The Hawaiian gazette., 1915-03-19
STRONG BUYINGlS
HOLDING
NiIlet & Gray Add No New
.r Light To vexed
a. Situation
Heavy Purchases Of Cuban Raws
Tend To Steady the
Market

s.i svs a.. : --r-F, 4 "a
'Willet & Gray report sales Of 562,-i
,oo b,os C,,hon ana Porto Ricos March
j u. 49,. .'I.'l,,-., ~. NJ.
" nv Pit ",'' "s rePorFeou ~ ~
cables. Cuban stocks were lSQ,0Op tons
less than ! year ago while stocks in'
rn;tad atatns .ord .5C,,ba shoXvea uet
~ (. sl' - !, 4, 900 ~. -.
''si'"eV - iio,O'' 'o ing ~,
n part states that, While 9 partial
ause of the decline appears to- have
been the probability Of the release ct
go. s,o,n pnss;o .oono. & ,ste, the
$500 800 NJ,
cause OF the sudden change and partl',i
recovery was ave 70 the purchase ~
luea OF some 2OO,OVO bags OF Nentrl.'
fueals ~ prices OF S.S5e per tpy ana
s,oue Per 10 Tree on board Snpa N
APRIL, tne dying eeing snPposea 20 ps
ultiiheteiX lp1 stnpments 70 elghSf
france or treat brltam and - aua'
uon 70 former purchases Tor these AZ
counts. Ana growing ioat 81 knls
2uyying reP2Srts were cireulatea tnat tne
embargo imports into Sreat nrtalh
were ABOUT 70 De removed. t:E2 Ege
CONTRACTS advanced =,
FrlYate cables, however, from Ions
don pronounced such reports as pn-
toundea. Voner causes therefore must
oe assumed as the most hkeiy reason,
founded to some extent ut least, on
posltiye information There are Eng
ilsh OPERATORS having cohtraets LOT l.
o; D., deilVeries IN CUBA IN January,
February ana March are adVaneing
tneir contracts forward 70 some extent
py having soid ghelr early denVeries 10
the United states on the decline ana
eplaced win these purchases 1or April.
II TINS correct, ana rev uays
shonld snow tNen th ne, business does not
increase tne fermsrr sapphes lntended
SoI uieat i p, tEom Cura' -..
nraealA l'el Suphfeo L.. =. - ,
IN Isct, e'reat 6ritain IS IN no need
" asillnS " as present aVallaole sup
ghss, Wnien fFf qu9te suheleht on care.
tul eAieplatlons 70 last many months as
70 whiteTand refmed sugar and also as
70 raw sugar, as we make the stat'sties,
france Is not as Wen PROVIDED ahead,
ana u may De that the CUBA sugars
owned by operators for T. o. b. delivery
may eVensuaiiy go there u continued
20 DC smut out OF Great Britain by Its
embargo. 49,.
| we cannot consider that the business
should nave any important lasting et'
iect upon the market.
hussian fossiDia1ties
AS regards the effect Of the opening
OF the pardenehes, II accomplished,
| with the release OF Russian sugar to
ureat britain ana france, that Is moro
iaT reaching ana must De kept IN mind.
ny the latest Russian statistics
aVaiiaDie 10 us II appears that the Rus
sian estlmates briefly stated are, stock,
september i, 1914, 2f5,OOO tons; pro.
ductfon, lSl4-l5, 100000 tons mini
mum, 2, OS9,362 tons maximum, tgiving
total supplies OF 2,a75,Oo0 TO 1914 1862
tons against IN 1854, 2,O25,O00 tons.
Her Home REQUIREMENTS
Russia s requirements for home con
sumption. are, l9l4-l5, 1870, 900 tons
against lJ594,oG0 tons in l9l3.I4. The
'nVioiable reserve which Russia keeps
on hand Is estimated at 10000 tons
now against actually 10000 tons at
last years close. .,E g.
Exports to- Finland 10000 tons
agfinst 1920 tons last year Exports
to Persia $4,000 minimum, 100000 tons
naS imQpl against 50, $40 tons last year.
The allotted requirements total a
minimum Of l,s45,000 tons or a maxi
nun of 100000 tons for l9l4.l5,
against actual l9l3il4 of l,S69, 900 tons.
surplus Not Great
These figures leave available for ex.