The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-06-20
kDVTE TO THE TRUST.
|. Il Sugar Being Boosted With
out Justice.
~ royDlTIONS DON'T JuSTlFYlT.
a, n Cent Advance I'm Two
,. and Now IL Half II Cent
More Is Expected

,...,oo. Texas. June ls.-The next
~ 81 to buy sugar from your
" viii probably find that the price
!. much higher than you have
..,re You may kick about 1T, but
IN good. In fact. the indica-
.,,,, 10 a pronounced increase in
e. a, tina, commodity within the
.,,y days. Just how high the fig
mi be put only the sugar barons
!, md they won't tell.
49, has been boost of Ia Of cent
.,,ud on graduated sugar within the
8, weeks and another boost Is cx-
almost any day. Last September
.r,,si sugar was listed to Houston
a, se5c; today 1t is quoted at i.97c.
!, receut advance has been confined TO
RATED States. the European markets
.,riug followed suit. New Orleans is
I, sugar at a lower price than is
u, and Is also getting it cheaper than
!, week ago. This is due almost en-
!, 10 the sugar trust depressing the
~ IN the interest of its own ends at
mint and because the grocers and
I, rsuers do not at the present mo-
!. happen to be in the market
n. general impression among those per-
!, vho pay close attention to the sugar
.as, is that within the next week or ten
4, here will be higher prices quoted on
Z, At all American ports.
n, demand for German granulated
as Is at the present moment good,
Il the inquiry for Louisiana sugars is
tINssiye.
M belief is general that II the tariff
LOW before congress becomes law it
rive greater impetus to the sugar
;gry in tho sugar producing sections Of
country, and that it Will also have a
hi tendency to advance prices. but to
b. extent 1t is impossible TO say.
mn Is no dc.bt that the sharp ad-
Il d the last two weeks has not been
I Stisfed The boosting OF prices is
nee extent due to the sugar trust an
la,ng the passage of the tariff bill
sacifying the public before there is
Ehessity for it.
~ is the season of the year when
" usually advances, for nov comes
the when the canning industries are
Es and the wine makers get to work
anist. They use great quantities Of
y md the demand from the big can.
HG Maryland and West Virginia and
", wine making concerns OF Califor-
Missouri, ohio, New York and Vermont
large Item in the sugar trusts .ales.
y rders will come sweeping in within
Dml sixty days.
I'M reporter sought this morning 10
n.Nn some good authorities Just what
n0lght about the sugar situation.
igeed that the advance OF the last
isks was not justified by trade con-
"a and they also agreed that sugar
aE-g much higher, but they were re-
"a TO give figures.
Hse ,obber. however. declared that
would be up TO 5is cents a pound
a' thirty or sixty days.
q Soaia be way up higher than that.
ne 'ad, IF ii were not for the fact
'aere 50 much Australian and Ger
sugar IN the market. The Foreigners
improving their grade so much that
- nliie German sugar is now Selling
a."meyer e. Elders product. That's
'Sat here in Houston. That's what
ae price of sugar down. II 1t were
W zoe foreign article the sugar trust
just charge whatever they wished"
.ae foreign sugar as good as the
snan produot?"
AN some the other day that would
ny one short OF an expert"
lobber was asked what amount Of
consumed in Houston. He couldn't
y estimate at first, but the reporter
"sot TO figuring, and this is the re-
Has ior granted that there are 10000
ven III houston and that they use on
nase ten pounds of sugar n week,
rua,a mean about 300 barrels OF sugar
Isa IN Houston every seven days
aunnfed barrels a week means about
4'ee barrels n day The advance of
.en' per pound within the last two
meshs that Houston is taxed about
uay more by the sugar trust now
n" was IN May. and that if the addi-
cent advance comes along in
! month that we viii have TO pay
10y additional The recent advance
~. steady June the listed price
Ia, June ii was Sic. June 10
IL a. \ ..