The times., 1900-12-19
A TRUST AGAINST A TRUST.
standard oil Interests to Fight the
Glucose Combine.

NEW YORK. DeqI 1S.-Standard Oil in
terests are behind a 100000 glucose re-
fning plant now tssing erected on the
North River, at Shady Side, N. j.. which
oyerloofs Sixtieth Street on the New York
side Of the Hudson River The plant is to
compete with the Glucose Trust, officially
known as the Glucose Sugar Refining Com
pany. Its projectors expect to knock out
the trust in the East where most OF the
glucose grape sugar and the by-products
obtained in extracting these from corn is
disposed of, by adopting improved methods
OF manufacture and having the advantages
of water freightage and proximity to the
market. Nearly 75 per cent OF the coun-
try's glucose product is disposed of east of
Chicago. The trusts plants are all in Illi-
nois and Iowa.
A company which will be incorporated
in New Jersey in few days will operate
the plant. The principal stockholders are
II. II. Rogers E. T, Bedford the Pratts,
and others prominent in the affairs Of the
Standard Oil Company. Thomas Gaunt,
who eight or nine years ago was the gen.
er;-l manager of the American Sugar Rein
ing Company, and few years before built
million dollar plant in Chicago for the
Glucose Trust is in charge of the under
taking, and has been installed In an Office
in the Standard Oil Building, in Broadway.
The new plant will cover nearly a third
of a mile OF water front, and will at first
employ about 600 hands. 1t will be in
operation early next Summer On the site
two immense factory buildings eight and
fourteen stories high are being erected. At
the start these will have a capacity of
10000 bushels OF corn a day.
The capacity of the entire plants of the
Glucose Trust is believed to be little
over 100000 bushels day. The Shady
Side factories are being constructed with
a view to extension and their output
can readily be increased in a few months.
On the water front four docks are being
built in water of sufficient depth to ac-
commodate ocean going steamships.
Connections will be made with the Erie
and West Shore railroads. One wrinkle
the concern will take from the Standard
Oil Company will be the use of tank
cars for railroad transportation.
Rumors of new sugar refining plant
to be established in New Jersey have
been in circulation for some time, and
the few persons who have known that
men in the Standard Oil Company were
interested in some project Of that kind
have wondered if the Oil Trust was not
going TO help the Sugar Trust in a mighty
effort TO down the competition of the
Arbuckies and the Doscher Independent
refneries, or if the OIL Trust was going
into the fight to down the Sugar Trust.
G. T. Bedford said today that the grape
sugar to be turned cut by the new plant
would not come into competition with the
sugar made at the American or Arbuckle
refineries becauee IT was uspd chiefly for
other purposes. The projectors of the
new company Mr.. Bedford said, thought
there was pretty good thing in glucose,
and, therefore, they were going to get
into the business
The establishment OF new refneries Is
not a pleasant subject with the Ar
buckles. At their ONCE 1t was said they
did not care to talk about sugar just
now u-HT1