The Garden Island. [volume] (Lihue, Kauai, H.T.) 1902-current, 1914-09-01
kauai SUGAR THAT
SOLD VERY HIGH

Hawaiian Sugar (Makaweli)
got a big lot of sugar into New
York at figures above cents, re
turns concerning which have be-
gun to arrive. In the first lot there
were 537 tons, which brought the
very high figure of 6 81 This
was followed a few days later bv a
very large shipment of Makaweli
sugar. which arrived at Deleware
Breakwater at col. There were
2,579 tons in the latter shipment.
the total value of which ran into
big money,
McBrvde plantation is known to
have been about equally fortunate,
in proportion, of course, to output;
although the exact figures have
not vet been received bv Mr.. Alex
ander. In the shipment for which
Makaweli received 6.52, McBryds
also had something like 600 tons.
and in addition had considerable
in the shipment which brought
.0l, but the exact number of tons
is not vet known.
Sugar was 3.2o at the time the
present boom started some weeks
ago. Taking those figures as a
base, Makaweli is ahead S174 oS7.
so from the two shipments in
dicated. alone. as a result of the
advance in price. with more to fol-
low. In proportion to output it IS
believed that McBryde is doing
very nearly as we'll.
Koloa is also in fine position for
some high prices. That plantation
has 1886 tons afoat or, at anv rate,
away from here. 1t is believed
that considerable of it reached the
market in time to catch a price a.
bove cents, but particulars have
not yet beer received. In addition
to that lot of 1886 tons. Koloa has
814 tons ready for shipment and a.
bout 500 tons yet to be milled.
| The unshipped as we'll as the un-
ground sugar stand a good chance
of high prices also; so that Koloa
will come out fine OH very large
per. cent. OF the years output.
The Advertiser of last Wednes-
day contained the following on this
general subject:
| The American Hawaiian Com
pany's steamers PENNSYLVANIA and
Georgian arrived at New York last
Monday, according to advices re
celved in Honolulu. Both vessels
carried a total cargo OF fifteen
thousand tons of sugar from these
Islands, the price of which increas-
ed to the amount of S9l6, 900 dur.
ing voyage from this port to the
point of destination.
When the sugar was started
from here the price quoted was
5.29 or sos 80 per ton. When the
sugar arrived in New York Mon
dav the price for which it sold wa:
sol. or $1,000 per ton. Boil
cargoes had a value of 1887 00t
when they were placed aboard the
ships in Honolulu and other Is
land ports. This had jumped tC
81 ,8O3 900 when the sugar reached
destination.
Probably never before i'll the his
tory of the sugar industry III these
Islands has there been such {
tremendous advance i'll such ;
short time in the price of its princi
pal product.
MEANS A HIGH AVERAGE
II is the belief of A. NJ. NOVEL;
secretary and manager of the Sugar
Factors Company, that the rapiC
rise in the price of sugar i'll the
past few weeks will result in bring
ing the average price for the entire
crop of $40, 900 tons up to $3.50
per hundred, or $40 per ton. Las
year the price averaged So so pei
hundred or $40 per ton. About
at an average price of $40.
The price of sugar yesterday wa:
quoted at SIT, while refined sugar
was quoted atlas. This differenc,
of nearly 81 so per hundred in thu
price of raw and refined sugar il
taken here to indicate that there il
! still a strong demand for suga
and that the price will not go mucl
r lower. The rule heretofore ha
r been to make the differential be
tween raw and refined sugar abou
eight-hve cents per hundred. 1t
now nearly double this amount.
MILLIONS FOR HAWAII
IT is now figured that the last {
+ 148, 900 tons remained unsold II