Show PROFITS OF SUGAR TRUST Funds to be Accumulated Reserved as Working Capital New York Jan 0Thio stockholders of the American Sugar Refining company com-pany approved today the action taken by the directors yesterday embodied In the following Resolved That time accumulated profits less the dividend whIch haa been declared up to this time including the dividend of January L 1900 be re served as working capital less such amount ns the directors see fit from time to time to declare as dividends When the election of officers was taken up H o Ilavemeyer Arthur Bonner and John Mayer were elected directors |