The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1915-11-16
COAST
WILL get MOST
OF lSl6SUGAR
What Western Refiners Cannot
Handle Win Be Shipped To .
Atlantic Seaboard = q
THIS WILL BE EFFECT 49,"
OF RECENT CONTRACTS
Labor Strikes And Higher Freight
.. Rates Cause Prices TO :.
Take Jump .

The first preliminary shipping esti
mate of the Sugar Factors Company
has now been drawn on basis Of 4g7,.
900 tons for the 1916 crop. What pro,
portion Of this win 90 east has not as
yet been determined, manager A. NJ
Novel; stated yesterday, as the Crock
EFT refinery has the first call on the
Hawaiian product. "
Crockett took 100000 tons of the
1915 crop and the balance was shipped
to Atlantic ports. Whether they will
want 100000 tons again this year, OIL
only $4,000 tons, will depend on or
ders and sales. All of the Pacific Coast
refneries are pretty heavily overstock
ed, but daily trade reports indicate q
rapid pick up in buying throughout the
entire west. If the holiday trade be.
comes normal the western refiners NAV
daeide to take the larger amount
Shipments east or west will all de,
pend on the general resumption OF
trade, Mr.. NOVEL; stated. 49,.
Incidentally, the Sugar Factors con.
tract was not definitely signed and ae.
repted until some thirty six hours after
the claim was made here that the new
arrangement was in full effect.
Labor Strikes In New York
Letter advices received by various
agencies Indicate that labor troubles
in New York City and a shortage of
available ships to bring sugar cargoes
from Cuba, with a furry in ocean
freights, are jointly responsible for ris-
ing prices. There has been a strike
among lOngshOremen in New York and
it has been difficult to get stocks
moved from warehouses where the
sugar is stored.
Nevers & Callahan state in their lat
est trade circulars that sugar freights
between north side and south side
Cuban ports and New York have risen
from the normal rate of II cents and
IS cents per hundred pounds to as
high as 2Se and 3ic, At close these
rates had fallen to 22c and 2Se. The
freight rate from south Cuba ports is
always 3 cents higher than from ports
on the north coast. A year ago the
freight rate from south Cuba ports rose
on one occasion to 80 cents or SO per
ton which was higher than had been
paid in twenty years.
Hawaii Will Benefit Some
Hawaii will have one cargo Of about
1900 tons to sell the first of next week
The Kentuckian, which was the first
of the three sugar boats held up by
the slides at Panama the first week in
October, ought to arrive at New York
any time now. She left Balboa Dc.
tober and it takes about forty days
from Panama to New York via Magel,
Ian. As sugar was selling at 40 when
this cargo left Hawaii the planters may
after all make a profit out of the de.
lay. If the present values hold until
the Kentuekian reaches her destination
it, will make difference of nearly
100000 in The prices received.
Probably less than half the total
1916 crop of Hawaiian sugars will go
east. Rising freight rates make big
difference and If the western refiners
can push their trade half way across
the continent il will be more advan-
tageOus for Hawaii to deliver a larger
proportion Of her crops at the Cali
fornian ports, to DE refl ID nearer
home
The scarcity of bottoms and higher
freights to New York is going to make
a big diffefence to Philippine planters
too, and there are rum0rs that much
sugar will be shipped to San Francisco
this year that normally would 90 to
the Atlantic. ~. SO