The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1916-02-18
CUBAN FREIGHT !.
RATES ARE STIFF
one-Sixth Of Cuban Crop Had
Been Harvested On First
: @4v of Month 49,
But Getting It To Market Is What
Troubles the Producers =

Sales Of raw sugar at New York dur.
ing the week ending February .,
amounted to about 100000 bags for
February and March delivery Willett
& Gray report that on that date stocks
in the United States and Cuba to:
'gether were 299, 557 tons, against 23J,'
J76 tons last week and PSI ,401 tons last
year, an increase of 1886 tons from
last year. "@r
Buyers were more persistent than
sellers. .....,
Receipts at shipping ports in Cuba
are rapidly increasing, but the difficulty
If transportation at reasonable or even
high rates Of freight keeps the sugar
in Cuba, where it is not wanted and
prevents its rapid transfer TO the
United States, where II is wanted.
Values in the United States are likely
to remain steady and firm until some
supplies accumulate in the United
States. r.. r.. 49,. ..E,. ~
San Domingos and other full duty
paying sugars have been quite active
this week, about 1000 tons having
been sold to American and Canadian
refiners at 3A to 3l3.l6e Elf.
Freight Rates Pretty Stiff
Freight from Cuba to New York
continues nominally at soc per 100 lbs,
! put in instances 53c to soc has been
paid.
The fgures of the receipts for the
week continue to increase, as is only
to be expected with a crop of over
| 100000 tons to be made, those for
| the week ending January 20 being
l45,347 tons, compared with $4,000
.ons last year Exports reflect the
large sales of raws lately, and are more
| liberal, being 83,683 tons total, OF
which amount 22,4l9 tons are for
Europe and the balance, 81, PA tons
TO the United States Atlantic Ports
ind which win allow United States re
| liners to catch up somewhat on their
| cry much depleted stocks.
A few weeks Of liberal exports would
lace Eefners in a more independent
| .Iosiion as regards the market. Stocks
n Cuba continue to increase, being
!07,972 tons on January 81, and on
which date there were 1859 Central
| grinding, against 100 last year and 16l
| in 1914. The visible ploduc lion to
January 20 is 500, 202 tons, compared
| WIN EoEJOdO IONS ara foo,lol TONS 10
he corresponding dates for the two
preceding years. The weather during
he week has been most favorable for
| larvestihg.
labor Troubles Again
The change of the week has been an
Idvance by all refners to &c less 90;
for Fine Graduated. At the advance
he demand is reduced because of the
rec purchases already made by jobber.
N anticipation of the advance.
Owing to prevailing conditions, re
fners are more or less delayed, Amer
ans say indefinitely, principally owing
o labor troubles. Howell about two
weeks. Arbuckle delayed slightly by
stress of weather. Federal abop. foul
lays behind. Warner, shipment il
| turn.
1t is extremely difficult to get az
'Xact idea of how much Graduated fol
xport has been sold for shipment Jan
ary-April, as particulars of expor,
sales are withheld, but we can state a,
Ipprox matcly correct that l5O,00O tons
If refined sugar is booked to be ship
ed during the above mentioned perio
Of this quantity slightly above 50,o0l
tons has been shipped up to the end o.
| January.