The Hawaiian gazette., 1915-09-03
NONEW BUSINESS
INONE WHOLE WEEK
Buyers Are Sellers Both Await
New Developments In
Sugar Trade

mere were no safes IN the New Ofk
market during the week ending August
10. In part, Willett & Gray report
state there has been on change in the
market quotation during the week, the
quotation remaining at 4.95c. This
price, however, has been entirely nomi.
nal in absence of transactions to make
a change. There has been a DISPOSE
ton by sellers to accept lower price,
but buyers have held steadily off de,
clining to commit themselves TO any
price practicable for business results
Under this condition the sellers. after
offering Cubas for August and Septem
Der shipments at 4.77c and Porto Ricog
in port and for prompt shipment az
4.77c per h., have finally rested to
await new developments of this some.
what remarkable situation, which re
mains unchanged up to Wednesday
Indications point to the renewal Of
business at not above 477c, du,y paid
The Atlantic port figures for the
week give receipts Al 800 tons, melt
ing $4,000 tons and stock 32l,92l tons.
A cargo of about 25, 600 bags Cubas for
September shipment were exchanged for
about $4,000 bags in store here. The
Cuba lot goes to Great Britain.
Hurricane Missed Cuba
oh frluay our came adVlces re-
ported that a hurricane was in progress
southwest Of Haiti, and that it was
threatening the southern coast of Cuba
Saturdays cable stated the hurricane
had passed south of Cuba, doing nc
damage to the western part of the
island, but interruptiny communica
tions temporariIv with the eastern end
Bv Monday. communication being re-
stored, il was found that hut it'll,
damage to the growing sugar crop had
been done in Oriente and Camapuey
provinces. and that SLIGHT DAMAGE wa,
mentioned in Pinar del Rio province
where very little SUGAR is grown
Weather continued unsettled INIT prcs,
reports state the hurricane had passed
on through the Gulf and alpng tho
Texas coast.
On the one hand we have the dam
age from the blowing down and per,
hans some ~uprooting of the cana bui
on the other hand we have the benefit
of heavy falls of rain ACCOMPANY vim
the undesirable winds. As but small
DAMAGE fnDOFtpu- there must have
been some benefit from the precipita
ton So welcome at this time of the
wear.
Markat s+ottc+ico
he'oiPtS Tor inc past week were
H'"a"y AZ i"''1" '"nS' "E"lhsC lf'"o'
IONS lor IaS' "r'N an" same iaSI year
rAPortS ol goo" No'ulh' at oIloV tons
Iotal' OUT OF "hirh' according TO Mr.
!ihely' ""Uo IONS were lestlned TO-
EUROPE ana I",""" IONS 10 ne" VT
"""S' En'ir' tSlan MI S'ochS continue u
''''''""" sIedni.y, no" ""lhg 4-"''o'
'"ns, aE"i"S' p-',""" LOWS 'aSt year.
lSlDlr Pro'ucIloh 10 latest datn Il
ff''su' TONS, or fS'D1D IONS less thal
same Li'"e 'ast year, Dnt Ihere are hF'
'ehtF"lS "hlrh continue TO GRIND
against three laSI year. i'ople usually
"c'l lh'or'n'" say th'rr are larR'
sIochS On P'hhIatlohH AT thS llme' ahC
these STOCKS can De cNP"rt"" 10 Sho"
up al 'he fecelPtS at inc ShlPP'hg porte
rom now on.
oiioi '"t0
hePortS iuSt recrlN'I S'a'" 'hai inc
province OF nc"n'ah mas suffered the
nloSt general an" Hen'r' roStS tnh'
nave ever occurred In thai di"trlrt
"i'n ip' result tha' the ''''' )" crop Oh
."a' S'''i"" ~ no" expected TO out
' 'i "i''S ,-''',U IONS, "@"l"S' pre-
''"''' 'o',r ~, " -'''''" 'o"S ioI III
- .r no ~ ~ """" ."' ou't"'
'o,. -, ',oP " '''"" 'onS
Iw oo ,ina ~ "H"'n a, PLr'iouS "S'ihdte
VI ""U'''O tohS' Inc 10 crop out