The Hawaiian gazette., 1914-10-02
Willett and Gray''s Report.


prices, so confidently predicted By
many, would now be in full progress
All British refiners buy and sell RAW
sugar as well as refined and act at
times in the capacity Of merchants
As IL Is, Great Britain, cut on from
buying here, sought other markets and
has secured enough sugar elsewhere to
meet its wants for n long time 10 come.
as TO raw sugars, except for Immediate
Use, but still requires a certain amount
Of refined from us, which cannot be had
elsewhere. This demand may Continue
through the coming months to extent
CT say $4,000 TO 10000 tons per month.
but IN the absence Of domestic tlemand.
tits amount can be readily spared with.
out advancing prices What might
have been a critical situation at this
time and in October has been beautI
fully solved by the policy used under
extraordinary war conditions 10 protcct
our home interests
Refners now are in position 70 meet
the foreign demand for rehaed without
detrimant TO the domestic Interests
and the result of this transfer Of bust.
ness on the reduced scale Of britain =
requirements has caused an easier tone
TO our raw market with more dosiro
sugars as well as supplies for shipmonf.
After 627e duty paid for 96' Centri.
fugals, the week shows downward sales
as given herewith and closing with the
market quotation reduced 10 soc PER
h., with further sellers at this basis
Information in our paper will DO
found Of interest covering the prospects
Of an early beginning Of domestic Beet
production in some sections as Cali
fornia, Utah and. Colorado, and some
delays in Michigan and Ohio, etc.
IL is interesting to note that the
Java crop exports to September IaI
were only about one half as large as
last year, and have an important bear
1 ing upon British supplies as being de-
layed until late in year.
Advices from London report that
under the Government 3 Limitation Of
prices the consumption Of the United
Kingdom has not been diminished thus
far and that enough Government sugars
have been transferred TO Glasgow to
enable refneries theer to resume opera.
tions. Thus far there are no signs Of
any refners increasing its capacity.
Germany, it is seen, hopes to open
ITS beet sugar campaign early although
with some difficulties As Germany
Il 81
August LIST Of 507 ,545 tons, and used
in August about 100000 tons az home
and exported none, and has new crop
now maturing estimated at 2.72eo0lI
tons; IL n possible to suppose that con.
ltinued prohibition Of expectations will
not prevent some Of this sugar finding
its way out of Germany to neutral
countries, provided facilities for ship
ping same could be found, in exchange
for cash, so much more needed just now
than sugar, aud even though sugar il
considered contraband.
! British writers claim that Russia can.
and win, export sugars to the United
Kingdom from its large stock left over
and its good now crop.
IL looks as ii the Brussels Convention
conditions may not be held binding BY
several countries during the war.
From Cuba report some rains, but
still more needed TO improve crop pros
poets. The visible production Is now
within 4,76S tons of our estimate of
2550,O00, tons, which II bids fair 10
exceed TO some extent, at least. There
is only one Central now at work.
| Refned.-There has been no change
in the not low prices OF Granulated at
l1.l05c per H., hut during Saturday Ar
buckle and Warner came down TO 7Kc.
less 2 per cent, and all re6ners are now
on this basis
i The demand for export refined in abb
sence of local demand is expected to Be
sufficient to keep prices steady ut pres.
ent basis. otherwise some concession
mrght be expected, The amount Of ex.
port refined sold this week is estimated
1t $4,000 tons, mostly, Il not all, 20
lprN IN 4 q
II is said that Italy has given permits
Flon for export of 10000 tons Of re-
fined 10 Great Britain, from large
stock left over of old crop sugar and
somo business has probably been put
through.
California Beet sugar Is now on the
markct as far east as Chicago at Gle
lper ID, delivered, the sellers beinR the
original buyers Of contracts from fac
tory at very low prices, say 4hc 10
l4lgc per ID. Within few weeks the
influence Of tho domestic boot crons
viii be more felt on the market than
now
] The restriction recently placed by
rehners ON the quantity Of bags ob.
ltainabie under contract has now been
removed, Buyers can obtain any auan-
tity Of bags desired,
Cuba Crop From our regular cor.
respondents Havana. September 10.
l9l4.--The weather during the mast
month Of August has not been favor.
able for the cane fields. A little rain
has fallen occasionally, Impeding tho
canes from suffering damage, but these
rains We're not sufficient for the full de.
Eelopment Of tho canes; to attain this
end, abundant, general, soaking raina
are needed.
! During these last few days il has
rained Q little moro regularly, but not
all that would have been necessary Tor
the development Of the next crop. Ths
general opinion is that our next crop
Twill be shorter than the present one
how much 50, cannot be aseertained
now, as everything depends on the wea.
thor during the rcst Of the present aud