The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1915-10-15
.CUBA'S CROP LARGER
THAN WAS EXPECTED
WiHett & Gray Comment On Mar
ket As II Was To September 80

SAFES OF raw sugar IN New YORK dur
rig the week ending September 30
were only about $4,000 bags. Winett
4 Gray in their weekly report state,
in part, that the market was in general
firm, without buyers. There was little
Of general interest TO be said.
hurricane passed west of Cuba
and struck the Gulf Coast In the vicin.
ity Of New Orleans, doing some damage
there.
This report having been issued ono
week before the epoch making an.
nouncement of change of policy on
the part of the administration relative
to sugar duties the following must he
interpreted in the light Of later knowl-
edge.
OF the cane refined is to hold its
usual markets at this season" they
state, cts quotation must continue to
decrease until the domestic beet sellers
find it expedient to withdraw from the
extreme Eastern markets, as has been
their custom in former years, and will
likely be necessary in the present sea
son unless an unusual amount of orders
for refined come in from Europe to re-
lieve the cane refners surplus produe-
ton.
Regarding the new English tariff,
until the full text of the bill is at
hand by mail, we will not be able TO
give the exact details of its apphca-
! ton. 1t is evident, howeve-, that the
increase of duties on sugar are SUI
ficient to warrant expectation of som"
decrease of consumption of sugar in
Great Britain.
"Atlantic ports receipts for the
week (49,55l tons) were sufficient for
the MEETINGS $4,000 tons), and stocks
remain about unchanged.
Gas we go to press on Thursday
there is little to indicate much if any
change for the better in the sugar out.
look for some time to come. Holders
continue to offer Cubas at SOC, but
buyers remain Indifferent, their policy
being apparently to buy raws on the
hand .to.mouth basis, the same as the
country is buying refined.
Cuba Crop Growing
The visible production at 2,522, 756
tons is approaching nearer to last
! years production of corresponding
| date, 5G6,232 tons. The deficiency is
decreased to 33,476 tons by the slightly
larger receipts of 1888 tons this week
against last year. 5000 tons Exports
are moderate at 1869 tons, of which
according to Mr. Himley, 2S6 tons are
for Europe, with the balance for the
United States Atlantic ports.
"Stocks, in consequence, show only
a small decrease and continue large
for the season Of the year-99l .94c
tons, against 100000 tons last year
A remarkable circumstance in cOnner
tion with this large stock of 29l, ops
tons is that it is practically. all unsold
1t is estimated that only 10000 ton:
are owned by American refnrrs an
England. Once Central continues tC
work, the same number as last week
Weather is reported as unsettled, hur
as no unfavorable factors have az vet
been mentioned, the crop must be max
ing favorable progress and growth.
Refined
At the close last week, refncrs
prices for fine graduated were irregu
lar, from sc to 4.s0c TO 4.9Oc.
On Friday, the Federal, which ha'
made a 4.SOc quotation for a short tim'
on Thursday, went up to 1850, lis
PRICE, buI cohtlhueu IdhlnR OIu'lS u
400. The American, Howell and War
ner quoted sc and Arbuekle 495c OF
barrels and 100 pound bags granulate'
and cubes.
On Monday Howell declined to 4.95c
Also Arbuckle and Warner on al
grades, and American on all exccp
their special grades, say cut loaf
crushed, tablets, dOminos and mould A
TUESDAY Howell opened at 4.9oc
followed by Arbuckle and Warner OF
all grades and by American ON all ex
e6pt special grades, which latter re
manned at Sc basis, and as Federal con
tinued to take business at 1900, all re
fners were on the same basis, which
condition, as we go to press, still OBJ
taiHs.
Labor Strikes
''Thsre have been several reports O.
tabor difficulties at one or two re
fneries, but as far as we can learn M
serious interruption to work has beer
caused.
Western beet quotation declined II
4.65c. and Michigan beet to 40 basis
"Since the reported sale of 20,o0'
tons graduated sugar to the Unite
Kingdom last Friday, no hhsiness o
Importance has occurred in export re-
fined. For time there was some II
- est shown by Great Britain in Jan
uary March shipments at 3.5oc ne
cash, in bond, f, o. b. New York TO
graduated, hut as far as we can lear
no business has resulted.'
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