Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1914-01-08
WILLEFT& GRtY'S LATEST
REPORT ON SUGAR INDUSTRY


Kingdom refiners and spectators. ~
Our usual annual statements OF the
sugar trade OF the United States viii
be published in following issues.
We refer to our intere sting cable
advices given herewith and other de-
tailed news. + p,
Louisiana Centrifaeals follow Por.
TO Ricos and are now quoted at 25sc.
/. o. b, New Orleans, equal to 3.05c
landed New York.
European markets have remained
about steady at or below 9s., the DE.
eember and January beet delivery be-
ing quoted at IS. MD. (3.92el, and
May at 9s. 4hd. ~.mr-
The United Kingdom continues to
be interested in Cuban sugars. and
on one day cables reported a sale to
England on basis of 9s, c. |. T. Liver
pool, say 1.SSc (. o. b. Cuba. The lat
est business shows better prices. as
l.93c I. o. b. Cuba is reported done
Buyers views are now reduced,
however, to 1.S0c (. o. b. Cuba. or
say 1.90c c. & f. New York.
At the close the market is still
somewhat unsettled, and offers for
Porto Ricos are solicited at. reduc.
ton. Cuban weather is reported IA
vorable for crop making, which is
progressing rapidly.
NEW SELLING TERMS.-No bust.
ness is yet reported to have been
done on the new terms recommended
by the majority vote at the trade
meeting on 10Th inst, as but little in
terest is shown in sugars to arrive
after March l, when the new terms
are intended to go into effect
Two reffners 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 to be bound by the action
taken. ~ a
Naturally, it 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
will 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. Tho raw and refined
sugar trade has decided to close it's
offices from Wednesday. December
"a, until Monday, the 18th, for the
of Christmas.
CUBA CROP Special cables re-
ceived by us from Havana, Cuba:
December 49,. 1913: Light rains
in eastern province of Cuba. weather
fine in western provinces; II Gem
trails grinding, against So last year
and 50 in 1911
December 2S, 1913: Weather fine;
S3 centrals grinding, against 81 last
year and AZ In 1911"
LOUISIANA CROP ESTIMATE. -
New Orleans, December Is, 1913
Neither tonnage nor yield per ton
has justified estimate Chased on acre
age1, in early part of season, viz:
SOC, 600 tons (2240 Ibs1 The general
opinion is now that 260 to 275l000
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. & Gu
LOUISIANA CROP.Cool, pleas.
ant weather has prevailed during the
past week and proved generally IA
9orable for fielu work in preparation
ior next crop, although light rains
would make the soil more free for |
The present crop is prac.
.ically over and weather conditions |
an have but little further effect on
(. i
Temperature at New Orleans
Maximum, 72deg.; minimum, 50deg
Fahrenheit S.b
EUROPEAN BEET, CROP. Special |
able received by us from F. o. LIGHT.
Iadgeburg, December-19, 1918. adjust.
ny his estimate for some of the coun-
ries of Europe as follows: III. !