the local factory in
the near future. Severalaof the COM
spany's plants have been closed down Of
late because of overproduction, but the
seeking out of new market has in-
spired new confidence. Relative to the
outlook the Chicago Record of recent
date says:
Glucose Sugar Refining common
bulged yesterday in a way which was
the more conspicuous because of the
longtime inertia of the stock. With
the last previous transaction at 1874
the opening was at so. and on good
buying for Chicago it prog 1yssed by "
point advances to 81, where there was
little selling. whereupon the price re-
ceded x. closing at 537s.
From man connected with the
selling end Of the company in the east
comes this explanation of the sudden
movement. The company has entered
into a new era OF expansion whereby IT
is certain to profit beyond prediction.
The Records Berlin correspondent an
nounced several weeks ago the glucose
company was about to open selling
branch ofthe German capital. Now 1t
is reported that the company's plan is.
much more extensive, embracing agen-#
cies in many OF the principal export
points, so that great consignments OF
goods may be shipped direct from the
Illinois and Iowa factories to Europe
without breaking bulk in transit. At
| the same time this method of doing
business is economical and promotive
of demand.
THE German agencies according to
1 the New York informant, have now
been opened and have met with instant
success. sending in initial orders for
goods in quantities which may justly
be regarded as amazing, notwithstand-
Ling the many carload single constgn-
merits which the company has been ac-
3customed to make ever since 1t began
business. knowledge of the status of
1 the glucose business abroad is said to
lhave made certain inside stockholders
A very bullish in anticipation of an In
II crease of the common stock dividend
a rate at no distant day. The buying Is
4 said to have been forIfthe investment
4 accounts OF men high in the manage
1 ment. At the present time on the
i authority of man closely in touch
4 with its affairs, the company is earning
A much in excess of the and per cent
4 dividend requirements of the common
i prefer What the actual showing OF
4 the annual report may be cannot be in
4 timated, but it is certain to prove en-
4 tirely satisfactory alike to the manage
i ment and to the shareholders. The
4 cane sugar refiners are now and will
4 continue more and more to be worried
by the increasing production Of beet
j sugar in all parts Of the country. The
4 glucose men, on the other hand. have
4 the business concentrated within the
A narrow limits of the corn belt, and
4 their processes are, in the nature OF
4! things. much more difficult to conduct
4 With profit on small seals than the
4 process of refining crude cane or beet
sugars. 1t is proved by the export sta
4 5.istics Of the treasury department that
! the consumption of corn sirups and
4 glucose sugar Is steadily increasing
i abroad and the value OF these food
4 stuffs is fully recognized 1T home. All
4 these things enter into the calculations
j of those who bought the common stock
4 Yesterday. it is not unlikely that the
4 randi advance may have had some re-
4 lation to tho Harding settlement, but
1 Of this no details are available.