The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1915-08-27
MARKET IS DULL
Mountaineering
Foreign Conditions Are Better IN
The Main According To
Z. WiIlett & Gray ~.
Domestic CONSUMPTION Slow
Held In Check BY Fruit
Canning Situation

fs- -- = '.t...a q. q
Willett 4 Grays report Of August 5
confirms sales of one lot only, of so, 900
bags, the market being "dull and nm
interesting. Peg -,
The market conditions ut the pres.
ent time are, somewhat involved and
more or less uncertain. With rsfiners
fairly well supplied with raws, and
with no appreciative interest In the
buying Of refined beyond immediate
requirements, 1t appears evident, to
some extent at least, that buyers of
both raws and refined are placing
themselves on the hand -to-mopth basis.
Ten Centrals continue 10 grind, the
same as last week, against 4 last year,
Visible production Is increased by this
weeks receipts Of 10, 68s tons to
2,4l6,Q3S tons, against last years Wis.
ible of 2,459, 34S tons. Decrease In
visible is 1891 tons under last year,
Stocks show furthsr usual decrease at
this time and are. now 4e6,7A0 tons,
the exports amounting to 5692s tons,
Of which, according TO Mr.. Himely,
$500 tons are destined to New Or,
leans and $500 tons to Galveston, with
balanes to United States Atlantic
Ports. .t.tt. ~. Es
Weather keeps favorable generally
for the growing 1el5-l6 crop, with the
exception Of some parts in the center
of the Island, where more rain is lie,
sired. We make mention of 10 new
Centrals now building and approach.
ing completion in Cuba in time for the
coming crop Of l9l6,18. The capacity
of these new factories, together with
the increase of some of the old plants,
now being expected these Ceptrals
viii work to their full capacities the
first year Of operation. -.
England buys PsFas .~...
United Kngaam continues to pick
up sugar from various parts of the
world, our latest adyiees stating that
they have secured some $1,000 tons
from Peru at las. fob Peruvian ports
(3hc per h.. U. 8. euFreney). A ppr.
chase Of Japanese refined - mentioned
elsewhere. "" 's'.'a '.- s@-'- s. ~ III d. g
Philippine exports up to July / have
been smaller than usual this year, due
partly to speculation and partly to re.
ported scarcity Of ocean tonnage. The
July shipments are Of quite good vol,
ume, however, and bring the total ex'
ports of this crop up to $4,000 tons
for East Coast U. s. [of which $4,000
tons are still afoat), 1000 tons for
West Coast U. s. and 81 900 tons for
Asiatie ports, against same time last
year to East Coast u. 8. and 54,621 ia
Elsewhere. From this il will be seen
that less Philippine sugars this season
are coming to America and more are
being marketed in the Orient.
Fermosa Drop Heavy .,
Adviees from Japan show the 1914 Is
Formosa crop is outturnipg 5000 tons
larger than formerly expected. Local
stocks are large and the 1856 For,
mosa crop Is estimated at 275, 900 tons
or $4,000 tons larger than the crop
now finishing. A smaller demand for
Java sugars for Japan may possibly
be expected from now on. Japan has
sold 5000 tons Japan refined to the
United Kingdom for shipment 500 tons
monthly over the period Of a year.
/ Refined Being Exported
While the. export business in refneG
sugar increased quite considers ly il
the month of July, the local trade, up
fortunately, showed no such improve
ment. Purchases previously made by
jobbeTs In advance of requirements
were too large for actual demand, and
refners have accepted for the balaRc
es of contracts the, reduced prices now
quoted them. This has rather stiInu
lated the Withdrawals and led to sons
increase in new business.
During the week some export bust
Il -, 81 L. l,,ls I Snl
tons Cubes for dEeat Britain ut prie,
understood to be 4.s5c per ID. net cash
In bond, Z, O. b, New York.
New Domestic Beet Crop
These crops are growing under fav
orable conditions, although in the mid
die. West the cool spring and SUMMED
has hindered crop development some
what. The heets In the extreme Wes
are developing under more favorable
conditions, particularly in California
where the harvesting of beets has al
ready started, and which on the aver
age Is earlier than usual,
Fruit CROPS And Sugar Stocks
Our special reports received from al
parts Of this country state that tbI
fruit crops this year are good, with
pue wy AoW EoAoopttOhu, bhucc OASop
tons being northern New England
Wisconsin, Minnesota and Iowa
Peaches are reported rs good AM
will outtuFR large crop except In tn,
States mentioned and in Missouri
Apples promise somewhat smaller
crop in the east but good in the cen
trail west, Berries vary as to locality
but mostly large crops, in some pie eel
exceeding the demand.
Stocks Are Small
As to local sugar stocks, our cor
respondents almost unanimously advise
that the STOCKS are small and mucl
less than last year. The few excep
tons only give the stocks as egualn4
but not exceeding those Of last year
With any kind of favorable Weathe
it would seen that q good demand 70
refRed ought to be Forthcoming 70
the peKt 80 days,
The special reports sent to us wer
made up before the occurrence of tn
! heavy rain and wind storm on tn