Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1914-01-08
WILETT GRAYS LATEST
J., REPORT ON SUGAR INDUSTRY

and spectators as wen as the Unitey
Kingdom refiners and spectators
Our usual annual statements of ths
sugar trade of the United States vii
be published in following issues.
We refer to our intere sting eablt
sdvices given herewith and other de
tailed news. ....
Louisiana Centrifugals follow Por
TO Ricos and are now quoted at 2ssc
+. o. b. New Orleans, equal to 3.05c
landed New York.
European markets have remained
about steady at or below ss., the De,
cember and January beet delivery be,
ing quoted at IS. 11kd. (S.sscl, and
May at 9s. I'D.
The United Kingdom continues to
be interested In Cuban sugars. and
on one day cables reported sale to
England on basis OF 9s. c. L (. Liver
pool. say 1@S3c T. o. b. Cuba The lat.
est business shows better prices. as
I93c (. o. b. Cuba Is reported done,
Buyers views are now reduced.
however, to 1.S0c I. o. b. Cuba, or
say 190c c. q +. New York
At the close the market Is still
somewhat unsettled, and offers for
Porto Ricos are solicited at q reduc-
ton Cuban weather is reported Ia
yorable for crop making, which Is
progressing rapidly.
NEW SELLING TERMS. mo bust.
ness is yet reported to have been
done on the new terms recommended
by the majority vote az the trade
meeting on 18th inst, as but little In
terest Is shown in sugars to arrive
after March /. when the new terms
are intended to go into effect.
Two refiners will doubtless object
to buy on these terms, one having
opposed, In letter, any change from
present terms, and the other having
stated at the meeting that he would
not agree te be bound by the action
taken
Naturally, Ii will take little time
for all interests to be OF one mind IN
such matters. and there may. posi-
bly,. be some irregularity of terms
under the abnormal conditions which
win prevail pending the putting into
force of the new tariff, but actual
business is expected to adjust these
small differences before the cam
paign Is well advanced
HOLIDAYS raw and refined.
sugar trade has decided to close It's
offices from Wednesday, December
"a. until Monday, the 10th, for the
Of Christmas.
CUBA CROP Special cables re-
ceived by us from Havana, Cuba:
December 10, 1913: Light rains
in eastern province of Cuba, weather
fine in western Provinces; II Gem
trails grinding against 50 last year
and 50 in 1911.
December %, 1913: weather fine !:
SO centrals grinding, against 81 last
year and 43 In 1911.
LOUISIANA CROP ESTIMATE.
New Orleans, December Is, 1918
'sNeither tonnage nor yield per ton
has justified estimate (based on acre
agel,.. in early part OF season, viz.
goo, 900 tons (2240 lbsl, The general
opinion is now that $50 to 275.000
tons of sugar is all we will get; some
say 100000 tons.
Biased on above we reduce our es.
innate OF the crop to 100000 tons
w. e Cd
LOUISIANA CROP Cool, pleas.
ant weather has prevailed during the
past week and proved generally ia
vorable for fieiu work in preparation
for next crop, although light rains
would make the soil more free for
The present crop Is pfacs
ideally over and weather conditions
IAN have but little further effect on
i.
Temperature at New Orleans
72deg.; minimum, 50deg.
Fahrenheit.
EUROPEAN BEET CROP. Special
able received by us from F. O. LIGHT.
Iadgeburg. December 10, 1913. adjust
ng his estimate for some Of the coun-
ries of Europe as follows:
1854 1928 Out