Chas. B. Warren Is A Big Factor

IN NEARLY ALL THE BEET SUGAR FACTORIES

He Controls the Stock of All but One of the Factories of Michigan

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The following dispatch from Detroit is of interest here as Mr. Charles B. Warren, who figures so extensively in the beet sugar business is well known here and is a son of the editor of the Ann Arbor Times and is also one of the owners of the paper: 

Detroit, Mich. Sept 2 -- It is not generally known to what extent the American Sugar Refining Co., commonly known as the Sugar Trust, has become interested in the beet sugar factories of Michigan. An examination of the records showing the increase of capital stock, develops the fact that Charles B. Warren, for himself and as a trustee for the trust, owns a controlling interest of half the capital stock of all but one of the following companies: 

Valley Sugar Co., of Saginaw, capital stock ... $500,000

Saginaw Sugar Co., Saginaw, capital stock ... 650,000

Alma Sugar Co., of Alma, capital stock ... 650,000

Bay City-Michigan Sugar Co., Bay City, capital stock ... 1,000,000

Tawas Sugar Co., East Tawas, capital stock ... 500,000

Peninsular Sugar Refining Co., Caro, capital stock ... 1,000,000

Sebewaing Sugar Refining Co., capital stock ... 650,000

Sanilac Sugar Refining Co., capital stock ... 600,000

Menominee River Sugar Co., capital stock ... 800,000

Total ... $6,000,000

Having quietly succeeded in securing practical control of the beet sugar industry of the state of Michigan, it is now announced on what is considered good authority that as soon as the present campaign closes of all these factories will be amalgamated under one big company and one management for the sake of economy in operating them. Although Charles B. Warren refused to discuss the matter it is a well known fact that he is either president, vice president, or chairman of the board of directors of almost all of the companies above mentioned.