Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-04-01
TWO CENTS A POUND
Saved to Housekeepers by Purchasing
Sugar Just Out of Bond.
A COMBINE MAY MAKE 1T DEARER,
But 1t Is Expected to Sell Little Cheaper
for Awhile at Least.
FULL TINE FOR RETAILERS TO STOCK UP

Though sugar dealers have been impa-
tiently awaiting April to fill their con-
tracts, it is more than likely the immense
rush spoken of in cities East and West is
somewhat in imagination. The market is
about bare everywhere, as the demand for
March delivery was very light. The duty
went of at II o'clock last night, but so far
as stores opening at that hour to distribute
saccharinity is concerned, the opening went
by default so far as is known, in this city, most
houses opening at the usual hour. II. p. Dill
worth estimates that about Il 0OO barrels will be
distributed to-day in these two cities. country
orders coming later.
Notwithstanding efforts to unload, sugar deal
ers, and especially the trust. were overbur-
dened and did all they could to get rid of
stocks before to-day To save loss of cents.
1t is said the sugar combine has decided on a
plan to meet the exigency. 1t is TO export the
surplus and get the drawback, about IN cents
pound, on exported sugar. and then bring 1t
back. This will cover its shorts, as the extra
drawback will pay the cost of export and re-
turn.
The situation is not as pleasant as Canadian
retiners would wish. Canadian importers can
buy in this country, pay the Canadian duty
and undersell the Canadian retiner.
1t is reported from San Francisco that Have
meyer and Claus Spreckels q Sons have ar
ranged funeral for their hatchet and that
that the basis of the obseQuies is that the
Spreckels will retire from Philadelphia and
confine their sales to the territory west of the
Rocky Mountains, and that war will no longer
distract the rival houses. As consequence 1t
is freely predicted that. while the reduction of
tariff will make sugar cheap for time. the
heavy operators combine will not only wipe
out present cheapneSs but make sugar dearer
than before April /. or course this is in the
future and these predictions may or may not be
realized.
There was no furry last night, as some peo-
pie anticipated there would be. At the Custom
House it was stated that there was no unusual
cnmmotion, and that there were but 16, 900
1000 bushels in hand at this port. OF course
there has been plenty of time to discount and
take in sail.
As to candy the situation is unrufhsd. Rey-
mer Bros. state that the matter has been dis
counted for some time-that, in fact, it has
been a necessity that it should be in order to
protect middlemen in the trade, and that
candies are now, and have been for some time,
selling as low as they will under the reduced
duty
Philip Reymer stated that the cheapening of
sugar would not have any effect on the purity
of candy All manufacturers of note have for
years set their faces like flint against adulter-
alton, and have assisted in the passage of laws
against it. and a maker convicted of using terra
alba in the making of candy might as well go
out of business at once, as his trade would be
ruined, and in this State he coulu not even COL
lect on sales already made. Mr.. Reymer said
the candy trade had been affected already as
much by the duty reduction as it would be.
Taken all in all, the new regulations will go
into effect without any further complications,
save that We will get sugar two cents a pound
cheaper for a time, posi- bly, for a considerable
period, unless the alleged Havemeyer-Spreckels
the beet-sugar infant industry in the illimitable
West.