Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1910-11-02
I,755,SI3 TONS
SUGAR increase
Continued from Page ~

y
Otto LIGHT was $4,000 tons lower
on October than +. o. LIGHT, and
his next estimate is awaited with in.
terest
Demarara Is Offering crystals for No
vcmber shipment at above present
values here, but which may interest
buyers before long.
louisiana Is expected to begin her
new sugar season this week, against
a week earlier last year
India figures herewith show August
imports $4,000 tons decrease. and H..
900 tons decrease for entire season to
date.
To'al stock in United States and
Cuba together. 1898 tons. against
19s,93S tons last week 135,i75 tons
last year.
MEETINGS will show reduction next
week. as several refneries 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 tnlS time OF the year.
European Beet sugars are offered
for shipment to New York at 9s. Cd.
C. & I, (3.90c).
OUR NEW CUBA CROP EST.
MATE.-Weather conditions through.
out 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
ly satisfactory. while new paintings
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 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 7 per
cent, or say, total of 200 900 tons
with tendency to further increase, dc
pendent upon continued favorable
weather.
WORLDS PRODUCTION ANc
coNsUMPTioN.-The new cane and
beet sugar crop Of the wrold give
promise OF an enormous total yield
estimated to outturn possibly 1,755.S1a
tons more than those OF last season
In the 19O9-1O campaign the produc
ton was In tons:-Cane, $500, 592;
European beet, 6.13S.0OO. and Ameri
can beet. 450,595; total 1881 1877
while for the new season G910-lD this
estimates are:-Cane. $500 900; Euro
pean beet, 100000, and American
beet, $4,000; total. 16.647,0 900 tons.
II is interesting to note that las
season the cane sugar crops OF tn,
world amounted to 1,7l3,99 tons NOR,
than the beet sugar production. bu
the prospects are that next seasoI
the cane crops VIII prove to be onl,
$4,000 tons larger than the bee
crops,
Last year at this time we estimated
that the stock in principal countries
would be reduced to less than 991 "a;
tons (stock Sept. /. 1907 at the en-,
of the campaign unless consumption
was checked by high prices; as |
turns out, the year closed (Septembe
|, 1910 with stock OF 1.OS6, 4O3 tons
the high prices which ruled havini
unquestionably caused the consumr
ton to be curtailed.
Part OF the expected increased pre-
duction will be needed to All deplete,
Invisible stocks. but the indication
are that there will be enough. surplu
to cause low prices. which will Undue
a large increase In consumption tn