The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1915-07-23

222,469 tons, or ll.SO per cent
A Good Showing
| The first six months of 1914 showed
che phenomenal increase over CORES
! ponding period Of 1913 of 245, l31 tons,
or 1899 per cent.
| The 1914 period preceded all thought
of a general war in Europe. The com
/ plete year 1914 showed the effects of
the war and high sugar prices on con-
sumption by giving an increase in con
sumption for the whole YEAR of only
, 0.473 per cent. The first six months
of 1915, with coptinued high prices,
have caused a slight decrease only,
which under the circumstances we
think is a good showing.
! London under date of June 10, 1915,
. states that the prime minister, when
asked recently whether, in view of the
! continued high prices of commodities,
! the government could now see its way
to permit the free import of sugar in
to tho United Kingdom, except from
enemy countries and, II not, whether
he would give day for the promised
discussion of this prohibition at con.
venient interval after the report of
the sugar commission had been issued,
replied as follows: &C.,. 49,.
81 am advised that the free i'm
port of sugar in the excer tional cordi-
! tions which now exist would facilitate
speculation and lead to a rise in price,
SO far as | am aware, no section of
the sugar trade, or any Of the allied
trades desires freedom of import at
= the present time.
PetTograd advices dated June IS re,
L. \ l.
! A serious ear shortage interferes W tn
all commercial shipments so that even
when sales are made delivery is uncer,
tain.
F. .. Licht's report dated June 10
0tntes that in GERMANY weather con.
ditions were warm days. but cool
nights, q fair amount Of rainfall but
the benefit derived therefrom. quickly
lost by high winds following the rains.
Field work made fair progress The
thinning Of the beets is nearly com
rIeted, with the exception of the nor
thern districts, The beets are receiv-
ing their second boeing, as the short
age OF labor is not felt now after the
first fodder emitting. The stand Of the
! eets con only be said to be partly
favorable, as in most regions the rain
fall has, been deficient this season
The early p!a"'ings show up better
than the lat. 'ncs. however. In gen,
N~al the condition of the crop is much
behind that Of 2 normal year.
In Austria Hungary the weather
continues dry. Holland reports hot
weather and exceptionally good grow
ing conditions. Il w.
Federal g, Sugar Refining Company
have rostea the following under date
Of July !, 1918:
We have heard rnmors that there
was some criticism of refiners because
it was claimed they were selling for
evnort at lower prices than to the
domestic trade. This is no doubt due
to pot giving the facts fun considera-
ton. 1T is overlooked that in making
sales for exnort, on O net cash basis,
delivery to be taken ,ex refinery dock,
there is saving of 1l2 points dis
count, plus lighterage, freight absor~-
ton. storage and interest, which soon
swclls this to 90 points.
Furthermore, by melting a percent.
poe Of full-dutv paving raw sugar with
Cuban raws drawback Is obtained
that would average l.l0c to 1.15c per
hunar"d ponds. Whom al theso trinps
are taken into consideration it is read.
ilv seen that sales for export in cargo
| lots hes been mighty good business
and that the domestic trade was not
, Disseminated against
Raw sugar futures were again low,
er. Total sales for the week were
l4.05o tons. May, 1915 elos ed at $40
ND aAa Psk"d: and, Iu"o 3.42 to
S.45. These ar" the first June urota,
/ tions quoted. There were no sales for
February, April, May or June Sales for
February, April, May or June delivery.
At the close hid and asked Wow,
August. 395-396; September 4 % -
4,n3; October 4OG-4.O7; Novem or
S97-@.9S; December, 3.67-3.6S; Jan.
uArY. 3.4l-342