The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1914-10-30

IAAyhtl ASAS-Aos a nc AdtfbnoIb viii IIuD-
ably be larger than this by reason Of
inadequate ayailabls supplies and con.
Sequent higher range of values. OF
this required amount Great Britain has
already secured some 100000 tons
cane sugar, requiring 20 complete the
campaign year, say 6S5,0O0 to $4,000
tons more. N#
Java sent $4,000 tons forward to
the United Kingdom in September, ont
Of the 100000 toms bought Ii not in
tercepted by German cruisers in the
Indian ocean it should reach Great
Britain next month for Immediate use.
Mauritius also supplies, for shipment
TO United Kingdom, 100000 tons. De-.
merara 10000 tons and Cuba, out or
the new crop, January March delivery,
200.250,000 tons. II nothing and no.
body interferes with these sugars IN
passage Great Britain is well supplied
already for say seven months to April
I, 1918, at the rate Of 100000 tons per
month. N
On the necessity Of United Kingdom
supplies rests largely the price &C sugar
to the United States consumer after
next April. The United States during
past few years did not import and does
not need any beet sugar from Europe,
provided its free and preferential sup
ply sources are not lessened by the
buying Of Great Britain and other for.
eign countries more largely than usual
1t does not seem TO MS that If the
I question of supplies to demand is han
died as intclligently by Great Britain
as it has already done, that there need
be any very extraordinary rise in sn.
gar prices for this campaign. III
The tendency will naturally be mp.
ward 10 some extent from the opening
prices Of the Cuba crop, as the pres.
sure to sell diminlshes.
Germany and Austria Hungary are
now harvesting their beet crops, hav,
ing impressed into the service. accord
ing to some reports, Russian, Belgium
and British prisoners, most Of whom
nre quite familiar with beet field work
These crops ore estimated by +. o..
LIGHT this week, as given herewith. at
4,S75, 900 tons together, against 4, 423,.
00O tons last year. Inasmnch as exi
ports from these countries were stop.
ped after August I, there remained IN
stock there some SCI, Jos tons, as stated
by US on October 5. IN. .1
The stock on hand, and the crops now
harvesting, comprise an immense
amount Of sugar TO be warehoused, and
financed under war conditions, il il is
| to DO kept undistributet until the end
of the war. II il can be financed and
thus kept for home consumption
throughout the war period, there will
be no need Of sowing beet seed next
Spring, and grain crops will be snbsti-
tinted Tor sugar crops Chat is another
question of interest some time hencel.
The present status Of Great Britain
is that she will not accept sugars Of
any country at war with her, either d.
rectly or through neutral countries.
Hence, if German or Austria Hungarian
sugar could come to the United States,
they conId not be refined here and ex.
ported 10 Great Britain without a
change in the present situation. ~
i That German and Austrian manufac-
turers believing the embargo will soon
be removed would willing part with n
considerable quantity of their sugars to
the United States is evident from the
fact that offers to sell have already
been made, not only by mail, but by
duly accredited representatives of the
Factories, Associations and Banks.
| The difficulties IN the way of making
sales are considerable al the present
time and without the full assent Of
Great Britain must reinainso Indefinite
ly. Furthermore, as the sugar must pay
the full duty of l.256e per ID. on 80
raws and LS6c per h. on refined, there
is not at the p'escnt basis Of values
here sufficient mduesmeRt offered in
prices named 10 warrant importation by
Americans. hs.. T.
Hence, FOR the present at least we
dismiss all expectations of imports Of
beet sugar into the United States 20 at
feet the conditions as they exist Ia re-
lation to cane sugars. II
We, of course, in these conclusions
accept the now general belief that the
war is TO continue over the summer
Of 1915 as the shortest limit. NfssyE
While at one time il looked as il
there would be considerable difficulty
and danger IN shipping sugars from
lava to England, owing TO the netivity
Of German cruisers in the Indian ocean,
these cruisers taking advantage of the
absence of British cruisers, apparently
being used to convoy transports OF
Indian troops TO Europe, it now appears
that this impeachment in shipping has
been largely removed, as win be noted
by our regular Java cable received yes.
! terday,
| This cable reports actual shipments
of Javas TO the United Kingdom dur,
ing September Of $4,000 tons, with 90,
coo tons additional that have Amer.
'iGan as well as European options
The shipments to the Far Enst arc
| IOI 00O tons making the' tntaln aNnoPts
during September the large figure of
$4,000 tons, against last years total
exports for September $4,000 tons,
Our previous advices regarding the
Java crop were that, unless weather
Improved, the crop estimate would
have TO be reduced. The weather ap,
pRrently not improving sufficiently, tha
crop is reduced 10000 tons to l,2SO,OO0
tons, against l,S45,O0O tons last year.