The Hawaiian gazette., 1916-07-21
LESS SUGAR USED
THAN IS USUAL
Tremendous Export Business In
Refined Has Developed
,dmSince January
u -. ~ 49, -. 1
Beet Prospects Are Reported
~..' Favorable and Weather
Seasonable . .: 81

willett & Gray report sales at New
York during the week ending July
6, Of 10000 bags San Domingos and
Icrus, $1,000 Porto Ricos and 5000
Uubas.
Cuban receipts; $3.50 tons, against
27,O9S tons last week, 1890 tons last
year and $1,000 tons in 1914. Exports,
ASSOC tons; stock. 650,256 tons,
against last year $50, 200 tons. =
Centrals grinding 10, against II
last week, IA last year and in 1914.
Stocks in the United States and
Cuba together of OH, 400 tons, against
a32,535 tons last week and I,135,497
tons last year, decrease of 2lS,097
tons from last year. .ra
Holiday Influences sv.
.The week under review included
three holidays, which naturally had n
somewhat quieting effect upon the
sugar situation of the remaining days.
During the holidays the accumula-
ton of Cubas soliciting a market
reached some $4,000 bags or more,
which came out offered at last week s
basis of 6.4Oc, but with intimations
that bids of 6.33c would be consider
ed. Buyers showed more or less in
difference, and no sales were reported
until the close, when Arbuckle Sc
cured Cubas at 6.27 and Porto Ricos
ct .6l4e.
Moderate sales are reported at Sc
fob. Cuba.
Consumption Declines
Consumption of sugar in the U. S.
for the first six months of this year
AZ 2,137,T33 tons, against 2,10S, 430
tons for same period last year, or an
increase of 29,297 tons; or 1.29 per
cent. The total business Of the At
lantic Ports refiners has been large,
% the MEETINGS for the period being the
largest on record, but the exports of
refined have been even larger, amount.
irg in fact, to 1866 tons, or very
close to the total of 3S6,951 tons re.
fined exported during the entire year
1915
Last year only 7l,71S tons were ex-
ported during the first half, the big
export refined business occurring in the
latter. half of the year. This year has
been just the reverse, the export bus
iIiess being heavy during the first
part, and Indications point to dim,-
nish demand during the latter part
in consequences of the expected ar
rival of white Java sugars in Eng
land and France.
Crockett Refined Sells Wen
The Atlantic Ports refiners' business
in sugars for home consumption has
fallen Off, the figures showing l,l0S,.
400 tons this year, against 1871 ,743
tons vast year. The home consump-
ton of imported sugars through New
Orleans however; shows quite an in,
crease in addition to which o., 1872
tons refined were exported from that
port, although it will be remembered
that the largest New Orleans refinery
was closed during part of the first
half of last year.
The increase in consumption is
chiefly made up by San Francisco re,
fined and domestic beet. The domestic
beet crop has been quite we'll cleaned
up, especially when it is considered that
the last crop was the largest produced
up to that time Louisiana crop con-
sumed naturally shows decrease which
can only be expected in view of the
small crop, Very little Louisiana old
crop remains unconsumed.>
Refined Is Slow ,-.
1t was generally expected that after
the holidays n much improved demand
would be felt in refined sugar, but it
now appears as if il were somewhat too
soon to have this demhd materiali2e.
However, there are many indications
that contracts are running out in a
majority of cases, and that before long
better demand will be experienced.
Quotations remained unchanged at the
7.65c basis GENERALLY for hard sugars,
but softs can still be shaded Is points
by Arbuekle and Warner
The clearing up of second hand sugars
will also tend to improve the general
demand, it now being quite difficult to
obtain any further sugars from buyers
desiring to resell at any important con.
cessiOns below refners'. prices. The
few secondhand sugars around are held
close TO refners' quotations of G5c.
No important export business is in
evidence this week, although there is
some enquiry from Greece. The GHk.
ing price for export are 6.50c to 6.60c
net cash, in bond. fob. New York.
United States Beet Crop
Based on Govornmen Mt Weather Re
ports and Nsates from the press to July
s. ial6:
With exception Of scattered showers
in Utah and Idaho, weather generally
has been clear, and seasonable tempara.
lures have prevailed in nearly oil parts
Of the country. In Colorado, particu
larly, showers are badly needed in many
sections. This is also The ease In Cali
tOrnia, another week with no rain be-
ing reported from beet growing dis
tricts. -. o..
Beet Farmers Contracts
According to the press The Great
Western SugnT Co. hnXn Announced nm