The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1910-05-12
:. s. WEATHER BUREAU May Last "a Hours Rainfall OIL
Temperature Max Sc Weather. fair

SMEAR from that country up 70 March
10Th (ouT latest date) l25,413 tons
from last year exports during same
time The policy shown by these tig-
ures indicates that Europe must not
expect help against short supplies from
that source. More than that. these
short Russian exports have necessitat-
ed increased exports to April LIST from
the short supplies of Continental coun-
tries to extent Of 10000 tons over last
wear. For the same months Of the
campaign wear to April 1st the con
sumption has increased 10000 tons over
last wear, so that now the Statistical,
position Of Europe, excluding Russia,
is as follows as we are able to collate
from statistics given by Messrs. T. O.
LIGHT and Otto LIGHT to April LIST
Estimated Supplies to September 1st.
Tons.
European stock April /. 1910. 2,ll7,2 39
Imports, April Sept, 1909. s96,s7l
Total estimated supplies... .3,o14,11o
Consumption, April-Sept., 1909 .. 90, .
Exports . ......... al .254
Estimated requirements on
last year S basis ..........3,0 OH $50
Estimated stock on above
basis. Sept l. 1910. .... 2,22S
Note-Our stock figures, April LIST.
are 2,16s,570 tons. or Al ,333l tons larger
than Messrs. LIGHT show. which would
leave a surplus September LIST of 40
2o3 tons. September, 1910. require
ments for consumption about $4,000
tons, must also be provided for by
importation outside Of the new Euro
pean beet crops.
This appears to be the conditions to
be anticipated before the close of the
present campaign, so that values based
upon the present offerings of sugar
beyond immediate requirement, will
be followed, sooner or later, by a de-
mand for requirements greater than
the supply as far as Europe is CON
cerned. America will wake up. also.
when that time comes, and Europe
tries to draw too largely from our
special sugar preserves.
Russia, by last cable advices, con-
templates action TO further decrease
exports by abolishing its expectation
drawback, and also even to encourage
importations into Russia from Cont
mental countries by reducing its i'm
port tariff below the excise tax on
consumption. Such action must please
the European spectators for the rise,
and discourage the refiners and con
sumers, who wish for cheaper instead
of dearer sugars. The [. X. consumer
is now paving well up to the American
consumer s price, notwithstanding the
lower I. X. duties.
The Cuba crop is drawing rapidly to
a close; 10 centrals closed down this
week and others follow daily.
The visible production to date in
creased slightly. The dry weather is
varied by showers foreshadowing the
begin. -ng of the rainy season soon.
Java cables favorable weather for
the growing crop, with recent estimate
of 100000 tons outturn unchanged
European beet crop is progressing
favorablv as to field work
The estimate of per cent increase
in beet sowings still holds good.
No damage was done to the Louis
lana cane crop by the recent freezing
weather which reached part Of the
state and injured cotton and fruits
The domestic beet crops are unin-
iured by the frosts and storms, plant
lngs having only Just begun and give
promise Of a good campaign wear.
At the close the renewed firmness
of beet sugar in Europe has strength
ening influence on our market and
would improve prices except for the
very free disposition of Cuba to sell
at current quotations.