The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1880-02-26

month were that supply and demand would
regulate the price OF sugar and II the supplies
wore IN large for twelve months IA during the
month Ok December prices would rule low"
That Ia. II supplies are relatively as large for
tho remaining months. conclude he means.
II u worth while to examine how far these
conclusions may Or may not benorreet, II das'r-
able to arrive at The real iac's of tho case. 10
Bulletin des HaIie#. In support Of hls conclu-
a"ns. Ia the first place fully agree with him
TINT supply md demand Will regulate tho PRICE:
30 far. that is, aa to- give It mn upward or down
ward turn; these Influences We cannot mems
ure The main point, therefore. to consider.
and the only one In fact. 1t appears to mo. Ia
how much more.or less the supply will prob
ably BIZ this yoRr than last. ~ far ~ We Gun
Judge from present information. WIN supnlt"e
from British India aud CHI M we have nothing
| 10 do nj praaont. M they only come from there
"a any extent upon II very high rArgs OF prtoaa
To begin. the Loulsiana crop, which II. =
may remember he inat fail thought would tx
coed !aat years crop. L. now put at 5000 70
40 600 hogaheads sugar and 10000 barr"a mo-
lnsses oss than last years by thu host authorl-
tiea In Now Orleans; tho crop being all made
The beet crop deficiency u now pretty we'll
| ascertainad to be abos' 100000 tons, The short
cato roo 900 tons or over, which. y the colonies
take their usual supply. would fail entirely
upon Europe: but they probably will not. 80
hat 50 900 to 900 tons may be the extent Of tho
deficit
Peru. from the war there It Is reported. will
ship much less sugar this year. L.st year.
ana this year a. 900 to no 600 tons ga ~ probs-
bio. About all tue sugar from Peru goes to
Great Britain. Together these ietici"nri's aR-
Rre9ate over 100000 tons, which may DO con-
siderad nearly. II not fully. asceitAin.d;
Or tho CROPS now coming iorwaId the Cub. CUBA
ably about 100 600 IONS short W last veal s-aOns
aAy even more Other crops. ono with another
TINT 20 70 mako up tho supply q ths year are
pretty we'll ascertnined deficiency ~ ahpu 10000
tons and probable ono OF near 900 tong. to-
xe'her go 900; from present Information: where
na last y, ar the baet crop 80 ooo tons moro
than in 1878. and tho Cnha crop 1916 900 tons mora
than In 1879 and the Louisiana crop 1000 to ab 900
tons more than that Of 1877 s.cominR mostly into
tho aHpply ut 1878: toRath"r. an "xoars " hbOu,
$40 600 tons ov"r til" aupply OF 1878 tor tbnt Of
las, year; and YET pr!oes advanced In the lattor
III tho early part Il may hs sad this wa- owing
70 speculation. All rises IN price mr.. more "r
eas speculattye. md must have good reasons
apeakine The roasons last year we're The 9reHtly
improved condition OF busnesH In this "oun-
~. ehnap money. end prtrns very low and he
materl ally Increased CONSUMPTION. This started
tho risa undoubtedly. which was inc, eased
Inter by the hAi prospects, far the beat crop ~
ths aehson advanced and 4 large hehoianc. DO
coming certain finally. Yet ut thu end Of the
year stocks wore rather smaller on III" Cont
nent " Europe. than at tho end Of 1873. and
only $4,000 tons larger In af oAt Britain. Whera
the stock Mt the end of 1879 was more than 80 900
tons smaller than tho average Of many Urvi ,s
yaArR. when consumption WAS materially teas.
To sum M lnat year. with u inoresse OF aup
ply OF over 100000 tons. Wa had large ffse. but
from very low point. which ts 70 DO consid-
cred. and little or no increase in average stocks
at tho and OF the year. This year we have a
irrespective deficiency OF somewhere from soo.-
900 to 100000 tons, ~ nearly ~ can be seen or
estlmat. u at present. with always m increasing
cnnaumption. at normal or medium prices. 1f
this deficiency IL renliz vi, or nearly. what may
be its effect according to the law Of supply and
demand2 Can Legitimate" or any ono ton.
or venture to predict. especially under spec,tn
tire Influences III.