Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1917-01-31
Especial Correspondence from wnlett
a. Crawl -

market for nearby positions, owing to
light arrivals OF raws 70 refiners, was
firmly maintained at 3-Sc c. & T.
l5.3sc). Toward the close. however,
this position eased off and II was
impossible to sen afloat sugars at bet.
ter than 41-4c c. q I. (5.27c), and
market quotations are reduced to this
basis. -
The favorable. weather conditions
In Cuba allow the Cuban crop to make
excellent progress, and with the rapid
Increase in the number OF centrals
the market for future shipments has
ruled easier. February and March
have been offering freely at 4 1-Sc c.
q {. l5.14el and bids have been se-
licited at lower figures.
Russia Reported - Buyer -.
The sale Is reported OF about Is 900
tons Of March-April raws at &c c. q
I. l5.02c) to several refiners and
which quantity Is to- be exchanged
for similar quantity OF refined sug-
ar for export. Russia is mentioned
as the destination of this sugar, but
it Is not certain that 1he sugar will
be exported to that country or to some
other. The particulars of the margin
for refining are withheld but Is un-
derstood to be about Loo per pound.
Porto Ricos sold for January posi-
tons at 5.27c, but later declined to
5.14c. sss...gs. ~ ~
Full duty sugars are obtainable at
41-Sc C. l. +, the parity Of 3.Sc G.. a.
/. for Cubas.
The receipts at Atlantic ports,
Il, 01S tons, are larger than the melt
ings, but only 1886 tons arrived at
New York, the balance going to Bos-
ton and Philadelpnia. Furthermore,
the total receipts include 1900 tons
OF low grade Philippines. The melt.
|ings are increased to $4,000 tons and
total stocks are So, 052 tons.
Visible Rroduefion ID Small
Receipts from Cuba for the week
are 81, l22 tons, against 1858 tons
in the corresponding week last year.
New crop exports are 729 tons TO New
Orleans and 23s169 tons to the U. s.
Atlantic ports, which latter combined
with 1857 tons old crop exports for
same destination, make q total OF all
sugars exported Tor 11rtherns markets
Of 26.526 tons sf0r the WEE Last
year 42,33S tons were exported from
Cuba to- the U.gS. Atlantic ports.
Stocks In the island are 60,643 tons
new andsS5e0 tons old sugars; togeth-
-ef S9,f4S TONS. On January Is there
were I4S centrals grinding, against
155 at corresponding time last year.
The visible production to January Is
is 129, e25 tons, against 247,199 tons
last year and 144.676 tons in 1915.
Weather during the week has contin-
ued favorable for harvesting.
New U. 8. Possessions
Negotiations that have been under
way more or less for over half a cen.
fury, but more actively 80 since July,
1916, have resulted in the exchange OF
Publications OF the treaty Of cession
by Secretary Of State Lansing and the
Danish Minister, Bran, in Washington
yesterday, according to press adyices.i
The islands purchased are st. Croix,
st. Thomas and st, John. The two
latter islands are small and produce
only enough sugar for their own con-
sumption. Latest estimate of st.
Croix present crop Is 10000 tons
against 1916 crop Of l4,75O tons. The
purchase price is $25, 100000 and is
to be paid over within so days. II Is
understood that the treaty provides
that meanwhile the Danish governor
shall continue his jurisdiction, ana
that a committee OF one Dane and
one American shall be appointed TO,
arrange for further details. The form.
OF government Of the islands and their
names are now IN the hands Of Con-
gfess, with some doubt as to whether
they will have o civil government or
be administered as q naval base, Tor
which they were bought.
; Our special cable from Batavia this
morning reports exports from Java
during the month Of December Of
900 tons to Europe, 5000 tons to
Suez for orders, and $4,000 tons TO
Asiatic ports. Total shipments from
April / to end of December are 696, 900
tons to Europe and 53S,0U tons to
elsewhere, together $4,000 tons.
Last years figures for this period
compare, 353,221 tons to Europe, &c.,
97S tons to elsewhere, total Of
LOIS, 199 tons. :.
ENGLAND Reduces Use
Press sdyices state that the newly
appointed British food comptroller has
issued an order that during 1911 no
manufacturer win be allowed TO lise
more than half as much sugar as he
used In 1916.
The request Of the beet growers
in Germany to have the price OF beet
roots for 1918 advanced to marks
per SO kilos was not fully realized, as
the official price was fixed at marks
per SO kilos, or say 1852 per ton. The
raw sugar price Is fixed at Is marks
for SO kilos (3.Ssc per ID. D. instead OF
Is marks asked. Advices state that
these lower prices are not entirely
satisfactory to the beet growers and
that no material increase In sowings
can be expected
The official price for beet roots In
Austria for 1918 Is fixed at
crowns per so kilos, or say $S.12 per
ton.
Refiners Are Behind @-.: -.
Refined sugar has remained un-
changed throughout the week, basis