People's Pilot, Volume 4, Number 10, Rensselaer, Jasper County, 24 August 1894 — SUGAR TRUST HOLDINGS. [ARTICLE]

SUGAR TRUST HOLDINGS.

Trearurer Searles Says It Only Holds $12,000,000 Worth of Sugar. New York, Aug. 15. —The sugar trust, according to report, has been buying raw sugar the world over during the past two or three months, and the importations are valued at 8100,000,000. Treasurer John E. Searles, of the trust, disputes this, and in a letter to Chairman Wilson says that the value of the sugars now held by the American Sugar Refining company does not exceed *12.000,000, represented by 200,000 tons of sugar.