The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-01-08
QUESTION WHOLESALE MARKET

occurred around the 3Oc marx ana Tho
| situation appeared slightly weaker Tho
! presence OF so many Of the Kansas nr,,d,,s,
IN the trade has contributed ~ osst,,,..
rms article frequently ais rho n,an,a 5,
,.o onsui'iers wnen Texas eggs are beyond
po asa. uuu tne ehect has been perceptiye.
| past. S''' u"Fs
N1arhikow, MacDougall & Co. Of New
io'A say OF sugar: There seems f., bp.
nv speculative activity whatever In boot
sugars notwithstanding the continued do
enhe' rms Is not to he wondered ot no.
muse, II speculation sprang mn evon n. a.
w IL o. D., 1t is doubtful If mantnnlntin,
81 ~ tne part or the kartell would not tal,n
page ana bring about still lower prices for
I sugars Tor export to foreign copntrias H.
advancing prices to consumers IN tbdiSs
( vMh country, According TO some onthn,j
ties' Deet sugar production rnn moi hn I'm
n p untvss prices improve while others lust
US wen Informed say TINT owing n INC
enormous advantages derived from the gov
erhIueht export bountos and the operaiion
oi Oh me karteil Germany and Austria can
Sn,no n aniih their present production.
some sections of the press in Great Britain
are advocating the doubling of fhp duties
on oohnIy-fed sugar but leaving tho dntv.
on colonial sugar unchanged. II IL apDar.
''' N''t'b hAlfAS some SnGl measure Is 4 "a
10 protect the sugar producers of the Brit
lSh west indies from tho unfair connect.
tloh arising from bountics and kartolls tho
sugar industry IN these islands will he
utterly ruined Were Great Britain to tnke
Such course sugar bountics could NOT
stand, bur the abolition Of government
nlounties would not meet the case of the
West India producers unless n wns ocnotn
panled by the abolition of the private boun.
tleS given by the 6artell, against which ii Is
extremely difficult 10 lcgislate The mar.
k't mere is IN Q very peculiar as well as in
a very unsatisfactory condition Cuban
producers are reluctant to sell their sugars
MS long ms a hope exists that In the course
81 few weeks congress will pass mems.
ureS for admitting Cuban sugars at reduced
duties, WHILE on tho other hand the near
ef this favorable legislation for cuba an
proaches the greater viii he the desire Of
other cane-growing countries To market
their product here before Cuba can under
sell them by reason Of preferential treat
ment. Louisiana. Weather has been most
unthNorable. Through the sudden warmth
following the cold spell many planters have
lost large quantities OF cane Work Is
going on night and day in order TO finish
grinding as soon as possible and utilize the
cane before further deterioration The total
crop Is stlll estimated Mt 10000 tons, but
owing 10 the amount Of cane destroyed by
the uufayorablc weather, ii Is probable
that this figure will not he reached. Cuba
The total receipts at the shipping ports
were 6000 tons, against 1900 tons last year
The offerings are very light, owing to the
disposition on the part Of the planters TO
withhold their sugars. The few sugars Of
fered by planters have been taken by local
spectators. While the chances are favor
able for n reduction in duties on Cuban
sugar It must not be forgotten that dis
cussons In congress may delay the rcduc
ton until late in the season; consequently,
f Cubans hold back too long m unhealthy
financial condition may be created which
viii finally lead to n rush to sell as soon
as the reduction is made or when the situa-
tion becomes untenahlP through luck or
means to carry accumulated stocks.