Show MADE PROVISION fOR DIVIDENDS Sugar Company Affairs Are in a Prosper Prosperous ous Condition At the meeting of ot the stockholders of the Sugar company yesterday It was announced that despite the finan financial cial cil panic which had made severe seere inroads on the business business of oC the company a divi dividend dividend of oC 7 Tier cent had been set aside for forthe forthe forthe the four quarterly dividends of the ensuing ensuIng ing year ear President Joseph F Smith presided at yesterdays meeting of the stockholders and H G Whitney acted as secretary A detailed report of ot the operations of the company was read by b Thomas R B Cutler general manager The cost o o operating the sugar beet be t factories 1907 1007 amounted to almost a third more than in 1000 because of the increased cost of oC fuel material and labor lahar Some of the items of expenditure il II illustrate illustrate lustrate the extent of the business done by the company during the past year ear I I 17 ton 2157 2187 Beets tons at a I coal and anti coke lime rock 52 taxes in Utah and Idaho 72 2 1 labor total for operating expenses The total product of beet sugar by the factories of ot the company compan for the year ear was OO pounds an increase of over 5 pounds over ver the total product of 1905 1 Manager Cutler said that the out outlook outlook outlook look for 1905 1903 wn Wl J especially good grod Indi Indications callons pointed to a reduction of operating expenses and to an Increase in the out output output output put of the factories The following directors were elected for 1908 1905 Joseph F Smith Thomas R B Cut Cutler Cuter Cutler ler er John R Winder W T S McCornick John C Cutler Heber J Grant John JohnHenry Johnhenry Henry Henf Smith George Romney and Charles CharlesW W Nibley Nible 0 I |