The Hawaiian gazette., 1916-08-11
CUBAN CROP Will !
EXCEED 100000
Sales Of Raw Sugar At New
York Have Almost En-
I'd" tlreIy Ceased

Sales OF raw sugar at New York
dropped to almost nothing during the
week ended July %. willett & Gray
report 1900 tons Venezuela. San Do.
mingo and Peru raws, 10000 bags Gu.
has, and 10000 bags Porto Ricos.
Cuban receipts were 1896 tons,
against 9,971 tons last week, 10000 tons
lbst year and $4,000 tons in 1914. Elk.
ports, 5000 tons; Stock, 546,336 tons,
against last year $4,000 tons. Centrals
grinding 10, against II last week, 10
last year and in 1914. Stocks in the
United States and Cuba together of
S44,sl6 tons, against S9s,576 tons- last
week and 954,545 tons last year, de.
crease Of 100, 100 tons from last year.
Philippine Low Grades
Porto Ricos were nominal during most
Of the week, but sale on Monday of
a nearby lot OF 6.1+c established mar.
ket quotation for these sugars
Full-duty sugars sold during the week
at 5Mc.c.i.f.. including San Domingos,
VeneZuelas aud Perus.
Further business in Philippines was
put through during the week, all at
ale, basis So degrees, the total sales
Of the crop being about 10000 tons
The recent sales are for afoats and for
July.August shipment. Practically all
reGners participated in the buying.
B. w. I. Sugars Distressed
A rather peculiar condition obtains
as regards British W. l. sugars. The
sugars are offered delivered at New
York at lower prices than they are
saleable at in New York. but business
is not possible owing to the British EN-.
barge prohibiting export Of foodstuffs
from British Possessions to outside
countries. Tsnallv these sugars go to
Canada, but a dull market there keeps
the Canadians from buying these sugars
ut present.
Louisiana
Business In new crop sugars for future
delivery continues to be reported from
New Orleans, although the quantity
which has changed hands thus far Is
only moderate. The sale reported dur,
ing the week was on the basis of $40
for 90 degrees test for November de.
livery, the quotation being unchanged
from that of the previous week, aud
further offerings are made at the same
price.
Cuban Crop 5000, 900 Tons
The Cuban stock is still slightly in
excess of last year, but continues to de.
crease rapidly, figure for this week be.
ing 546,336 tons. a decrease of 5l,05l
tons for the week. One Central has
stopped, leaving 10 which continue ia
grind, as against 10 last year, when
, the balance of production after this
time amounted to ISL, 939 tons. Adding
this figure to the estimated visible
production to date, say 8, 9O0, 729 tons
would indicate crop Of some 3,0SS. 66S
tons. The weather continues fairly
satisfactory for the harvesting and the
winding up Of the crop. hut more rain
would be welcome for the new plant
ings.
In Europe
An effort is being made to create a
demand in England for brown sugar in
larger quantities, and it has been rec.
commended, to the trade that they sell
2 lbs. Of white sugar with ] ID. Of
brown. 1t is thought that the scarcity
of sugar should be pointed out. and Gus
toners requested to assist the trade Ia
the extent of taking some brown sugar
with their white.
Russian beet crop estimates are be
ing reduced. as may be noted by our
figure of l,4O0,OO tons given elsewhere
in this issue. In Switzerland new
maximum wholesale prices have been
established for sugars in large lots by
the government, and are now in effect
St. Croix Grows Cane
Concerning the purchase of st. Croi1
and st. Thomas West Indian Islands by
United States they say, "Advices from
Washington state that negotiations are
practically completed for the purchase
of the Danish West Indian Islands, st