The Hawaiian gazette., 1916-05-26
labor TROUBLES
MADE HIGH PRICES
Buying Of Raws Dropped To
NothlngNWhen Refineries
Were Tied Up
Those Who Had To Have Sugar
$50 Had To Pay
l,, For II

Ness thhn oVVOU bags OF raw sugar
sold at New York during the week end
Ing May II when the prices held al
ey52 to 6.65, and these small lots were
for late May and June delivery. Porto
Ricos at the same dates were held at
$50. Last year, price was 4.S9. viii.
lett u Gray estimator
Receipts at Atlantic ports, g0,44O
tons; MEETINGS, $4,000 tons; total stock,
1880 tons, against 1875, ITO tons last
week and, 1926, 086 tons last year.
Cuban Centrals grinding ia, against
i41 last week, l66 last year and 123
Stocks in the United States ana Cuba
together Of 1,ll7,S2l tons, against
LOsS,29S tons last week and loss, 776
tons last year, an increase of S2,O45
tons from last year. ~ Ss I
They state that the price Of sugar
has now risen to q point where the
market is particularly sentative to apy
happenings that may occur to affect Il.
Foreign orders Wanted
Great Britain has secured some 5OO,.
OoO tons sugars from Java, and may yet
secure some 100000 tons from Manri-
thus (croP maturing August, for con.
sumptiye use during last half of the
year, and careful calculation Of i'm.
ports to May 1 into England and
France, and the supplies Of Cubas and
American 1Gfanulated bought ahead,
shows the position Of these two coun.
tries to be in Q very satisfactory posi-.
ton when the jaws are Included. -,
This situation does not mean that
they will withdraw from the market
entirely but that it puts England and
France in more independent position
and allows them to buy sugars when
they think prices warrant purchasing,
and not, as has been the ease up to
now, of buying when sugars were OBJ.
taipable, whatever. the, price, /
Cuban Holders Strong
= While Great Britain il ut the pnomeot
from the United States mark.
ct for refined, yet q very steady de,
mand for refined il being flied for sew.
eral other foreign countries, which, If
continued, viii necessitate refners en- |
tering the market for rawa
Cuban holders no doubt appreciate |
this and are in excellent financial |
condition from profits already secured
to hold the market firmly over any TEN.
Porary setback, if they are disposed to
10 30. .'" ,r.sf.
The strength or otherwise of the
market is now controlled BY Cuban
folders. s5es,t w. =
rhe End In sight
The eabled figures for the week end.
pg May 8 show Cuban reeeipts Of o.
IA tons, against $4,000 tons for same
week last wear and OK non tons IN IoII
Exports continue about tSa sama go. Ia"
Iverage of the past few weeks 40 O5S
ons total, distributed AZ foljows. 20
i76 tons to u. 8. Atlantic morris "a G5s
ons to New Orleans and 9569I tons ~
europe. ) N'.'7 ,'''.' Z ~
Stocks in the Island are inerease6
lightly to 934 $40 tons, the high point
o far Twenty!four Centrals eiosedl
own during the week, leaving 123
rinding ON May 8, the same number
s in 1914, while last wear l66 continm.
d to work at this time Corracted
isible production to April 30 IL 2 36S.
03 tons, compared. with I 75b nos tons
nd 1923, 1928 tons for the two nraced.
az years. ~ ~ 70 y"
During April 1916. there were nro-
uced 563,5lI tons, being the largest
'Pril production on record, although
OF the largest for any one month 4
.isibie production to May 6 is 246s'.
II tons, against 1855 092 tons to cor. I
ms III 1914. Light rains and inset, =
ed weather have been reported by
lble during the week. Later cables n
port ia Centrais grinding. with IA. :
lrable weather. y
hilippine Islands p ~ q
Shipments during April increased .
ling divided as follows: 5000 tons TO- +
IN Francisco, 1900 tons TO Oriental =
and 1g,269 tons 10 England !
total of 37,259 tons, against a total II
$4,000 last year, SO FAR there have =
zen 5000 tons slipped this wear tn
IN Francisco, but no exports to the
nited States Atlantic ports. while TO-.
Q tons bad been shipped last wear 70
lst Coast United States. o