The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1915-01-08
CROP or CUBA
RIPENS SLOWLY
Many Mills Have Delayed Grind
ing Because Of UnfavorabIe
Weather Conditions


willett Gray's report for the week
ended December % shows very little
change. Prices remain up because Of
the continuance of unfavoIable weather
conditions in Gubc, which have delayed
the harvest aEi retarded the ripenine
of the cane. On December 22 only
forty -four mills were grinding, as com.
pared with eighty-three the same date
in 1918.
There is 5000 tons decrease Of stocks
in United States and Cuba, epmpared
with last week, but an Increase OF
%, 500 tons over even dates 1919. ri
One unusual incident of the week
was 'the purchase by the Federal OF
full-duty paying Perhyians, in port,
at 2Ke c. j, &, equal to 4.I3c, duty
paid. Owing 70 the difference in tariff
between Cuba and full-duty paying
sugars of .25c per H., this sale Of
Peruvians advanced the spot market
on the duty paid basis &c per ID. \
Philippine centrifugals Sold =
t''The reason these sugars were pur-
chased was that, owing to this larger
ult very EU
refners for export purposes, as the
drawback is practically Nc per ID.
larger than that obtained from Cubas.
OF curse, any advance such as in this
instance, and which was caused en-.
tirely by tariff differences, could hard
ly be expected to last, and even though
the market during the entire week was
very firm in tone, the spot market
shows n decline Of ke from the nom.
inal quotation of .13c quoted for the
day of December 10. This sale was
followed by sales of Philippine island
Gentrifugals, 96o test, from store at
4.0lc, which class Of Philippine sugars
is rather rare, although the production
of Philippine Island centrifugals IL
slowly increasing. The quotation OF
4.0lc was later confirmed by sales Of
Cubas at &c G.. & f.. as noted above. &
Speculation in Futures Light rs
Trading in raw sugars on the Cot.
fee Exchange of the City of New York
has been light during most of the
week, some days being without bust
ness. At the close the market Is more
active, some 500 tons being sold at
3. 15e for July and 3. 25c for September.
February is quoted at .s3e to 2. Soc.
"The interstate commerce commits.
sion has granted the Eastern railroads
permission to increase freight rates
FIVE per cent. Sugar rates will nm.
doubtedly be affected .f.z .,.M
The closing of theN Chalmette re.
finery, New Orleans, if it is to remain
closed, means an increased outlet for
the Atlantic port refners and domestic
beet refined. Es5at ,av E..... I -,
Refined selling to France
'WhiIe il rs generally credited in
the trade that export business has re.
Gently been done for prompt shipment
to France, the quantity involved is not
large. In fact, many advices received
from the Others side report that France
has bought largely of Italian and other
neutral countries graduated, some ad.
vices stating the quantity as between
10000 and 10000 tons, at what must
have been at prices below those pre-
vailing heret 1t is reported today that
France has purchased refined sugars for
shipment during February and March.
The quantity is variously estimated at
from l0-20,0 tons. i. e.. e. l. RI. ~
Domestic Beet Graduated is quoted
at 4 ,S5c, regular terms, Chicago-B Buffalo
territory. ~ o..
t'As per data received from all over
the island, the centrals in Oriente will
show q moderate decrease in their pro-
duetion, but on the other hand there
is an important increase in the pro-
duction of the centrals in the, western
provinces. Our estimation for this com,
ing crop amounts to 1890, 286 tons.
Always counting on it that the weather
will hold favorable and allow all avail.
able cane to be ground. III. NJ
1.-THE Los AlamitOs, California, fac.
tory finished the campaign on Decem-
Der 8, after one of the most successful
seasons in its history, lasting 1872 days.
90 The beets shipped from Garland,
Utah, to Sugar City, Idaho, are report
ed to have been received in the best
of condition. Next year there will
probably be no change in the price
paid for beets in these States. Stuff.
cient. beet seed to entirely supply their
needs is reported as en- route from
Europe; $50 tons of mother beets have
been stored at Payson. The remaining
interest in the Amalgamated and Lew,
istOn Sugar Companies held by the
American Sugar Company is reported
to have been purchased by Utah inter,
ests.
1.-The beets raised in New Mexico this
year for Colorado factories are report
ed to have turned out exceptionally
well. EttibE,
1.-THE Findlay, Ohio, factory finished
the campaign ON December r., after a
very successful season. A larger acre