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Show SUGAR MERGER IS UNDER WAY I Large Eastern Concerns and Bankers Are Working Out Details f NEW YORK, Jan. 11. A merger ' ( go sugar producing and refli , ing Interests. Including the Cuban- 9 American sugar company, the Nation- I nl Sugar Rerinlng company, the West I Indlen Sucar Finance corporation, the I New NlquerO Sugar company and oth- H ers. Is reported by the New York H Herald to he underwav, B committee of representatives of I the Interested concerns has been np- I pointed, It says, to work out details B and bankers have discussed plani fu- effecting the merger. The transat - M Hon will not require new financing, as H It Is to be accomplished through an H exchanfe of shares w Charley K Mitchell. and Percy Rockefeller, of the American Suffai Bi Refining company, are now in Cuba. H red. is B over various sugar properties the company com-pany desires to acquire. This com- pany riot actually interested in the m. merger, althOUfb It is reported that plan has been drawn looking to the Bj gradual drawing together of Its Inter- H ests and possibly for the arrangement H of a second consolidation. BJ |