The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-11-03
WILLETT & GRAY'S
REPORT ON SUGAR
Continued from page nveJ

Der 10. until the close, when larger
sales we're made of sugar stored in
New York and Philadelphia at 3.S5c.
and for shipment from Cuba at 21sc.
c. & f. (3.S6c).
The crop news referred to relates
tc Mr.. F. o. LIGHTS estimate of 400
600 tons beet sugar crops of Europe
against G,13S,OOO tons fast year, an
increase of 1862 900 tons.
Also to our own estimate of worlds
cane crops and including the Cuba
crop OF 100000 tons against $780,
coo tons last year.
Our United States domestic beet
crop estimate of 445,O00 tons is $685.
tons less than last year.
The entire cane crops of the world
show a possible increase of 199,40S
tons, and cane and beet crops together
a possible increase of 1,755,S13 tons.
assuring a considerable lower level of
prices for this campaign from the one
now closed.
Details of the sugar situation given
as relates to Cuba, and the effect of
the hurricanes which passed over the
western end of the island.
The present beet crop estimates
give an increase for Germany of
about 20 per cent; Austria, 81 per
cent France, per cent; Low Coun-
tries, q per cent; say 20 per cent in
crease for all convention countries,
and 50 per cent for Russia alone.
Altogether, for Europe, including Rus
STA, "a per cent increase. The crop
estimates have increased 100000 tons
over the maximum Commercial" es-
innate of September.
Otto LIGHT was 100000 tons lower
on October than F. o. LIGHT, and
lis next estimate is awaited with in
terest.
Demarara is offering crystals for
November shipment at above present
values here, but which may interest
buyers long before.
louisiana is expected to begin her
new sugar season this week, against
a week earlier lest year.
IndiI figures herewith show August
imports $4,000 tons decrease, and 49,
900 tons decrease for entire season to
date.
Total stock in United States and
Cuba together, 167,O93 tons, against
19S,93S tons last week 135,475 tons
last year.
Meetings. will show a reduction next
week, as several refineries are cur
failing production in view of the de-
creasing supply of raws, pending arri-
val of new crops and because of the
, small business in eastern graduated
, at this time of the year.
European Beet sugars are offered
for shipment to New York at 9s. Cd.
C & f. (S.9S).
OUR NEW CUBA CROP EsTl-
MATE.-Weather conditions through
cut the growing period this year have
been ideal in some localities. and not
entirely favorable to date in other
parts, but as a whole they were fair
lily satisfactory, while new paintings
l.. averaged about normal. The recent
hurricanes passing over the island
proved more beneficial than otherwise
because of the heavy rainfall.
We have just received special re-
ports from a large number of Central
factories located in all the provinces
showing that the expectation is to
grind an average of more than per
cent. increase of cane this season.
The present condition of the cane
is reported to be as good as or better
than last year.
Based on a production in Cuba last
season of 100000 tons, very con
SENTATIVE estimate of the new 1901
crop would be an increase of pei
cent, or say, total of 100000 tons
with tendency to further increase, de,
PENDENT upon continued favorable
weather.
WORLDS PRODUCTION ANC
f. CoNsUMPTIoN.-The new cane ant
: beet sugar crop of the world give
promise to an enormous total yield
estimated to outturn possibly 1,755,S1;
tons more than those of last season
In the 19O9-1O campaign the produc
tion was in tons:-Cane, S,302,5 92
European beet, 6,13S,OOO, and Ameri-
! can beet, 450,595; total 1881, 1877
| while for the new season (1910-10)
t the estimates are.-Cane, S,502,000
European beet 100000, and Ameri-
can beet, $4,000; total, 16,647,OO(
tons.
1t is interesting to note that las
season the cane sugar crops of the
world amounted to 1,71S,997 tons more
than the beet sugar production, bu
the prospect are that next season
}. the cane crop will prove to be only
$ $4,000 tons larger than the bee