The Hawaiian gazette., 1914-11-20
Finished SUGAR MAY De
TURNED OUT BY CUBA

, doubtlessHtc used as fuel for the LEGO
motives Of the Caraeas Railway. This
line, like the one belonging to Juragua,
does considerable amount Of hauling
for othcr factories In that section.
Evidence Of Activity s tl
We note, too, during the week the
arrival OF number OF ears for CieRo
dc Ayila, rails and switches for San
Pablo, similar equipment for Union,
structural stecl for La Vega, electrical
apparatus for Amistad, AUDI misceb
laneous machinery and equipment for
Geutrals San Francisco, Union, Soeorrc,
IPersevcrL neia, Toledo, Mercedi,a, Cuba,
Ammonia and Jobo--all coming in OF
the several steamers which have ar
rived from Boston, New York, Mobile
and New Orleans. f..
Sailing from Rotterdam on the
scvenLn The AuIdcrdilk OF the Holland
American line, brought in machinery
/ for Centrals Cunstancia, Adela, Union,
ulacia, Santa Maria, Moron, Aormigiic.
no and Soleuad, the consignment for the
latter being new tody tor an evapor
ator IT.,
Coming Cuban Money
Since our last letter the senate has
considered and acted favorably upon
the National Defense Law among who's
provisions is one authorizing the coin
ing of Cuban mOney--pot the issuing
of bills that would have only partial
guarantee behind them, but actual met,
| allie money The bill is now awaiting
the. signature Of the PRESIDENT, ana
there seelns to he no doubt that he
will finally approve ii, although il may
be that he will send it hack TO Congress
with the request that certain niinol
points be modified in order to facilitate
the Government 3 obtaining the neccs
sary metal out of which TO make the
coins that are to be put into circulation.
The representative bankers OF this
city have held conferences with tho
President at which were discussed the
valuations which would be placed upon
the Freuch and Spanish coins that now
leirculate. Due to the fluctuations that
are experienced even in normal timcs
and which have been very much &C,
centuated by the recent trend Of affairs,
this matter of giving q liked value to,
the luis and the eenteni is rather diff
cult. but a satisfactory Arrangement
win doubtless be arrived at shortly. Es-
pecially is this true az all the bankers
realize the help that the new currency
would atoru IN moving the coming
sugar CROP for, at present, some uneasi.
ness is felt lest the actual supply Of a
circulating medium will not be sufficient
Tor the volume of business that will be
done during the next six or eight
months. E.t
Taxation Question *. .ra.. .a. i Il
Thus far the Agrarian League has not
seen fit to take any formal aCtion upon
the suggestion which came from the
meeting Of ingenio owners held in NeN
York early this iaonth at which tint
those present signifea their Willingness
to aid the Government in tiding over
the difficulties which have followed the
decrease in revenues from the custom
house. President Negra Of the League
has made public another letter defend
ing his course of action, but, rs in his
previous letter, he seems to avoid the
main point at issue, although bis two
letters make it fairly certain that the
President of the League has no ca
thusiastic support which he cares 10
lend to this suggestion and that so Tar
as he is concerned the defeat of the pro
posals of direct taxation by the House
of Representatives closes the incident.
Little changed has been noted in the
state of the crop t:nce our last, the
rains continuing 70 he fairy general
althou"h of somewhat less intensi-
" than in previous weeKs. Wherever
possible there has been a continuation
of the preparations for all plantings
and the ingcnios are all making ready
for the beginning OF the GRINDING, geti
ting the batayp,nd house in shOpe and
bringing in liie wool which will sup
plant the bagasse 81 Last weeks report
of the Weather Bureau says that the
various observers Of lthat department
advise that a eontinunnc0 of the favor
able rains and high temparstares during
the day have both contributed 10 a sat.
isfaetory development Of the cane
which presents healthy aspect practi,
cally everywhere, although 1t is still
somewhat backward in certain districts,
among others in the zone tributary to
Cafdenas. or
Sugar Movement Light
Last week the arriyalsaof sugar OF
the ports were nil and the shipments
were also small. Likewise this weeks
exports do not reach high figure al. |
though there were some few lots that
hands locally, These were ~
900 sacks, polarization 06, MatRnzas at
reales the arroba; 1900 sacks, POLAR.
2 alton o. EMatanzas, al 9 q reales the |
arroba and 1000 sacks, polarization |
95.5. at 6 "a rea'es the arroba taaIF
The first nf these lots changed hands |
on Wednesday and the remaining two
on Thursday n The sale of other lots |
was rumorea but not condrmei, Als0
was rumored the sale of large lot TO |
English buyers for delivery early In the
coming year, but this was brought about
by the misinterpretation of a cabla
from New York. ..t t,.,,H
The market openedrOR Monday at /
the closing figures OF the week previous
was maintained ut this level until Fri.
iay aud then dropped a quarter Of a
real closing at 6 realcs the arreba for !
D6,tost, -, ..'. . .,. ..'
So foF ~ coIill Ip nntnd frnm tina