The citizen-Republican. (Scotland, Bon Homme County, S.D.) 1???-19??, 1905-06-22
: TRUST lC'OIYEIS
SIOUX CITY PLANT
Beatrice Creamery Company
Would Merge with Han
HzzG75# Company
LACKS ENTIRE coNTR0L
Whils Every Attempt Has Been Mads
to Add to the $4,000 Stock Now
Held, Local Men Still Domi-
nate in the Hanford.

cause of Its size. as the creamery
trust.
Every effort has been made BY the
Beatrice Creamery company TO secure
control of the big reanery company
in Sioux City. but according toSPresi-
dent IA. s. Hanford the control OF the
concern Is still In the hands OF Sioux
City people. but later may DO absolutely
controlled by the Beatrice Creamery
company. The latter has eighteen
great plants In the west and southwest,
practically controlling dairy products
In the west.
For a considerable period the Hanfor1
Produce company and the Beatric0
Creamery company nave had Joint I'M
~terests. even to the extent of buying
together and using the same trade
mark on certain brands Of butter and
other products.
Recently George r.. Haskell. president
OF the Beatrice Creamery company, ia-s
creased his personal holdings In tha
Hanford Produce company to 100000,
which is two-thirds of the common
stock, or tWo-f1fths of the entire cap
ital Of the corporation.
Would Keep Control Here.
BY many this is considered sufficient
evidence that the big $4,000, 900 corpora
ton controls the Sioux City plant.
though Mr.. Hanford, president OF the
Sioux City company, contends that
$1O0, 900 of common stock and the 100000
of preferred stock. held by the Farm.
ers Loan and Trust company, Is suf-
flcient to keep the creamery trust
from gaining absolute control of his
company.
George e. Haskell. president 81 the
Beatrice Creamery company. Is the
vice president OF the Hanford Produce
company, and the Beatrice Creamery
company also has two representatives
or the board of directors Of the Sioux
City company.
A vigorous attempt was made to se-
cure a controlling interest In the Ham
ford Produce company In January Of
this year, when the Beatrice Creamery
company increased its capitalization to
$4,000 and took over the plants and
business of the Continental Creamery
company, a $1,ooo,00o corporation.
Would Buy Through Agents.
For some time 1t has been the in
tent of Sioux City business me to gain
a controlling interest in the Hanford
Produce company and retain that i'm
terest at home. This desire has SO far
defeated the plans of the Beatrice
Creamery company. Failing to secure
the stock directly, the Beatrice COM
pany proceeded through other agencies.
including Booth & Co, who We're will
ing to subscribe for any amount oe the
stock. But Booth & Co. were known to
represent the creamery trust, and their
proposition to buy stock at a good pre-
MUM was declined.
When the Hanford Produce company
was reorganized recently with a cap
ital stock of 100000, 100000 preferred
and $4,000 900 common stock, the Bea-
trice company again attempted to se-
cure a controlling interest and merge
1t with their dozen plants in the west
and southwest, controlling. as they do,
the dairy products of the west. George
e. HASKELL. president Of the Beatrice
company. finally secured 5000, 900 worth
Of the common stock, while 100000
was taken by Mr.. Hanford and his
Sioux City associates. The Farmers
take $4,000 of the preferred stock. as
financial agents for It's sale. Since
taking ove this stock the Farmers
Loan n Trust company has disposed
of 500, 900 worth Of the preferred
stock, supposedly to small investors, to
,erest.
Business Is Enormous.
At the present time President Has
kell is in Europe, but 1t is thought his
agents will be unceasing In their eff
forts to secure control of the Hanford.
i wi : rGiIllA ollcolh Lie ouSSCCu Iko
big plant in Sioux City will become q
part Of the greatest COM
pany in the world, having q daily out
put Of over 1900, 900 pounds of butter
at different plants of the company.
Something Of the enormity Of the bus
mess may be gained from the fact that
the Hanford Produce manu-
features 1000, 900 to 1900. 900 pounds of
butter every month, and last Sunday
alone $4,000 pounds. More butter was
manufactured in Woodbury. county last
year than in any other county In Iowa
cream collected by the Hanford Pro-
duce company, and put on the market
as a finished product. Contracts for g.
quarter Of a million pounds for the
United States navy were filled here.
Has Eighteen Big Plants.
The Beatrice Creamery company
controls about eighteen such plants as
at six times as much. This great
creamery corporation has plants at
Des Moines, Topeka, Lincoln, Beatrice,
Kansas City, st. Louis, Oklahoma City,
Pueblo, Denver, Cheyenne, Deadwood
and other cities in the west and south
west, buying a large share of the cream
of several states. The states Of Ne
braska, Iowa, Missouri, Colorado and
Kansas are dotted with separating sta
lions Of this great company:
every railroad train running into one
of the large plants brings In hundreds
Of cans Of cream and every freight
trains going out takes to the eastern
markets carloads of products from the
factories.
Gradually the creamery trust" Is
winding itself about the smaller con-
Germs Of the country, having already
banished the churns of the farmers
wives, and within q few years, 1t is
said, will control the entire dairy pro-
ducts Of the west
According to stockholders in the
Sioux City concern, it Is not desired
to consolidate with the Beatrice COM
pany, though 1t has been found adj
vantageous to have some Joint inter-
ests with them and to allow their COM
pany to hold the 100000 of common
stock, purchased by their president and
tsafterwards assigned to the Beatrice
Creamery