The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1914-08-27
EXPLAINS HIGH
PRICE or SUGAR

The Sugar Products Co of New YorE
has issued the following statement:
Europe and America are now en-
Gagged IA 2 battle royal for sugar Tha.
is the primary cause Of the high prices
that now prevail. Cut off by the out.
break If the war from her supply oI
l,SQ0.000 tons Of sugar ordinarily Sc.
cured from Germany and Austria Hun
gary England turned to the nearest
available sugar market. which hap
pened TO be New York Backed by
cash, assuming all the war risk in
yolyed ia shipment. and ready to pay
whatever prices might be necessary to
secure sugar, British buyers invaded
the American market. Within little
more than week, they purchased al
most 100000 tons Of raw refined sugar,
bidding UP the market nearly cents
pound in the process of getting it.
Their buying subsidized temporarily
only when they found it impossible to
secure further prompt transportation.
As another war measure for securing
supply OF sugar, orders were issued
IN all the sugar growing colonies Of
Great Britain forbidding the sale Of
sugar except for imperial use.
AT the outlook Of the war the visible
supply of sugar available on the Amer
lean market was barely sufficient to
last until the new crop Of American
grown sugar should begin to become
available in October. The withdrawal
of 100000 tons from this supply ere
ated serious shortage. and inquiries
received Ia the New York market in
dicating that England would seek to
obtain several hundred thousand tons
more Of sugar, and that other Erro-
pean countries might endeayor to pur-
chase sugar here, threatened to make
this shortage much more serious AS
a result, American purchasers in the
sugar market. seeking to pocket their
own trade, ehterod into active compe-
titlon with the foreign buyers in the
scramble for sugar To make the sit
uation more acute. consumers in all
parts OF the country rushed to lay in
supplies far in excess OF their ordin-
airy purchases, thus accentuating the
scarcity.
The prize for which the buyers OF
Great Britain and America are con
tending is the Cubar sugar crop. Eng
land and the United States each inn
pert annually about 1000, 900 long tons
os sugar The Cuban crop is about
2.5O0000 tons, enough to supply one
of these two big customers. but entire
Is Inadequate to meet the needs Of
both rho prospect. therefore. is for
q keen struggle on the part Of these
two countries TO secure the bulk Of the
coming Cuban crop in case the war
continues for any considerable length
Of time
When the present blockade Of ship
ping is relieved, II is probable tina.
ureat Britain, and possibly also the
United States, may obtain some sugar
irom tropical can growing countries
other than Cuba The fact remains,
however. that the European nations
producing annually 8,OOO,00O long tons
Of sugar, or 45 per cent Of the entire
worlds sugar supply, are now at war.
A large part Of this crop will be sacri-
iced how much remains to be seen.
At any rate. approximately 100000
tons ordinarily exported from these
countries is Withdrawn from accustonl-
ed trade channels. and this means
world vide scarcity Of sug.r while
The war continues and probably for
some time aftervarhs