Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-03-31
SUGAR TRUSTS
GREAT SHOWING
American Sugar and Refining
Company's New Policy of
Greater Publicity.
FIRST TIME IN MANY YEARS
That Detailed Financial Statement is
Given the Siockholdcrs--
Effect on the Stock.
Special Correspondence.

Special Correspondence.
New York. March 24.--Fcw of the
financial statements issued by the big
companies of the country for the past
year, have been awaited with more in
terest than that of the American Sugar
Refining company, commonly known as
the Sugar Trust. This interest was
felt not only in the east, but through
out the west, in Michigan, Colorado,
Nebraska. Utah. idaho and Califor-
mia, where the big company is under
stood to have such large amounts in
vested in beet sugar factories. To the
usual interest was added the curiosity
on the part or the public us to how
far into details the new manage
ment OF the company would go in Civ
ing out It's statement, as IL had been
tho policy OF the late President Have
meyer to give the barest skeleton OF u
report to the stockholders while the
stockholders generally, who numbered
about 10000 people, scattered all
over the world, were content with
| President Havemeyers reports, as long
| as the uutailing dividends Of I per
| cent on both the preferred and capt.
| tai stock were forthcoming.
| Is an advocate Of much preater nnhIIc,
| ity than his nraderesso,' ~ shown Inv
| the statenert iust iss,,ed The no.
| ures are given helo,y and The hest
commentary thar couid he made ON
| their eff,ct on .ha n,bI,c fs +he
fact fact thai the com ,v ps' stonk ON on
Inc New york marker in,mediatelv
shot I'M 4 noints 10 sf9S n share. The
Low, Uatar MARC reached during last
| falls manic was COX
THE STATEMENT.
Tho fp1I ststamont which is oivop
| ~ detail tn tbe rnhlic for The fiyst tin,e
| in 81 Years is as goljows.
"
| Net earnings for year ended
| Dec. 2S, 1907 ,....,..... S,i49,2sl
| Seven per cent dividends
cludins Jan. 2, 19oS...... 6,2ss,sso
Surplus for the year as 2,449,S61
| Assets and liabilities NJ tba Arneri-
can suyar Refining connanv anJ its
| constit,,ent cotnna,,les ~ tho ciosa ~
S SUSu.ue. me- 9s iao7 at me So1se OIL
|
Assets
| Rehneries' plant account in
| Guiding sugar refineries.
| lands, wharNes, buildings,
|
| Brooklyn, Jersey city.
Boston, New Orleans and
| Philadelphia, also sugar
warehouses in Chicago
stock and cash less reduc-
| ton for diminished values 4S,S25,S36
| Brooklyn Co-operage com
| pany property, including
| several cooper shops
| minus, Du1ulIl6S, HidSHlii-
Brooklyn and elsewhere,
| staye Mus STOCK oil COOP
| eIaSe ma iais on manu-
anu other property also rooo
tiiiper iah'iS ,...''..,,. V'Vf"'t'o
Brooklyn Transportation
company staDle properties
| IN bIooklyh, Jersey NY
anu eiuipiuoH' al" '''e' ,-o-,c
| - properties In '''.,' "'o'oio
| Brooklyn Dlstllilhs COM -oo ,o-
pany 100. -. 5ss,485
insuiar Improvement com
| pahy OF Naliloliiiil, lilciuu
| lue leai estate o"heu III ,,o-ooo
san Francisco '.....;,'.' zSo'oUo
hellneries sunury supplles' ,-oo
including boneblaek h1646SS
10 alilne, ieni l S"sa.
n n,, az n,annfactSre n 539 Ooh
Casb 5'016'9Ss
| Loans - 1866, $40
| Accounts and bius receIv-
ahia & os4 As1
Ronds and stocks held for
,,ea &c resorvo a22 $50
Tnvsstments in heet supar
| and cher rornorations in
which con,nonv is stock
| boidar M cost in cash mr.
| less % oo7 O59
-
Total assefs st33 44e 539