Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1914-09-29

raws and the immense rise In prices
so confidently predicted by many,
would now be In full progress.
All British refners buy and sell raw
sugar as well as refined and act at
times in the capacity of merchants.
AS it is, Great Britain, cut of from
buying here. sought other markets
and has secured enough sugar else
where. This demand may continue
through the coming months to extent
of say $4,000 to $4,000 tons per month,
but in the absence of domestic de-
mand,S this amount can be readily
spared without advancing prices.
What misht have been asrfticaI sifua.
ton at this time and IN October has
been beautifully solved by the policy
used under extraordinary war condi-
tons to protect our home interests.
Renners now are In position to
meet the foreign demand for refined
without detriment to the domestic m
terests, and the result Of this transfer
OF business on the reduced scale Of.
Brftain's requirements has caused an
easier tone to our raw market. with
more desire by holders to sell their
warehoused sugars as well az sun.
plies Tor shipment After 6.27c duty
paid Tor So deg. Centrifugals. the week
shows downward sales as given here
Win and closing with the market
quotation reduced to $3.50 per h.. |
with further sellers at this basis.
Information In our paper viii bel
lound OF interest covering the pros
poets OF an early beginning of domes.
&c beet production in some sections
IS California, Utah and Colorado. and
'ome delays In Michigan and Ohio. etc.
IT Is interesting to note that the
ava crop exports to September were !,
,niy about one-half as large as last
ear. and have an important bearing
lpon British supplies as being delayed
Until late in year.
Advices from Loncon report that
nder the governments limitation oil
rices the consumption Of the Initial
Kingdom has not been diminished
nus far and that enough government
ugars have been transferred to Glas.
oW TO enable the reffneries there toi
esume operations. Thus far there are
9 signs OF any refinery increasing its ,
apacity.
Germany, 1t is seen, hopes to omen
beet sugar campaign early although
18th some difficulties. AS Germany
40 stock OF old crop sugar on Aug.
50 l OF 507,545 tons, and used intc
ugust about 100000 toms at home and 7
1ported none. and has q new cropI Z
DIV maturing estimated at 2,73S. 600 q
ms. II Is possible to suppose that 9
,ntinued prohibition of expectations I
III not prevent some of this sugar j
noing its way out of Germany to o
sutral countries. provided facilities Z
shipping same could be found. in G
lcnange for cash, so much more e
'eded just now than sugar. and even n
ough sugar is considered contraband O
British writer's claim that Russia D
=, and will, export sugars to the v
1ited Kingdom from its large stock
z over and its good new crop. fc
II looks as ifithe Brussels Conyen. 10
n conditions may not be held bind q
3 py several countries during the p'
If.
From Cuba we report some rains.
sui more needed to improve cropl
aspects. The visible production Is ~
W within 476s tons of our estimate ca
z,550O00 tons, which it bids fair 81
exceed to some extent, at least LEI
ere is only one Central now att
rk. -
At the close sales are reported toll
American, part with outport CD.
ms. at 4%c c. & f. $3.50, for
'mpt shipment which we quote as
IT values.
fined.
{ Is said that Italy has given per-
ssion for export Of $4,000 tons oil