Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1917-04-04
REDUCES OTHER
CROP ESTIMATES
Especial Correspondence Willett
- p. Esrcy.f -

lSFfctal correspondence NliLett ." q
.. ..-.s.- ..~,. Gray =. r."
NEW YORK. y. Y. Marsh 22.--The
market as we went tu Hress last week
was quiet. With Ttrtces barely main,
tanned at ! 5-1Ge eff. t5.333;c1 for
prompt and ( Ht c.St SEQ fuF
April. On Saturday tic market de-
cliped on sales Cf prompt =; ti4c c.-t.
t5.2icl and April i: 47sc c&.. :I-23c /,
On ICEday. ht-weNef. the market
vas 2 iNs5i increased strengt3 by the
settlement OF The pending strike on
ihe railroads and further comD!iea
tiCHs>in political conditions ..Ae To the
sinking OF az eriG2l vessels. and sales
we've made in nearby positions at
43%sc c.I@I. t5.2acI. showing advance 0.
= re- pound. Since tbs time the
market las cCRt!EueI firm. with a
good buying interest," Gt t@SC e.&E
I 2EcJ fol prG1rt ana ti:.G eft.
g. :,2cl for April. On Tuesday : loo
c&f. to.iGcj was paid. for 5000 bags
af.oat As We go to press The market
is firm, with sales at 1 }2c ext l5.52cl
fer prompt ard with sellers al As g
c.&f. (5.C4ci for April.
Sales OF Cubas en- al fob. basis are
reported at 4.l9c. .-.
Porto Ricos~ have been fairly active
at $3.50 and S6.27e. - =
Full duty sugars have been in brisk
demand by Canadian refiners, and
some excellent prices have been OBJ
tanned. one lot of San Domingos hav-
ing been sold at 4 15-32c elf. or a
higher basis at that time than Cuban
value. ..-
Atlantic port receipts are again larg-
er than MEETINGS, and stocks are in.
creased to 2S7,317 tons. The receipts
are 1868 tons and MEETINGS are CO.,.
900 tons. .ar. ...-..-. -: 49,. -. .:E
MIR Himley. the FederaI's Cuban.
agent. cables today that, in his Upin-
ion the Cuban crop will be less than
2,90O,0 600 tons. ...'.. e.
Mere Estimates Reduced
Advices just received from Mauri-
titus state that the yield during the
last month or more toward the end of
the campaign has fallen off. Doubt
is expressed as to the crop attaining
the estimate of 100000 tons. /.
Lack of rain in December and Jan.
uary is causing a low yield in the
Barbados. Ii is doubtful IL last esti-
mates of $4,000 tons will be attained
Our estimate on the European beet
crop is reduced somewhat since JAN
uary %. Tie decreases are 100000
tons in Germany, $4,000 tons in Hol-
land and 100000 tons in Russia. On
the other hand the increases are TO-.
900 tons in. Belgium and 10000 tons in
the beet crop of Spain. Net decrease
is $4,000 TONS making the total crop
for all Europat4 $4,000 tons, against
l.077,760 tons last year. ~. Fl.
Rsfine6. Fradesis. eettess. - -. sl- 'se,t..
The week his seen a steady i'm
provement in refined sugar shipments.
and prices are slowly being adjusted
TO more eguabie basis. The Ameri-'
can has improved so in shipping that
it extended its territory on Wednes-
day. to include all states east of Ohio,
West Virginia and Virginia, and to-
day to include Georgia, South Caro-
lima, Florida and & the Gulf states,
where New York shipment is desired.
on basis of &c plus New York freight
basis. Philadelphia refiners quote re.
Howell is &c basis. with some i'm
shown, and the other re-
timers, Arbuckle and Federal, continue
to quote 1850, while Warner is still
withdrawn, but. catching up rapidly
ON domestic shipments. Arbuckle is
prompt on all grades except powdered
and xxx. g.. E.. =
The demand is about fair.
Although refiners show much i'm
provement in conditions, they are not
yet inclined to offer export sugars
freely. The quotation remains NOM