The Greeley tribune., 1905-01-19
ALL MERGED
NORTHERN COLORADO SUGAR
CO.'S ONEGREAT CONCERN
Havemeyers Incorporate $4,000
900 Company in New Jer-
sey to Develop In
dustry Here

The Beet sugar companies under
the control of the Havemeyers In
Colorado are to be brought out into
one parent organization or holding
company. the Great Western Sugar
company, which was Incorporated
Saturday in New Jersey, with cap
italization of $40, 900, 600.
In addition to this number OF
other factories. plans for some
of which are now under way, Will
he built. and the promoters say that
the entire move will give Colorado
beet sugar the greatest impetus 1T
has received since it was first pro-
dnced.
In accordance with this plan to
round up the various companies now
under the control of the Havemeyers
and the Denver men associated with
them, and to extend the scope OF
the holding company, new factory
will be started at once at Fort Nor
gan. This will be ready tor the beet
crop of 1906. The cost of the
/structure will be 800, 600, according
to Mr.. Morey.
The financing of the Fort Morgan
scheme is being done by the Morgan
County Construction company, com
posed of the HavemeyerS and other
big sugar men. This concern has
agreed through C. S. .Morey and
Charles Boettcher of Denver to take
for three years the beets produced
from $500 acres.
The other parties in the agree
ment are tie Fort Morgan I'm
provement association. whose officers
are: President, w. ii. Chatworthy :
secretary, RIM. Handy and treasurer
DIR. w. D. Otis. This will be the
first of the factories actually to be
built by the Great Western merger
company. Others will follow later.
Through the holding company
much of the financial as we'll as
the operating work of the Have
meyer interest will be simplitied.
Expenses will accordingly be reduced.
The magnitude of the Great Wes-
tern can be seen from the tremen-
dous interests which will control
directly. These are:
The Great Western Sugar COM
pany, capital $1,000, 600: factory,
Loveland; built in 1900; acreage,
1904, s,lOO; beet tonnage, 10000;
sugar yield, 2,2OO, 600 pounds.
The Greeley Sugar company, cap
ital $3.50, 600; factory, Greeley; built
in 1902; beet acreage, 1904, 400;
tonnage, $1,000; sugar yield, l,0lO,
900 pounds.
The Windsor Sugar company,
capital $3.50, 600; factory, Windsor:
built in 1903; acreage, 1900: beet
tonnage 5000; sugar yield, 100000
pounds.
The Eaton sugar company, capi-
tai, 81, 600, 600; factory, Eaton; built
in 1902; acreage, 800; tonnage.
$1,000; sugar yield, 72O, 900 pounds.
The Fort Collins-C Colorado Sugar
company, capital, 81. $50, 600; factory.
Fort Collins: built in 1903; acreage,
6,4OO; tonnage, 1900: sugar yield,
l, 46O, 900 pounds.
The Longmont Sugar company;
factory Longmont; built in 1903:
acreage, 1000; tonnage, "A 1000; sugar
yield, $4,000 pounds.
OF all these concerns c. S. Morey
of Denver is president and Charles
Boettcher of Denver vice president;
M. ID. Thatcher of Pueblo, treasurer
and w. A. Dixon, secretary.
In all the northern Colorado fac
tories which will be merged in the
Great Western Sugar company of New
Jersey now represent a capitalization
OF IS, $50, 600. Last year they used
nearly $50, 900 tons of beets, and pro-
duced I, 100000 tons of sugar. This
output will be considerably en-
larged this year, according to pres
emf plans. s.-Denver News.