New-York tribune., 1879-11-08
HIGHER PRICES F0G SUGAR.

MARX d RISE WITHIN MoNrH-FFFECT Of LABOR
AGITATIoN AND POOR CROPs-CUBAN AFFAIRS.
There has been considerable excitement
among the ar importers and In this city for
some time past because OF the upward movement IN the
prices II raw and refined sugars. Some fehners have
been importing directly Cuba and indirectly from
Europe, hui not IN sufficient quantities to meet the
actual requirements They are NOT holding large stocks
now Tor the disposition l. 10 purchase sparingy aud
only for mmed.a G Ccmsnds owing TO tie feeling that
raw eusar must arrive at It's limit
ia price Then should any decline come, the
manufactured article would show corresponding
reduction ana having socks Of sugar on hand.
tAcy could supply themselves market pTces. In suon
caee spcculators and holders OF large siocks one
would be- affected sncc the first of November. and
pror 10 "Wednesday, large sales have becu made, incud
INK the stock o. our spccuiator. which amounted 10 he
twten 600 and 1900 hogsh ads. the profit which Is
sail tr d. eljOOoo. These same goods. II hed -iaV
wnud s.oa an adoiiiOnfl prom OF over slV"'VVy'
l.fn.r.f -lis r. have n here Of late sns
0uaufs owing to thc tiganon. between thr Iie'asuy
Department auG the Importers in regard to ARTIFICIAL
The total stock n raw SUGARS on hs9d ut New-York
B SION, Puadc. pha net ia timore oI Nnv'mber6. was
33.4-> tnn- asall 81 O''oI tons I'D 1873 an eo"ul
tons in 1877. or tac present supply Nev-f'rs a-s
256ll tons Although the stocks nave decreased 263
tuus, thr recents Tor We wear are 4S,4SS IONS "'.
Tne stocks iu Havana and Natnuzls November !, m
warehouse were IL 400 box $4,000 bags ana 10000
hOgsDoads. According To the market reports on > p IN
rer l. god refining grades Of sugar sold 81 Go T.
ia "a round. ANA ccnifiuHfls af 10 fus ccnis
YESTERDAY iar Ia good chning was quoted at sa cents
and 1fu2als a. 10 ceDs An one4 was mace ser
dny Of enurc RfOcK, 5000 hogsleads OF one iul-
porter, al 9&l, which was refused,
'xci.omen. Ia ,ho iuarhei Is duo IN part also 10
The feet the French sugar journal reports that lie
d,cercy iu the snCar beet crop TINS year VIII amount
Ie,wecu 25 ana 30 Der cent ~ e'in ied wlth tHt
of last yrar. The cable reports received u ury show
an *, cd uni advancing market Europe bcca use Oi
lie partial .agle OF the crOp and tie report ttat The
I'm, perpi xi la- of tie suatlon Of aiar- in Cuba
nvoiN rg The cmonc OF me aNs are aug ',seS
lower markets, ef0ck- have been Accumulated by
spcculaiurs ard importers, "a" importers tD.e %
hoIn a.s0 ilau'tis. o"ni'g agc c,a'es ~ noa
awaiting with rr,H interest u, solution Ol lne a'or
question, aud have .i@e e"i "hhlois ol ur various
ultt.UC- WhIcu bdNt nc u II"'@td 1"iilivA N"l"po7
d. oon- iered The abb 80 Oucut OF Ec tubau qu' s.
ton u1d many favor his plan 90 iuimedaie ana uucon-
lic new sugar crols VII forward about the end
81 ID ccmB.r early In January. and there Is every
uIo,nrct of "a large Weld Should tins expectation lie
rezc II s believed the financial deurcssion III Cuna
Will be removed. a l. Thought, however. that unless
,nice,-ns are made soon looking to tbe abolition ui
over cuba. Since Martinez Csmp"s declared all sifver
iroe Who bore arms IA Inc spanish- uhAh war, thr-e
nave associated with those biii IN slavery, ana nave
soNn seeds of discomfort.
Iuc speculation Va, also started bv those persons IL
teres'eu 10 The new cr"i, VINO beltNc 'hat snon4u n
lapur qU >uon be agiined during te naH n oi suS n
~ would ne oineut 10 nnd labolei,' nehce tny h.Ne
bought ligry OF Cuban stock o - large m,
pprte' ana plauter has hoGphI 2.Voo tons oi
fasC Indies sugars at tie lowest prices ever
sid a. lhi. nafhr Another OF the causes "hch pave
arcany embarrassed .hc refining luslics' II calm
ta SINCE the Ortr Of the secretary OF tn Treasury
d. reHtIan 10 the bv polari>e n has been ni-
30 Il DE- TO OBTAIN hqu ddti0us centrifugal sugars,
thirb r - ecally li,cted bv the order. lmp rters
eay that notwithstanding they havc repeatedly rc.
que,ied he Secretary of e Treasury tne Collector and
cr.o Of sugars impaired twO months agO are SIN un-
quidaed lie feeing IN the trade seems 70 be general
order Is Illegal and cannot he made upeiaiy
yet b. discovered by the Treasury Dopaftncnt