The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1914-10-01


can grown sugar should begin to
become available in October. The
withdrawal OF 100000 tons from this
supply created a serious shortage.
and inquiries received in the New
York market indicating that England
would seek to obtain several hundred
thousand tons more Of sugar here.
threatened to make this shortage
much more serious.
AS a result, American purchasers
In the sugar market, seeking to pro-
tect their own trade, entered into
active competition with the foreign
buyers in the scramble for sugar. To
make the situation more acute, con-
sumers in all parts of the country
rushed to lay in supplies far in ex-
cess of their ordinary purchases,
thus accentuating the scarcity. AS IL
Illustrating the present dearth of sug-
ar in the worlds market, q few days
ago a small lot of sugar was offered
in New York for resale, when I'm ad-
dition to American brokers, represen,
tatives Of the Chilean, Argentine, Pc
ruvian, Greek, Swedish and Norweg-
ian governments were found bidding
for it, not for speculation, but for
actual delivery. Greece got the
sugar.
The prize for which the buyers of
Great Britain and America are con-
tending Is the Cuban sugar crop.
England and the United States eachi
import annually about 100000 long
tons of sugar. The Cuban crop is
about 100000 tons, enough to sup
| ply one of these two big customers,
but entirely inadequate to meet the
needs of both. The prospect, there
| fore, is for a 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.
Great Britain, however, in its SUI
gar accumulation, acts as II the wal
will last into next summer at least
Although she has already secured ar
over supply for the remainder Of
this year, yet she is now busy buying
the output of the next Cuban crop
She has already secured from thai
island 100000 tons for early deliver
les from January to March, and /!
now bidding nearly double the nor
NAL Cuban price for next spring ant
summer deliveries. In some instanc
es she has even offered to take thu
whole production of entire sugar es
tates at this price.
II European nations which normal!
produce 100000 tons Of sugar an
nually, or As per cent Of the entire
worlds supply, now are at war ant
the hope for anything like a norma
crop of sugar in Europe is vanishing
A large part of their sugar crop vii
be sacrificed-how much remains t,
be seen. In Belgium, So factorie
have lost their crops, involving 200
900 tons of sugar. The fields o
France, which supply her 213 factor
les and turn out nearly million ton
of sugar annually, practically all ar
within the active war zone. TIL
. Prussian sugar district Of German
already is the battling ground OF Gel
man and Russian troops and the Rus
slams are moving into the Silesia
sugar district. In Poland, Podolit
and other sugar Provinces OF wester
Russia there has been fighting be
tween the Russian and the Germa
and Austria-Hungarian troops, a
we'll as In some of the sugar district
of Austria, while in all these cour
tries the able bodied men have bee
called from the fields to the front
The 100000 tons of export suga
which these nations annually suppl
the rest of the world is withdraw
from accustomed trade channels an
this means a world wide scarcity
sugar while the war continues an
probably for some time afterward'
When the present blockade of shi
I ping shall have been relieved, 1t
possible that Great Britain and I'll
United States may obtain some sugi
from tropical cane growing countri'
other than Cuba, but even this wi
be offset by the fact that owing
the low price of sugar which has pr
vailed for several years past, Cut
has planted no new cane, and Is rel
ing solely upon ratoons. In the Ur
ted States, because of the reductic
in the duty on imported sugar, Il
Louisiana crop will be below norm
haat orpn will dr.