The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1892-04-01
AMERICAN LETTER.
SAN FRANc1sco, Mar, 10, 1892.
SUGAR MATTERS.

News from New York says the
sugar trust decline to make any state
mcnt regarding the report that the
trust has secured control of the
Franklin refinery. If the transaction
has really been completed it will
leave Spreckels as the only important
competitor of the trust An Asso.
ciatcd Press despatch from Phila-
delphia says that the members of the
Franklin firm decline to talk about
their alleged absorption by the trust.
A Havana despatch says; Sugar
making is greatly retarded by the
want of field hands TO cut cane. The
receipts at the principal ports of the
island are far behind those of last
year up to March LIST. The several
lines of railroad throughout the island
are not calculated upon TO largely
increase the production OF sugar for
1891 and have not provided cars
sufficient to move the sugar and
moIasses from the country stations,
consequently much delay in loading
cargoes at the seaboard has occurred.
1.-The continuance of accidental
and intentional fires and the burning
of immense tracts of standing cane
will reduce the production of sugar
and insure a bad year for the sugar
planters OF Cuba. The active efforts
of the mllers of Spain TO induce the
Madrid Government TO annul the
reciprocity treaty with the United
States bid fair to succeed and some
think it only question of time when
the old tariff will be resumed and the
duties on flour he restored In this
event of course the United States
will impose duties on Cuban sugar
and other products, to the great
detriment of the prosperity of the
island"
Thirty-fonr pounds of raw sugar
makes twenty-four of refined.
The beet sugar industry has en-
richcd every community where it has
been established
The jacksonville beet sugar fac
tory made 2200 tons of sugar last
year.
California made an excellent show
ing in the production of beet sugar
last year. The Chino factory will
produce 5000, 900 pounds, the Wat
sOnvile factory 5000, 900, and the
Ell Dorado 1000, 600, making total
Of 1900 tons. Mr.. Oxnard says it
will require 1000 sugar beet factories,
costing $4,000 each, to supply the
United States by the year 1900.
Irrigation has been begun in
Louisiana, on the sugar plantations,
for The purpose of counteracting the
effects of drought. The experiment
was made for the first time, this
year, and the result was found to be
everything that could be desired.
Crops were saved, and the quality of
sugar in the cane was largely in
creased.
The Western Beet Sugar Com
pany have elected the following di-
rectorS and officers: John ID. Spreck-
els, President; John l.. Roster,
Vice-President; j. B. Stetson, A..
b. Spreckels, w. G. Watson and
NJ. p. Jones. E. ii. Sheldon was
appointed Secretary and John d.
SpreckeIs & Bro, Treasures. The
past year has been a prosperous
year for the company. During the
year the purchases of sugar beets
amounted to 10000 tons and the
run Of the sugarie lasted fifty-nine
days. There was cut on an average
325 tons each day. The beets
yielded y per cent in sugar.
The total sugar product shipped
was 2l70 tons, averaging S64 per
ton net without bounty. The bounty
from the Government, which was
$40 per ton, brought the company
SSG,Sll for the past year. The
company has 1900 acres under cult
walton. This year will be more
prosperous one, for there is larger
acreage under cultivation, especially
among the farmers. The company
spent about $4,000 on improve
ments last year and has cash bal.
ance in the treasury to date OF
$4,000.