The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1899-09-19

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James H. Post. reprssenting tine
Mollenhauer Sugar Refining Company
and the National Sugar Refining Com
pany. says the trust expects 10 nske
a settlement with the National Whose-
sale Grocers' Association through In
executive committee of that organizz-
ton. September ]. by which IL will eiV..
| to the various members OF the associa-
ton. who are TO agree TO buy ..xeiu-
sively from il. an extra lpsductiop Al
rebate. TO DE paid through the various
State associations. The agreement viii
also provide. AS al present designed
that sales shall be- made al griesF
named by the trust. from which deal
ers will deduct three-sixteenths al a
cent per pound. and. IL the bill is t,aid
within ten DAYS. an allowance OF
per cent for cash. IL this plan uroN.ss
satisfactory the trust will give its cue
toners within sixty DAYS the one
eighth OF cent rebate mentioned
above
IF the trust obtains a grip on tas
market through the Wholesale Go
GERS Associations executive commit
tee. We will find a way OF defends6s
our business" says Mr. Post. ~
will make IL an object for the GROCER
the wholesalers. 1 mean--to bpy oar
sugar. We do not expect TO haze "a
go to the retailers. and will fisht the
trust on it's own ground Ne haks
plenty of money and are ready 90
! spend IL"
The trusts daily Capacity In. ,o~nssrr-
atiyely speaking. 10000 barrels. Ihs
two companies represented by M
Post turn out G.OvO Sarrels per .day. She
Arbuckles make 3 500 barrels. the Docs
cher refinery $500. Mccain Of Phiia-
delphia has q capacity Of 2 900: Rex.rs
of Boston 900: the New Orleans refin-
cries ], 500. and the beet sugar .coin..a-
MES. when in season. GOO barrels. Ia
Guiding the beet sugar companies. dir
is total Of Is. 500. The indepenaents
are not closely united.
Willett * Gray say: Without AM
apparent reason, and plainly asait,sa
the immediate interests Of ne1insfs. q
reduction of BIC cent yer pound Nas
posted. which reduction applies 70 al
the guaranteed sales made for deity
cry for the next four months. Az ca
cry effort has been exerted for 1. ioug
time past TO make these forward saseE
as large ar possible. IL il unaoeouas-
able that the profits of the cuisines
should be wiped out without .any ssp-
parent compensatiEg gain. OF .course
there must be some good reason Cor
the action. for the sugar company II
not a pnilanthropist 70 such an ex-
tent. and il will be Interesting 70 sait
for the explanation which q little time
may develop. In the meantime rhs
Independents claim that they has
given no cause for such action by lead,
ing in any cut from posted Quotations
The reduction paralyzed the country.
and the demand fell on very much. but
is improving again. but there lie . feel
ing Of uncertainty as 10 what the ne,a
move may be. for il is almost ,oertaiS
that whatever the motive Of this ne
duction, the same motive viii eause
further surprises before long. but 10
what direction is impossible 70 fore
see.
The policy Of the American Sugar
Refining Co. since the war opened has
been 20 keep the price of refined su-
gars at the very lowest minimuIp ID
profit as compared 70 the price OF ras
sugars, and Il was quite as much
surnrisa IA the trade when fbis t.nli.y