The Washington herald., 1909-02-07
SECRET POLICY
Sugar Trust VIII Take Public Into
It's Confidence.
Neyv York stock Exchange Approves
Application OF the
Company.

Sew York. Feb. 6-By the action ef the
stock exchange yesterday in approving
the application OF the American sugar Pc
fr:ng Company 10 have it's $s5.00a.090 com
mon and $4500.o09 preferred stock trans
ferred from the unlisted TO the listed de-
psrtment means that the so-caIled sugar
trust has abandoned its policy OF secrecy.
IN other words. the company hereafter VIII
publish q complete statement OF assets
Liabilities, earnings. &C In It applica-
ton to tire stock exchange the company
submitted a report which said in part:
The company owns in fee and operates
the following sugar refiHeries. all Of which
are equipped with the most modern ma
chinery and appliances:
At Jersey City. y. 1.-THE Matthiessen
& Wiechers Refinery. II Washington and
Essex streets. comprising about eight
acres OF city land. with deep water front
age on the Norris Canal Basin and rail-
road facilities AT Boston. Msss.-The
Standard Refinery. IN Granite street.
south Boston. about four city blocks. with
so feet Of water front. dock and railroad
facilities At New Orleans. lathe
Louisiana Refinery. in North Peters
street. about four city blocks; railroad
facilities. The Chalmette Refinery near
New OrIeans). in course Of construction;
VIII be completed the early part OF the year
1903. comprises about thirty acres Of
land. 40 feet water front with best
obtsfnable dock facilities and railroad ac-
= tcommods tiOns- capacity about 5000 bar
rels per day
The company operates as owner q The
whole capital stock OF the American
Sugar Refining Company OF New York "a
! New York cOTp0Tati0nl az Brooklyn, y.
y. the Havemeyers & Elder Refinery. and
the BROOKLYN Refinery adjoining. IN Kent
avenue and extending 10 the East River
{ comprise four city blocks and four piers,
with docks and wharfage facilities along
the river: also two blocks on the opposite
side OF Kent avenue Il likewise operates
IS owner % the whole capital stock OF
the Sp-eckels Sugar Refining Company a
/ Pennsylvania cOrpOrationl. whose refinery
/ Al Philadelphia. Pa IS located az the foot
f Of Reed street about twelve acres OF
+ land. with railroad connections and exten-
( sivs Wharfage facilities and three docks
s"The American Sugar Refining Com
pany also operates as owner Of the whole
F capitaI stock OF the Franklin Sugar Re-
fniRE Company at Philadelphia "a
. (which however is not in operation al
I present.. t comprises about six blocks
OF CITY land. with railroad facilities and
f two locks
At the same tine the American Sugar
( Refining Company owns; 4 warehouse
a. Chicago IL. IN Fourteenth street GO
used by the company at present. but
leased to other partiesl: p warehouse al
=. Louis. No. on Lewis street. used fOl
+ the storage Of refined sugar. As ownel
F Of the total capital stock Of the Brooklyn
( Cooperage Company "a New York cor
J porationl. operates the property OF tha'
] company. viz, Cooper shops and larg
/ scorehouses at Brooklyn, Boston and New
I Orleans. and IN connection with the re
fneries- stave mills IN the AdiTOndsCkS
IN Pennsylvania and Missouri. and timbe
lands
.sThe American Sugar Refining Com
pany. as owner Of the total capital stool
OF the Brooklyn transportation COmpan,
"a New York corporationl, operates tn
property. stables. and equipments i
Brooklyn and Jersey City Of that com
pany.
THE American Sugar Refining Com
\ pany. as holder Of the total capital stocl
Of the Brooklyn Distilling Company q
New York corporation. owns the dis
tIHng property Of that company Il
Brooklyn CThe 6isJillery IS not in opera
tiOnl
The American Sugar Refining Com
i panv. as holder Of the total capital stocl
OF the Insular Improvement Company q
/ California corporation, owns real estat
in San Francisco.
Since its organization. in 1891. the com
J pany has paid the following dividend
! on It's capital stock: On preferred stock
IL per cent annually: on the commoi
stock. IN 1891, s per cent; in 1892 . pc
cent: in 1893. . per cent, IN 1894 {
1893. z per cent annually; IN 1910. 81 pc
cent: in fe11 to 1878, per cent annually