Salt Lake Tribune | 1905-10-25 | Page 5 | Sugar Interests Fall Out

SUGAR INTERESTS FALL OUT Said to Be Ruptuie Between Spreckles and Hawaiians. SAN FRANCISCO. Oct. 24 The Chronicle Chron-icle says today. The relatione hitherto exintlnt: h tvv.eii the si.-rn Suirar Refinery, Re-finery, controlled by the Spreckols Interests, Inter-ests, and ihe sugar planters of the Hawaiian Ha-waiian islands have been ruptured. Th.-planters Th.-planters have acquired a controlling Interest Inter-est In the refinery at Crockett ("nl. which for some rears has been rloeed under pa) -ment by the trust of a bU; Indemnity and are making preparations to operate the plant In competition with the . jtern Sugar Refinery. They will refine there the sugar which. If the old contract had been renewed, would have been sold to the Sprockets concern. This product amounts to about IC...U1XI tons for tie season To l;e.p It-: plant KoliiK. the Western sma, p.. Ilic-i will now be compelled to buy raw etugar in Java and elsewhere For Bonis months negotiations have , en in progress between the Spreckeli im-i-ests and the Island growers, looking to a renewal of th agreement. Th rock on which these negotiations have split is tin-deduction tin-deduction mad. on thp price of sugar landed In San Francisco, as compared with the selling price In Kew York The old contract expired on September 1st.