The Sugar Refining Industry in the United States; Its Development and Present Condition Volume 21 (Paperback)

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1908 edition. Excerpt: ...States touching the Great Lakes and extends westward through Minnesota and Iowa into the Dakotas, thence southward through Nebraska, Colorado and New Mexico, and then includes practically all the States of Washington, Oregon, Idaho, Utah, California and Nevada. Such possibilities in raw material opened a rich field for future activities by the Trust. 4. The situation in which the refiners found themselves in 1901 cannot be better expressed than by a quotation from the Sugar Trade Journal. In the issue for October 7, 1901, it says: "To-day a surprise awaited the trade in the western sections of the country when the quotations by the American Sugar Refining Company were reduced to 3lAc. per pound for points along the Missouri River, which at present is the largest market for the beet sugar produced in the Far West. The notable feature of this movement is that the quotation is on a level with the parity of raw beet sugars on the present basis of 3j4c. for cane centrifugals. In other words, it would seem that the refined sugar interests of the country feel compelled to protect their interests to such an extent that the domestic beet sugar industry may not make any larger profits on the making of refined than would come to them from the manufacture and sale of raw sugar. We have always taken the stand that the manufacture of raw sugar for sale to the refiners was the proper and legitimate business of the beet sugar industry in the United States, this being the rule in Germany, the greatest beet sugar country of the world. We have thus foreseen the natural result of an attempt on the part of beet sugar interests to force the refiners out of their business of such long standing by turning their product into refined sugars in competition with...