The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1917-02-02
P|[|KlA NPATH
OF CUBAN CROP
Sugar Movement Hampered, Lack
Of Rain Felt and Sucrose
N Cane Is Poor z.

Reporting prospects for a Continued
firm market for raws and difficulties en-.
countered by Cuban planters, the New
York correspondent of a local sugar
house gives the, following interesting
review of the market situation under
late of January II: y" ... , . -:
This market continues to be govern
ed by the same conditions at outlined in
our last report. The trade is pursuing
a hand TO mouth policy based on the
hope and expectation that supplies from
Cuba will shortly be quite abundant
md that prices, as customary in Feb.
ru"rv, will ease off. -
For the moment, however, refner1
are from three TO four Gays behind with
heir deliveries and are compelled from
lay to dny to anticipate their require
ments with the result that frmness in
prices of raws is quite noticeable.
Conditions Net Discouraging >
Bearing in mind that these prices
are almost one cent per pound over last
years quotations at this time and that
he export demand still remains quies-
cent one is tempted to wonder what the
"esult would be if even a very moderate
export business should materialize.
Sales to rofners this week have been
firm one prompt Cubas at Az cents foi
early February A cents, and for all
February Az cents c. & 4. Porto Ri
"os are selling well up to the Cuban
'aritv, viz: ) 33 cents for immediate
loading and 5.27 cents c. /. 4. for late
January arrival. ' IT,
On the whole the conditions are not
dlscouraging .rr..
Cuban Railroads Demoralized .......
The question of peace or war does
not seem TO have much more than u
reflex influence on sugar.
Today there have been sales to re.
fners of Cubas for January clearance
about 10000 bags at An cents G, &
e. and 5000 bags Porto Ricos early Feb,
uRFy loading at 5.l4 cents. Operators
are said 10 be interested in Cubss for
first half February shipment at 1919
cents and for all February shipment at
Az cents.
%. Generalization on the Cuban rail
roads continues and is hampeTing very
seriously the movement of sugars 20 the
ports.
Sncrose Poor, Drought Felt "A,
Latest reports state that IA eentrals
are now operating in Cuba against l5l
las year, H.,
Sucrose in the Cuban cane is still re-
ported much behind last year, and some
cane growers in the Matanzas district
are complaining that their cane is dry
ing IN owirg to the fact that the long
drought of last spring followed by
tardy and insufficient rains gave the
stools but poor assistance in reviving
from the drought & o.
II is stated in quarters usually well
Informed that the number of stalks to
the hill will this year fall far short Of
last year and also that many of the
late appearing suckers viii not have
stamina enough to mature even IL left
to grow. .s" .">.
Rehners In Difficulty .'l..
Refined sugar is UassinC into con
sumption quite rapidly considering and
refiH"rs are meeting with much Difficult.
ty for want Of raws, in keeping melt
ipTs up TO the requirements.
The Federal starts up again in few
d"Ys Crd viii hrlD to relieve the situa-
ton, but their start also involves a
greater supply of raws. II
Beet sugar interests have definitely