Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-11-25
WORLDS PLUSSUGAR LIKELYTO
BEEXHAUSTED END Of NEXT YEAR

shipped to Great Britain and India
The balance OF 100000 tons held in
ether producing countries is reported
at present as not existing and doubt
I less has been absorbed in consump
! tion. as is bound to be the case when
, prices are high and sugar is scarce.
The sugar available from produc
zion in 1916 was placed in this previ
Gus review Of the present years sup
ply at l9.2l3,09G tons. For 1917 the
worlds production available for tha
year will approximate, according 10
the estimate shown in the accompany.
ing table. 20.12S, 900 tons, or approx
imately 9l5,000 tons more than in 1915,
but with the surplus no longer avail
able that was compiled in this years
available worlds supply, the lroGnc-
tipn for the period will still be short
Of the worlds CONSUMPTION Jy nearly
100000 tons. In other words. the
worlds increased production fer 1Hl 4
will not eGualize the absorption of the
1916 surplus; the one fact which
served theoretically to balance the
worlds supply and demand f3r the
present year. .:.. ...".
In the accompanying table. which
has been compiled to show the prob
able relations which viii; exist between
supply and demand in The world 8
sugar market in 1917, the crop esti-
mates given have been confined in de-
tail to those in which marked changes
in production are taking pla 80 be-
tween the output of 1916 and that FOR
1917. ~. .-
Beet Sugar Falls of l.. - ~
"The notable features presented by
these comparisons have been the very
considerable increase in sugar produc-
ton in the Western Hemisphere and
small increase in the Far East on
the one hand, and on the other a fur
Their striking decline in the supply of
European beet sugar due to conditions
created by the war
IN Europe the, beet sugar supply
shows further falling off with the
continuation of the war, the heaviest
decrease being noted in Russia, where
the production from the campaign now
under wayis estimated to be more than
$4,000 trEs less than in the 1856
campaign. This falling off of this
country's beet crop this year indicates
that Russia faces a theoretical short
age of 100000 tons, and that the en-
pire will be forced to seek that amount
of sugar from outside sources if the
present consumption requirements of
the nation are to be met, unless the in
violate reserves Of the nation are to
be called on to meet the emergency
ut is inconceiyable that the Russian
government has not already prepared
to secure from the worlds markets
the needed sugar to overcome any
prospective shortage during 1917. Ev-
cry political and economic phase of
Russia's food problems, affecting as
they vitality do the future strength of
the nation, points TO such a step be-
ing taken, as the curtailment of such
an important food product as sugar
would tend to create discomfort among
the Russian people and therefore will
unquestionably be anticipated.
THE beet sugar production for the
Central Powers shows slight in
crease over the 1856 campaign, due
to an increase in sowings, mainly
in Germany, but this increase does
not affect the worlds supply, in fact,
as such an increase is not only need
ed for home consumption, but even if
available could not be utilized in the
worlds trade the coming year.
Taking into account, therefore, the
heavy exhaustion of surplus stocks and
invisible supplies the world over in
1916, the heavy requirements of the
European nations (excepting the Cen.
trail Powers), which can be satisfied
only by purchases from the leading
cane growing countries of the two
it is obvious that the net
increase Excluding the Central Pow
ers' increase) of 100000 tons of sugar
available is very likely to be readily
and quickly absorbed. H. =..<
Expects Increased Consumption
IF 100000 tons of sugar from ex
listing stocks have been utilized this
year by the world, outside of the Gen.
trail Powers, this amount cannot be
carried forward for 1917, and if this
amount is deducted from the 100000
tons net increase available as repre-
5enting an expected consumption re-
quirement to be met next, year, it
will leave but 10000 tons of this es-
timated increase in production avail
able to meet increased consumption
In the world for 1917.
1T must also be borne in mind that
the estimated total worlds consump-
lion for 1916 was based OH 20 per |
cent reduction in consumption for
The world during the present year from
1915. 1t is now apparent that there
has been little or no decrease in sug-
ar consumption in either the belliger- |
ent or neutral nations of the world |
his year, and none is anticipated for |
1917 III. l. -.
Evidences are beginning to appear
n many quarters to the contrary and |
to even greater volume of !
in 1917 than in normal
years unaffected by the wars infiu-
snce, due to the higher wage levels |
hat are existing generally, the in.
creased number of women engaged in |
Industrial pursuits whose buying pow