The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1911-09-19
SUGAR TRADE
Continued from page fiveD

all but overwhelming so far as Their
| Chinese market is concerned. In
spite of the increased and increasing
, output of the sugar refineries of For
mosa, the refneries of HongkonG may
draw salvation out of the situation by
some arrangement with crude-sugar
producers in the former island-an
arrangement which, by reason of sub
sidized steamships from Formosa to
Hongkong and short hauls might be
very advantageous. But this arrange
ment would be destructive of the trade
with Java, on which sugar supply the
Hongkong concerns now rely, and it
is quite possible that the destruction
of this trade would work more to the
final advantage of the Formosan re-
fineries than to that of the Hongkong
concerns.
Since free trade in sugar up to $780,
900 tons between the United States
and the Philippines has beeI estab-
lished the Philippine crop has been
shipped to the United States, and the
development of the Formosan industry
has had no very serious effects W or
the American insular possessions in
the Pacific. Upon Java, however, the
full force and effect of the develop
ment of the Formosan industry. the
curtailment of the shipment of sugar
to Japan, and the dumping of the For
mosan crop in China have been visit
ed. The 1910 shipments of sugar from
Java to Hongkong for refining and
sale to China and other northern and
eastern points fell off abou. so rer
cent. Present reports indicate that
the same direction. The Hongkong
refineries are doing less and less bust
ness, and what they are doing is less
profitable than formerly. Imports of
sugar nito Hongkong from January
to May, inclusive, in 1911 amounted
to 81 1899 tons as compared with o.
1876 tons in 1910 and 124,91S tons in
1909. However, in the same period
sugar into Hongkong from January
transit has amounted to 22,S35 tons as
compared with 367 tons in 1910, and
1882 tons in 1909, of all of which
Java has furnished an average of
about SO per cent. Most of this now
ever, goes to destinations other Than
Chinese ports.
In the meanwhile the development
lof Formosa's sugar industry has pro
ceeded rapidly The amount of sugar
produced in the island last year has
been estimated to be 573,225, 900 lbs.
of which 192,519,OOO lbs. were refined
sugar and 44O,7O6,OOO lbs. were brown
sugar. The sugar companies have
lprospered greatly. In short the bust
ness has so far advanced in the AS
few years that the Government ha.
decided to stop paying subsidies. Or
the other hand, the sugar interest;
have asked that the limit to prodIc
ton IN the island be removed, anC
Some are extending their operation,
greatly, one company, for example
planning a great factory at Kwan
teihyo, in Southwest Formosa, with
capacity of 1900 tons of raw suga
per day. Naturally a market for thi
sugar must be had. The fact that re
Gently 10000 tons of Formosan crud
sugar were shipped to London nd
Gates one line of outlet for the prod
uct Agents of the Formosan suga
interests have been in HonglIong TO
{ some time in connection with the fun
Their expansion of their business
Dutch and Javanese interests declar
that their plan is to secure sales an
other agreements in Hongkorg to shu