The Hawaiian gazette., 1918-03-15
SUGAR SITUATION
.lkHEN YORK SHOWS
NORTHUMBERLAND
Arrivals Permit Meetings. Of Fifty
Thousand Tons During Last
WEEK In February :
JAVA SUGARS ARE TOO
HIGH, FOR THAI MARKET
tAdylees From Chicago Say Con-
dl6ons There Afsi Improved
With Moderate Weather

NEW YORK, February 2s-sales Of
6l2,OO0 bags of. Cuba and Porto Rico
sugars, 1877 tons Of venezuelRs and $50
! tons. of Perus are reported for the
week ending February % by Willett
q Gray in the Weekly Statistical su.
gar Trade Review, ~ :
Commenting on the market it says:
RaWs Come IN ~ '..
The international committee contin-
4,9s5 c. & Z. and Porto Reos at the
say 6.OO6c, Fpll'dqty sugars IRE being
taken at 4.749c elf.
sfhe arrivals Of raw sugars at the
Atlantic ports this week are 4s,627
tons, which, admits melting Of $4,000
tons, leaving raw stock Of 81 $40 tons.
These ueltiRgs allow q. distribution Of
$4,000 tons Of refined sugar. to be for
warhed from the atlantic ports and to
which can be added about 1000 tons
from the Southern refneries at New
Orleans, Savannah and Galveston. A
few more weeks Of. distribution Of this
size should place the cbuptry in a
normal condition as far as supplies of
renneQ are cOncerneu. =,
Cnbau Receipts
The receipts for the week at all
ports in the Island show q moderate in
crease over last week, heiRg. AZ, 1853
tons against 1922 tons. Exports are
large, 100 697 tons, Being more than
donble last week 5 figure, of which
quantity 54,365 tons were shipped to
the United States Atlantic ports, 49,
957 tons to, New Orleans and 32, 375
tons to Europe. The stock has in.
creased 39,661 tons during ! the week
TO 55As9f tons. The stock has In
creased 39,661 tons during the week to
554,SD7 tons One Central has finished
grinding, according to our cable ad.
vices, and one other has started up, SO
that the number Of factories at work
remains at 1913. The Central "El Sal.
vadOr" finished the crop with an out
turn of only 1900 bags as against
Messrs, JOAQUIN Guma Leandro Ne
jer's December "a, 1917 estimate of
$1,000 bags. q =
. Fine waether has prevailed, but it
has been rather dry, which, while
being favorable for harvesting and
: grinding operations, has slowed up new
crop growth somewhat.
~ The present crop in Java, which
started in: April,May, 1917, to Jan
uary 81, 1918, were 94S,3 43 tons. The
putturI of the crop IS practically as
,sured as 100000 tons, and by deduct
d. ing these exports it leaves a balance
Of approximately $50, 600 tons as a
stock Of both sold and unsold sugar.
However, we estimate that there is
stiIl due for shipment to Europe and
Eastern countries about 100000 tons,
and that the local consumption Of Java
and surrounding islands is $50, 900 tons,
the total of which would account for
100000 tons out of the stock of $780,
900 tons on January 81, mentioned
above, which leaves an unsOld stock
of 100000 tons as of that date. In
further connection with the above we
received an additional cable during the
week submitting offers of new crop
June-July, 1918 JaVas. The shippers
have apparently been able to obtain
options on freight for these shipments,
and on the basis of the quotations
named in the cable the freight and
Insurance figures 3.70cs per pound. On
Z this freight basis a elf. quotation for
90 degrees rsws is named at 6,O5c for
! brOWnB ana Tor the WHITES b.4Sc. 10
these quotations our duty OF l.256c for
basis 90 must be added, which, Of
course, makes these figures too high
for our market.
Refined, Situation
AZ remark sd above, the distribution
Of refined sugar through the Atlantic
and Southern ports is reaching quite
good proportions this week, being
about $1,000 tons. Continued distri
s button OF this size for few more
weeks will make a great Improvement
in refined sugar conditions in the
country.
The Wholesale grocers and jObbers
should advise their brokers as to the
number Of, heir, Food Administration
,Licepss promptly, SO that same may be
fled, with refneFs or PLACED ON orders,
Retihers are, not willing to accept or,
dars unless license numbers are filed
I. with their, sales departments.
Adviees from Chicago state that the
situation, there has improved, owing
Z to the mild weather and that some
relief has been experienced from the
scarcity Of sugar for the past month or
Az Nkak kareitnrv