The Hawaiian gazette., 1904-01-01
(Mail Special to the Advertiser.)


WASHINGTON, d. c., Dec. u
Mr.. Frank Dyer Chester United States
Consul at Budapest, Hungary, has for
warded to the Department of Com
merce and Labor the following about
the new sugar bonus in that country:
THE Brussels convention having de-
clared,, through subcoinmission, that
the State sugar-subsidy laws of Aus
tra and Hungary were .contraconven-
tional in their provisions, the Govern,
ment of Hungary found no other means
of defending Hungary's consumption
against the surplus production of Aus
pounds agreed to by the Austrian Gov
1T the time 81 shipment I.ffoni the one
State to the other.
up to August 81, 1903, the State
premiums on exported sugar were in
force, and in the internal trade the re-
fneries assured fixed price to the
raw-sugar factories and paid to the
said factories in cash any difference
in comparison with the quotations in
Aussig.
"Since September the Hungarian
sugar SoilSClliS lldNC DSSl JlhS " 10
tablish private system of bonifcation
to take the place of the forbidden State
subsidy represented in Hungary's Law
II of 1903. On the Goth of this month
(October) meeting will be held at
which the sugar concerns will sign the
trust agreement for three years. If
notice of termination is not given one
year before the end of that term, the
-,
years longer The substance of the
agreement is that the internal con-
sumption, equal to $4,000 metric tons,
be proportionately divided among Hun
gary's 5 refineries and IS raw-sugar
factories. Each refinery will have in
its charge certain number of neigh
boring raw-sugar factories contracting
separately to sell the latter's produc-
ton of sugar. Over and above this
control of the raw-sugar factories, the
S reineries under the leadership of the
Hungarian General Credit Bank, in
Budapest, will support central bu-
reau of sale, through which all Hunga-
rian sugar will come on the market at
prices fixed from time to time. These
prices will depend on the arrangement
not yet fixed upon with Austria's sugar
concerns, which are threatening to
flood Hungary with 10000 metric tons
yearly unless they are given some share
in the profits of the new Hungarian
trust.
According to the published report
of Messrs. Wertheimer & Frank, of
this city (Budapest), the Hungarian
factories have succeeded thus far in
supplying the home market
with refined sugar, as the Austrian fac |
tories will not be ready with their new
product, especially loaf sugar, before
November, The struggle between Hun
gary and Austria will continue, they
think. for some time, though the prices
of all refined sugars have fallen $I.32
per o2o.46 pounds. Present prices are,
per 22o.46 pounds: Loaf, $I4.2I; cut,
SI46I; granulated. $I4.
"The amount of premium sugar ex-
ported from the lands of the Hungari-
an Crown during the years ended July
81, 1902 and 1903, was as follows:
;, Over oo.3 Under 90.
Year per cent per cent
Metric tons Metric tons
1902, ...... I46,S44 1891
1908 .... I4I,I34 so,26I
THE amount of raw sugar exported
rom Hungary to the United States
Turing the calendar years 1901 and 1902
vas 1902 and 8,s68 tons, respectively.
during the first eight months of
oo3 no sugar was exported from Hun
,ary to the United States"
Consul General Oliver J. d. Hughes.
It Coburg, Germany, writes the De-
'artment as follows, regarding a beet
ugaf factory in Turkestan: "Near
laschkent, the capital of the district